Titan Capital commission
A fixed amount per lot, per side (buy or sell). Listed contract by contract below.
Fees and Charges
Simple per-lot commissions across every PMEX market, with exchange and regulatory charges shown separately, so you always know exactly what a trade costs.
A fixed amount per lot, per side (buy or sell). Listed contract by contract below.
PMEX trading fee, Investor Protection Fund, SECP fee and settlement guarantee contribution. Passed through at cost.
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 commission in Pakistani rupees for each PMEX contract.
| Contract | Lot size | Tick value | Commission per lot (Rs) |
|---|---|---|---|
| Gold 100 Oz | 100 oz | $10 | 6,000 |
| Gold 10 Oz | 10 oz | $1 | 1,200 |
| Gold 1 Oz | 1 oz | $0.10 | 120 |
| Gold Micro Ounce | 0.01 oz | $0.001 | 0.50 |
| Silver 5,000 Oz | 5,000 oz | $5 | 19,500 |
| Silver 500 Oz | 500 oz | $0.50 | 1,950 |
| Silver 100 Oz | 100 oz | $0.10 | 455 |
| Silver 10 Oz | 10 oz | $0.01 | 39 |
| Silver 1 Oz | 1 oz | $0.001 | 5 |
| Platinum 50 Oz | 50 oz | $5 | 13,000 |
| Platinum 5 Oz | 5 oz | $0.50 | 1,300 |
| Platinum 1 Oz | 1 oz | $0.10 | 300 |
| Platinum 0.5 Oz | 0.5 oz | $0.05 | 150 |
| Palladium 100 Oz | 100 oz | $10 | 3,900 |
| Copper 25,000 lb | 25,000 lb | $12.50 | 9,750 |
| Copper 1,000 lb | 1,000 lb | $0.50 | 390 |
| Copper 100 lb | 100 lb | $0.05 | 5 |
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.
Set by PMEX, SECP and NCCPL. Titan Capital passes these through at cost with no markup.
| Charge | Rate | Applied |
|---|---|---|
| PMEX trading fee | 0.009% of contract value (minimum Rs 30) | Each side |
| Investor Protection Fund (IPF) | 1% of PMEX trading fee | Each side |
| SECP transaction fee | 10% of PMEX trading fee | Each side |
| Settlement Guarantee Fund (SGF) | 0.00031% of traded value, charged to buyer and seller | Each side |
| Front-end fee | 0.001% of added value | Each side |
| Sales tax | Applicable provincial rate on commission and PMEX fees | As applicable |
The minimum PMEX fee does not apply to Gold Micro Ounce contracts.
Exchange charges on a contract with a notional value of Rs 1,000,000, per side:
| Charge | Amount (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 charges | Rs 103.00 |
Add the Titan Capital commission for your contract from the schedule above, plus applicable sales tax.
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:
| Annual trade value | Total charge (Rs) |
|---|---|
| Up to Rs 100,000 | 100 |
| Rs 100,000 to Rs 5 million | 250 |
| Rs 5 million to Rs 10 million | 360 |
| Rs 10 million to Rs 50 million | 600 |
| Rs 50 million to Rs 100 million | 1,800 |
| Rs 100 million to Rs 500 million | 6,000 |
| Rs 500 million to Rs 1 billion | 8,500 |
| Over Rs 1 billion | 15,000 |
Open your account and trade PMEX markets with clear, itemised pricing.