SECPakistanTier 1Licence number
027/Securities Broker/2023
View licence record- Licence holder
- Held by HMFS
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for HMFS
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
HMFS has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for HMFS, strongest authority first.
1 record
- SECPakistanTier 1
Protection
What this licence protects
SEC's own rules for the firms it authorises.
- Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
- Complaints routeSEC Tips/Complaints/Referral
- Maximum leverage1:50
Frequently Asked Questions
Questions about the licences held by HMFS
Answered from the register entries on this page.
Most Popular Questions
HMFS offers customer support in English with live chat available during business hours. Clients can also reach support via phone at +92‑21‑35364665‑68 or email at info@hmfs.com.pk and iftikhar@hmfs.com.pk. Additional contact details include fax and mobile numbers, with a physical address in Karachi, Pakistan.
HMFS supports multiple funding methods including credit/debit cards, bank wire transfers, Skrill, Neteller, mobile money services, local bank transfers, PayRedeem, cryptocurrency via BitPay, and other e-wallets like FasaPay and WebMoney. Withdrawal processing times vary from instant to up to 24 hours or longer depending on the method.
HMFS offers a maximum leverage of up to 1000.
The minimum deposit amount required by HMFS is 50,000 Pakistani Rupees (PKR). Deposit methods include credit/debit cards, bank wire transfers, and various e-wallets, with some methods having minimum deposit amounts in USD starting as low as 5 USD.
Habib Metropolitan Financial Services Ltd (HMFS) is regulated by the Securities and Exchange Commission (SEC) of Pakistan. It holds a valid financial service license and operates under onshore regulation, providing a level of investor protection. The SEC is a tier 1 securities regulator with public license lookup and complaint mechanisms.
HMFS has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
HMFS holds licence records issued by SEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by HMFS comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by HMFS has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
HMFS has licence records in Pakistan. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.