First National Equities Limited was established back in February 1995 but got listed on Pakistan Stock Exchange Limited late in 2004. The main business of the company is brokerage and they met success after being acknowledged as Top Companies Award by Pakistan Stock Exchange Limited in 2006. The associated companies of First National Equities Limited include Switch Securities (Pvt.) Ltd., MCD Pakistan Limited, First Pakistan Securities Limited, and First Florance Developers (Pvt.) Ltd.