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4 Best Forex Brokers in Mozambique

Last Update: June 26th, 2024

Forex Brokers Mozambique

 

The 4 Best Forex Brokers in Mozambique – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Mozambique.

 

In this in-depth guide, you will learn:

and much, MUCH more!

 

6 Best Forex Brokers in Mozambique

 

4 Best Forex Brokers in Mozambique – a Comparison

🔎 Broker🚀Open an Account🤝 Accepts Mozambican Traders💶 Min. Deposit (MZN)
🥇 AvaTrade👉 Click Here✅Yes6350,00
🥈 Exness👉 Click Here✅Yes635,00
🥉 CMC Markets👉 Click Here✅YesNone
🏅 FP Markets👉 Click Here✅Yes4215,00

 

4 Best Forex Brokers in Mozambique (2024)

  1. ☑️ AvaTrade – Overall, the Best Forex Broker in Mozambique
  2. ☑️ Exness – Best Overall Trading Experience
  3. ☑️ CMC Markets – Best Mobile Trading Experience
  4. ☑️ FP Markets – Best Online Trading Experience

 

AvaTrade Review New

 

AvaTrade

AvaTrade is amongst the highest regulated and trusted Brokers in Africa. Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and JFSA. In addition, notable Factors, Features, and Benefits to consider include:

  • Access to over 1260 Trading Instruments
  • 0.6 Pips on the Pro Account
  • Islamic and Demo Accounts
  • Access to a Referal Bonus
  • Occasional Bonus offers and Promotions
  • Leverage of up to 1:400 on the Pro Account
  • 100 USD Minimum deposit

Trading Instruments include Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indicators, Exchange-Traded Funds (ETFs), Options, Precious Metals, and CFDs. Moreover, Scaling and Hedging are offered. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and ZuluTrade.

🔎 Broker🥇 AvaTrade
💴 Minimum Deposit100 USD
🖱️ Account TypesRetail, Islamic, Professional
🪙 Base CurrenciesZAR, USD, GBP, AUD
5️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes, referral bonus
⏰ Support Hours24/5
💵 Currency Pairs51; Major, Minor, Exotic Pairs
🤝 Affiliate Program✅ Yes
🚀 Open an Account
👉 Click Here

 

AvaTrade Overview

 

Pros and Cons

✅ Pros❌ Cons
Over 1,260 instrumentsInactivity fees on dormant accounts
Fixed spreads from 0.6 pips on the Pro AccountThe demo account is available for 21 days
Islamic AccountDeposit and withdrawal options are limited
There is a free demo account availableLeverage is capped at 1:30 for retail accounts

 

Our Insights

The benefits of trading with AvaTrade include access to multiple trusted deposit options, excellent educational resources, and, trusted customer support.

 

Exness Review

 

Exness

Exness is a well-regulated comprehensive Forex and CFD Brokerage. Regulations include FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and, the CMA. In addition, notable Factors, Features, and Benefits to consider include:

  • Standard and Standard Cent Accounts
  • Raw Spread, Zero, and, Pro Accounts
  • Islamic, Swap-Free, and Demo Options
  • Access to an Affiliate Option
  • Scalping and Hedging are Offered
  • Unlimited Leverage

Trading Instruments include Forex, Commodities, Stocks, Indices, and, Cryptocurrencies. Exness supports MetaTrader 4, MetaTrader 5, and, Exness Terminal. Moreover, an Exness mobile App is available.

🔎 Broker🥇 Exness
💴 Minimum Deposit10 USD
📈 SpreadsFrom 0.0 pips EUR
📉 LeverageUnlimited
🪙 Currency Pairs100+
🤝 Affiliate Program✅Yes
🚀 Open an Account
👉 Click Here

 

Exness

 

Pros and Cons

✅ Pros❌ Cons
Flexible trading accountsDemo account is only valid for 21 days
Well-regulated + Comprehensive fund protectionLimited product portfolio
Powerful trading platformsCountry Restrictions

 

Our Insights

The benefits of trading with Exness include access to powerful trading platforms and comprehensive fund protection.

 

CMC Markets Review

 

CMC Markets

CMC Markets is a well-established Forex and CFD Broker with a robust regulatory framework. Regulations include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. In addition, notable Factors, Features, and Benefits to consider include:

  • Occasional Bonus offers and Promotions
  • 24/5 Customer Support
  • Spreads from 0.3 Pips
  • Leverage of up to 1:30
  • Over 330 Currency Pairs, including Major, Minor, and Exotic Pairs
  • 10 Base Currencies, including GBP, EUR, and, USD
  • Scalping and Hedging are offered

Trading Instruments include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs. CMC Markets support MetaTrader 4 and Next Generation. In addition, a Proprietary Mobile App is available.

🔎 Broker🥇 CMC Markets
💴 Minimum Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

The benefits of trading with CMC Markets include access to trusted multilingual customer support.

 

FP Markets

 

FP Markets

FP Markets is a popular Forex and CFD Broker with tight spreads and Low Forex Fees. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. In addition, notable Factors, Features, and Benefits to consider include:

  • Standard, Raw, Islamic Standard, Islamic Raw Accounts
  • Multiple Base Currencies, including AUD, CAD, and CHF
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Scalping and Hedging are Offered

Trading instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and Bonds. FP Markets supports MetaTrader 4, MetaTrader 5, IRESS, and cTrader. In addition, an FP Markets Mobile App is available.

 

FP Markets

 

Pros and Cons

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight Spreads Withdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The benefits of trading FP Markets include 24/7 Dedicated Customer Support.

 

Forex in Mozambique

 

Is Forex Trading Legal in Mozambique?

Forex Trading in Mozambique is Legal and regulated by the Local Bank.

 

Is Forex Trading Legal in Mozambique?

 

In Conclusion

The popularity of Forex Trading in Mozambique has seen a notable rise. Moreover, it is legal and regulated by the local bank. In addition, multiple international brokers accept Mozambican Traders.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Mozambican Traders, we found 4 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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FAQs

Forex Trading in Mozambique is Legal and regulated by the Local Bank.

The Local Bank of Mozambique

Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and, the JFSA.

Exness offers Unlimited Leverage.

Scalping and Hedging are provided.

FP Markets offers 24/7 Customer Support.

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