Fees and Charges

Transparent pricing. Every charge itemised.

Simple per-lot commissions across every PMEX market, with exchange and regulatory charges shown separately, so you always know exactly what a trade costs.

What a trade costs

Titan Capital commission

A fixed amount per lot, per side (buy or sell). Listed contract by contract below.

Exchange and regulatory charges

PMEX trading fee, Investor Protection Fund, SECP fee and settlement guarantee contribution. Passed through at cost.

Taxes

Applicable provincial sales tax on commission and PMEX fees, as required by law.

Charges apply on each side of a trade. A round trip (open and close) is two sides.

Titan Capital charges

Titan Capital commission in Pakistani rupees for each PMEX contract.

ContractLot sizeTick valueCommission per lot (Rs)
Gold 100 Oz100 oz$106,000
Gold 10 Oz10 oz$11,200
Gold 1 Oz1 oz$0.10120
Gold Micro Ounce0.01 oz$0.0010.50
Silver 5,000 Oz5,000 oz$519,500
Silver 500 Oz500 oz$0.501,950
Silver 100 Oz100 oz$0.10455
Silver 10 Oz10 oz$0.0139
Silver 1 Oz1 oz$0.0015
Platinum 50 Oz50 oz$513,000
Platinum 5 Oz5 oz$0.501,300
Platinum 1 Oz1 oz$0.10300
Platinum 0.5 Oz0.5 oz$0.05150
Palladium 100 Oz100 oz$103,900
Copper 25,000 lb25,000 lb$12.509,750
Copper 1,000 lb1,000 lb$0.50390
Copper 100 lb100 lb$0.055

Commissions are per lot, per side and exclude exchange charges and applicable taxes. The schedule is reviewed periodically and the rates shown are current.

Account charges: Rs 6,000 one-time account opening, and Rs 10,000 annual account maintenance.

Exchange and regulatory charges

Set by PMEX, SECP and NCCPL. Titan Capital passes these through at cost with no markup.

Exchange and regulatory charges, per side
ChargeRateApplied
PMEX trading fee0.009% of contract value (minimum Rs 30)Each side
Investor Protection Fund (IPF)1% of PMEX trading feeEach side
SECP transaction fee10% of PMEX trading feeEach side
Settlement Guarantee Fund (SGF)0.00031% of traded value, charged to buyer and sellerEach side
Front-end fee0.001% of added valueEach side
Sales taxApplicable provincial rate on commission and PMEX feesAs applicable

The minimum PMEX fee does not apply to Gold Micro Ounce contracts.

A trade, step by step

Exchange charges on a contract with a notional value of Rs 1,000,000, per side:

ChargeAmount (Rs)
PMEX trading fee (0.009%)Rs 90.00
IPF (1% of PMEX fee)Rs 0.90
SECP fee (10% of PMEX fee)Rs 9.00
SGF (0.00031%)Rs 3.10
Subtotal, exchange chargesRs 103.00

Add the Titan Capital commission for your contract from the schedule above, plus applicable sales tax.

Capital gains tax services

Capital gains tax on futures profits is governed by the Income Tax Ordinance and the Finance Act. The annual service tariff for CGT administration by NCCPL and PMEX is based on annual trade value:

CGT administration service tariff (Rs)
Annual trade valueTotal charge (Rs)
Up to Rs 100,000100
Rs 100,000 to Rs 5 million250
Rs 5 million to Rs 10 million360
Rs 10 million to Rs 50 million600
Rs 50 million to Rs 100 million1,800
Rs 100 million to Rs 500 million6,000
Rs 500 million to Rs 1 billion8,500
Over Rs 1 billion15,000

Ready to start trading?

Open your account and trade PMEX markets with clear, itemised pricing.