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ZLK logo

ZLK

Regulated
Pakistan
,
Since 1994
Last Updated:
36/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
Cash (invest)Cash (invest)Cash (invest)

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfer

bank transfer
days
Fee:
Free
Fee:
Free

Cheque Deposit

bank transfer
days
Fee:
Free
Fee:
Free

Physical Delivery

other
days
Fee:
Free
Fee:
Free

Securities Trading

other
days
Fee:
Free
Fee:
Free

Account Opening

other
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 34%, 2: License 63%, 3: Software 0%, 4: Spread 0%, 5: Account Type 9%, 6: Symbol 0%
Regulation
34%Poor
License
63%Fair
Software
0%Poor
Spread
0%Poor
Account Type
9%Poor
Symbol
0%Poor

Company Information

Full Name:Zahid Latif Khan Securities (Pvt.) Ltd
Founded:1994
Headquarters:Pakistan
Enterprise Offices:1offices

Customer Support

Phone:
+92 51 2894401-05
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about ZLK: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

In the world of dynamic financial trading, it is almost impossible for both novice and professional traders not to pay much attention to choosing a proper broker. ZLK is positioning itself as a trading broker and investment services company that tries hard to ensure a secure platform for market participants. Since the financial services industry is saturated with numerous brokers, each offering unique features and services, understanding what ZLK brings to the table is essential for traders seeking a dependable partner.

The following paper reviews ZLK in depth: its background, main features, legal status, conditions of trading, fees, assessment, and customer experience. Because the information on ZLK itself is sparse, this review will describe what is known and note where information is missing, in the interest of clarity and professionalism.

Background and History

Unfortunately, rather scarce information is available about the detailed history and date of establishment of ZLK. The broker seems to be one of the recent newcomers in the field of financial services, offering trading solutions to various groups of clients. Without extensive historical data, it becomes hard to trace a company's evolution or milestones.

Nevertheless, with ZLK's presence in the market, it would seem to have the ambition of becoming a competitive broker through the provision of essential trading services and platforms. For the company in growth, more insights into its background and development may become available.

Key Features and Offerings

ZLK intends to please traders with its set of financial instruments and trading platforms. Specific details on the range of assets and proprietary tools are scarce, but usually, brokers in this category offer access to forex, commodities, indices, and possibly even cryptocurrencies.

It is more probable that ZLK may highlight easy usability interfaces and swift trade execution to secure its client base. "Educational resources, analysis from market experts, and customer support—industry standard tools to enrich trading experience—may also be part of an offering from the broker ".

Licensing and Regulatory Compliance

Regulatory oversight is one of the most important factors in selecting a broker, and it is important for maintaining financial standards and safeguarding clients. Unfortunately, there is limited available information concerning the regulatory licenses and jurisdictions under which ZLK operates.

Traders are advised to proceed with caution, while looking for direct confirmation from ZLK with respect to its regulatory status, before undertaking trading activities. Transparency in terms of licensing is what provides trust and security in financial relations.

Regulator

License Number

Trading Terms & Technology of the Trading Platform

This includes basic trading conditions such as spreads, leverage, and minimum deposit requirements. The problem is that exact information concerning trading conditions in ZLK cannot be accessed yet.

When it comes to platform technology, brokers usually provide popular platforms such as MetaTrader 4 or 5, or perhaps their proprietary platforms, which are focused on ease of use and advanced trading tools. It would be reasonable to assume that at least one robust platform would be available from ZLK to make trading operations easy.

Trading Condition

Information

Spreads

Limited information available.

Use

Limited information available

Minimum Deposit

Limited information was available.

Trading Platforms

Limited information available

Fee Structure

It is important for traders to understand the fee structure so that they can manage their costs effectively. The fees charged might include commissions, spreads, deposit and withdrawal charges, and inactivity fees. Detailed information on the fee structure charged by ZLK is not readily available.

For that reason, clients should contact ZLK directly and ask for the most up-to-date information on all of the applicable fees associated with an account prior to opening one.

Fee Type

Information

Deposit Fees

Limited information available

Withdrawal Fees

Limited information is available.

Commission

Limited information is available.

Spreads

Limited information is available.

User experience and market reputation

Client feedback and market reputation are good indicators of a broker's reliability and quality of service. As there is little information regarding ZLK publicly, there isn't enough data to offer a proper judgment on user experience or even reputation among the trading community.

Certainly, traders who are interested in this broker would be searching around for reviews, testimonials, or probably even trying out some trial accounts themselves to test the broker's performance and services personally.

Introduction & Recent Developments

As of this writing, there have been no publicly issued updates or developments regarding ZLK. This can be attributed to either the low profile that the broker operates under or perhaps its status as an up-and-coming broker within the markets.

The stake and investors in ZLK would like to get information on official announcements and industry news regarding the progress being made within this company or its new offerings.

Conclusion

The company ZLK positions itself as a trading broker and financial services company that has great potential to serve traders of different markets, but due to the lack of specific details regarding its regulatory status, trading conditions, fee structure, and user experience, one should be very careful with this company. Prior to dealing with ZLK, traders should conduct due diligence, establish direct contact with the broker, and scrutinize all essential information. Transparency and adherence to regulatory bodies are still the major indications of a secure and efficient trading environment.

Regulation check

Regulatory Licenses

ZLK is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 1 checked
1Licences on record
0Confirmed on register
1Tier 1 or 2
0Offshore

How far our check got

  • 1 not yet checked
  • SECTier 1 (securities)PakistanFinancial ServiceNo. BRC-030

    What the register says

    Licence number
    BRC-030
    Type
    Financial Service

    Client protection under this licence

    • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
    • Complaints routeSEC Tips/Complaints/Referral
    • Maximum leverage1:50

    These are the rules SEC sets for the firms it licenses. They are not a statement about how ZLK applies them, or about which of its companies would hold your account.

    About Securities and Exchange Commission

    Onshore regulatorGovernment bodyCompensation: SIPC insures up to $500,000 per customer (including $250,000 cash)Public registerTransparency: medium
    Typical cost of this licence
    Varies; FINRA and SEC registration fees
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

3 account types on record. Leverage up to 1:1.

3 account types
AccountMin DepositLeverageCommission
Cash (invest)InvestNot recorded1:1Information not specified
Cash (invest)InvestNot recorded1:1Information not specified
Cash (invest)InvestNot recorded1:1Information not specified
Account names and conditions as published by ZLK, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank TransferNot recordedNot recordedNot recordedNot recordedNot recordedday
Cheque DepositBank TransferNot recordedNot recordedNot recordedNot recordedNot recordedday
Physical DeliveryOtherNot recordedNot recordedNot recordedNot recordedNot recordedday
Securities TradingOtherSpecific commission rates depend on the trading instrument and contract size.Not recordedNot recordedNot recordedNot recordedNot recordedday
Account OpeningOtherSpecific requirements for account opening are detailed in the account opening form.Not recordedNot recordedNot recordedNot recordedNot recordedday
Fees, limits and processing times as published by ZLK, recorded by Wikilix.
Websites

Global Domains

5 domains on record. All active and served over HTTPS.

5 domains
  • online.zlk.com.pk/semrisActiveHTTPS
  • aof.zlk.com.pk/loginActiveHTTPS
  • pmex.zlk.com.pkActiveHTTPS
  • tlb.zlk.com.pk/loginActiveHTTPS
  • old.zlk.com.pk/semrisActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the ZLK brand.

1 entity
  • ZAHID LATIF KHAN SECURITIES (PRIVATE) LIMITEDActivePakistanRegistration 0041608Established Feb 20, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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