SECP Identifies 2 Illegal Trading Platforms Falsely Using Arif Habib Ltd’s Name

The Securities and Exchange Commission of Pakistan (SECP) has identified two illegal online trading platforms, “Equitrix Investment Management LLC” and “ahlexchange.com”, luring the public with exaggerated returns on investments in listed companies’ shares. These entities have been falsely associating themselves with Arif Habib Limited, a licensed brokerage house. The warning is part of the SECP’s ongoing efforts to alert the public about fraudulent investment and trading schemes. Such platforms are commonly promoted through social media and WhatsApp groups by individuals misusing the names of licensed securities and commodities brokers. The SECP clarified that “Equitrix Investment Management LLC” and “ahlexchange.com” are neither licensed nor authorized to operate any investment or trading services. The regulator has reported both platforms to the relevant law enforcement agencies. The public has been advised to engage only with SECP-licensed securities and futures brokers, and to communicate through the official channels listed on their respective websites. Lists of licensed brokers are also available on the websites of the Pakistan Stock Exchange and the Pakistan Mercantile Exchange. The SECP urged investors to remain cautious, avoid fraudulent platforms, and verify the legitimacy of any investment service before making financial transactions or sharing personal information. The regulator strongly warned the public not to deposit or invest any funds with “Equitrix Investment Management LLC,” “ahlexchange.com,” or with any individuals or groups promoting similar illegal platforms.