SECP Warns Against Illegal Trading App Misusing Brokerage Names, Celebrity Images Skip to content ProPrice The Securities and Exchange Commission of Pakistan (SECP) has identified unauthorized individuals and groups fraudulently promoting illegal investment and trading platforms through social media and WhatsApp groups. These entities are misusing the names of licensed securities brokers, as well as images of celebrities, FinFluencers, and brokerage executives. The SECP has identified a mobile/web application titled “TSLWEA/TSL WEALTH” that is impersonating the licensed securities broker Topline Securities Limited. Additionally, a WhatsApp group named “A103-Topline Stock Strategies Hub” is falsely associating the “TSLWEA/TSL WEALTH” application and an AI-based trading system with Topline Securities Limited. The public is hereby informed that “TSLWEA/TSL WEALTH” is neither licensed nor authorized by the SECP to operate any investment or trading platform for the Pakistan Stock Exchange Limited (PSX) or any other regulated market. For safe and legitimate trading, the SECP advises the public to engage only with SECP-licensed securities and futures brokers. A list of licensed brokers is available on the official websites of the PSX and PMEX.
Published: November 21, 2025 3:10 pm
Source: ProPakistani — Read original