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Sherman Securities Review: Is It Legit and Regulated?

Sherman Securities (Private) Limited

PK Since 2002

FindMyFX score

critical risk

2.8/10

0 Score out of 10 10
Independent assessment Updated 2026-07-28

Contact & regulation

Official website
shermansecurities.com
Address
Not verified
Primary license
SECP · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Sherman Securities legit and regulated?

FindMyFX has license records for Sherman Securities, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Sherman Securities is a Pakistan-based securities broker founded in 2002. Its official website lists equity brokerage, online trading, research, and Money Market & FX services.

Professional broker overview

FindMyFX editorial summary

Sherman Securities (Private) Limited operates in Pakistan and publishes equity, online-trading, and Money Market & FX services. The website provides a Pakistan Stock Exchange TREC certificate and an SECP broker-licence document, but the reviewed SECP licence expired on 31 December 2023. Current FX pricing, leverage, and product mechanics were not established from the reviewed pages.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The latest SECP licence found expired in 2023; current FX terms remain unclear.

Operational status
unknown
Broker type
unknown
Execution model
Not verified
Support hours
Not verified
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Sherman Securities (Private) Limited

Primary
PK Registration not shown

Markets and instruments

Equities

unverified

Foreign exchange

unverified

Money market

unverified

Licenses and regulators

SECP

6/Securities Broker/2023

unverified

Last verified: Not shown

Type: Securities Broker
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

Published SECP broker licence has expired

medium · draft

The latest SECP broker-licence document located on the firm's website expired on 31 December 2023; no newer document was established in this review.

Score components

Regulation and licenses

2.5/10 · 35%

Official evidence reviewed.

Security and track record

2.5/10 · 20%

Track-record evidence is incomplete.

Trading conditions

2.5/10 · 15%

Conditions are partially documented.

Company transparency

5.0/10 · 10%

Core identity evidence reviewed.

Service quality

5.0/10 · 10%

No verified service dataset reviewed.

Verified user reviews

0.0/10 · 10%

No verified review dataset reviewed.

Profile update history

Broker profile was published.

2026-07-28

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.