ARIF HABIB foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://arifhabibltd.com, about the company's legal and temporary regulatory information, the company's address Arif Habib Centre 23, M.T. Khan Road Karachi-74000.
Arif Habib, officially known as Arif Habib Limited, was established in 2021 and is headquartered in Karachi, Pakistan, at the Arif Habib Centre, 23 M.T. Khan Road, Karachi - 74000. The company operates as a private entity and provides a range of financial services including brokerage, investment banking, and research, primarily targeting both retail and institutional clients.
The broker has developed its reputation within the financial market by offering services that cater to various segments, including high-net-worth individuals, corporations, and government entities. Over the years, Arif Habib has achieved several milestones, including the launch of its online trading platform and the introduction of multiple account types to accommodate diverse trading needs.
Arif Habib Limited is part of the Arif Habib Group, a well-known business conglomerate in Pakistan with interests in various sectors, including finance, construction, and manufacturing. The business model of Arif Habib focuses on retail forex trading, investment banking, and providing research services, positioning itself as a significant player in the financial services industry.
Arif Habib operates without any valid regulatory oversight, which is a critical factor for potential clients to consider. Currently, there are no recognized regulatory bodies overseeing the operations of Arif Habib. This lack of regulation can lead to significant risks for traders, including limited avenues for dispute resolution and potential safety concerns regarding client funds.
The broker does not hold any regulatory licenses, and as such, there are no regulatory numbers associated with its operations. Furthermore, the company does not participate in any investor compensation schemes, which typically provide an extra layer of security for clients.
In terms of compliance, Arif Habib claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, although the effectiveness and enforcement of these measures remain questionable due to the absence of regulatory oversight.
Arif Habib offers a wide variety of trading products, catering to different investment strategies. The broker provides access to forex trading, with a selection of major currency pairs available for trading. While the exact number of currency pairs is not specified, clients can expect to trade popular pairs like EUR/USD, GBP/USD, and USD/JPY.
In addition to forex, Arif Habib offers Contract for Difference (CFD) products across various asset classes, including indices, commodities, stocks, and cryptocurrencies. The company continually updates its product offerings to align with market trends, although specific details on new product introductions are not readily available.
For retail clients, Arif Habib provides comprehensive trading services, including online trading platforms and market research. Institutional clients can also benefit from tailored services designed to meet their specific needs. However, details regarding white-label solutions or asset management services are not explicitly mentioned in the available resources.
Arif Habib does not support the widely popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may limit its appeal to traders familiar with these systems. Instead, the broker offers its own proprietary trading platform, which is accessible through web browsers and mobile applications for both Android and iOS devices.
The web-based platform allows users to manage their investments, execute trades, and access market data conveniently from any location with an internet connection. The mobile applications are designed to provide a seamless trading experience, enabling traders to stay connected and make informed decisions on the go.
The broker employs a Market Making execution model, which means it acts as the counterparty to client trades. This model may raise concerns about potential conflicts of interest, particularly in terms of pricing and execution speed. Additionally, specific details regarding server locations and technological infrastructure have not been disclosed, nor is there information about API access or automated trading support.
Arif Habib offers two primary account types to cater to different trading preferences:
Classic Account: Designed for clients who prefer to trade independently, this account type provides access to the Arif Habib trading platform. The commission structure for Classic accounts is set at 3 paisa or 0.15% of the share price, whichever is higher.
Premium Account: This account type is suitable for clients who wish to receive additional support from qualified traders. It offers similar access to the trading platform as the Classic account but with enhanced trading assistance.
Both account types come with features such as software trading terminals, web-based interfaces, and mobile trading capabilities. The broker allows for a minimum deposit requirement, although specific figures for each account type are not detailed in the available information.
Leverage ratios vary depending on the product being traded, and the minimum trade size is also not specified. Additionally, the broker applies overnight fees, but details on these charges are not provided.
Arif Habib supports various deposit methods, including bank transfers and credit cards. The minimum deposit requirements may differ based on the account type, although specific amounts are not disclosed.
Deposits are typically processed within a short timeframe, but the exact duration is not mentioned. There are no fees associated with deposits, making it easier for clients to fund their accounts.
When it comes to withdrawals, Arif Habib provides multiple options, but the specific methods and any associated limitations are not clearly outlined. Withdrawal processing times also remain unspecified, which could be a concern for clients needing timely access to their funds. The withdrawal fee structure is not detailed either.
Arif Habib offers customer support through various channels, including telephone, email, and social media platforms. The support team is available during business hours, which are typically from 9:00 AM to 5:30 PM Pakistan Standard Time.
While the primary language of support is English, the broker may offer assistance in other languages, although specific languages supported have not been indicated.
In terms of educational resources, Arif Habib provides clients with access to market analysis, economic reports, and trading tutorials. These resources are designed to help clients make informed investment decisions and improve their trading skills.
The broker also offers tools such as trading calculators and economic calendars, although the extent of these tools is not elaborated upon in the available information.
Arif Habib primarily serves clients in Pakistan, with its operations concentrated in major urban centers. The broker has established a network of offices across the country to facilitate client engagement and support.
However, there are regions and countries from which Arif Habib does not accept clients, although specific details on these restrictions are not provided. The broker's lack of regulatory oversight may also limit its ability to serve clients in certain jurisdictions, particularly those with strict financial regulations.
In summary, while Arif Habib presents itself as a comprehensive broker offering a range of financial services, potential clients should exercise caution due to its unregulated status and the associated risks. Thorough research and consideration of the broker's operational framework are essential for ensuring a secure trading experience.
Arif Habib broker continues to evolve, adapting to the needs of its clients while navigating the challenges posed by its regulatory environment.
FX1449137234
Argentina
They took $5000 from me and the page asked me to fill the information. I worried about that they might do something to me. Please expose it.
Exposure
2021-11-03