5 Best Forex Brokers in Zimbabwe
We’ve listed the 5 Best Forex Brokers in Zimbabwe that provide safe and reliable access to global forex markets. Forex trading in Zimbabwe 🇿🇼 is legal but not yet formally regulated under a specific financial authority. However, Zimbabwean traders can trade through internationally regulated brokers that comply with top-tier authorities. These brokers offer tight spreads, fast execution speeds, and USD-based or multi-currency accounts, along with multilingual customer support. Zimbabwean traders can access forex, stocks, indices, commodities, and cryptocurrencies under secure and transparent trading conditions, supported by robust global regulatory standards.
5 Best Forex Brokers in Zimbabwe (2026)
- JustMarkets – Overall, the Best Forex Broker in Zimbabwe
- Eightcap – Access to 1,000+ instruments, including crypto CFDs
- AvaTrade – Localized support and account options
- FXTM – Extensive educational resources for beginners
- FP Markets – Excellent for scalping and automated trading
Top 10 Forex Brokers (Globally)
1. JustMarkets
JustMarkets operates as a globally regulated Forex broker authorized by 🇸🇨 FSA, 🇨🇾 CySEC, 🇿🇦 FSCA, and 🇲🇺 FSC. While Zimbabwe does not yet have a dedicated Forex regulatory body, JustMarkets actively accepts Zimbabwean traders through its international entities, ensuring safe and transparent trading conditions.
| Feature | Details |
| Regulation | 🇸🇨 FSA 🇨🇾 CySEC 🇿🇦 FSCA 🇲🇺 FSC |
| Minimum Deposit | 10 USD |
| Spreads From | 0.0 pips |
| Leverage | Up to 1:1000 |
| Accounts | USD multi-currency |
| Programs | IB and Rebate |
| Trading Platforms | MT4 MT5 |
| Availability in Zimbabwe | Yes |
 | Minimum Deposit: $10 Regulated by: FSA, CySEC, FSCA, FSC Crypto: Yes |
Frequently Asked Questions
Can Zimbabwean traders register with JustMarkets?
Yes. JustMarkets welcomes traders from Zimbabwe through its internationally regulated branches. Zimbabweans can open USD accounts, enjoy tight spreads, and access multiple markets under globally recognized regulatory frameworks.
Is Forex trading with JustMarkets safe for Zimbabwean clients?
Yes. Although Zimbabwe has no local regulation, JustMarkets operates under strict oversight from authorities like 🇨🇾 CySEC and 🇿🇦 FSCA. It offers negative balance protection and segregated client funds for added security.
| Minimum Deposit: $10 Regulated by: FSA, CySEC, FSCA, FSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Low $10 minimum deposit | No local regulation in Zimbabwe |
| Tight spreads from 0.0 pips | Varying commission structure |
| High leverage up to 1:1000 | Limited educational content |
| Multi-currency account options | No proprietary platform |
| Offers bonuses and rebates | No local office presence |
Our Insights
JustMarkets provides Zimbabwean traders with strong global regulation, flexible account options, and low-cost trading. Its acceptance of Zimbabwe-based clients through licensed international entities makes it a practical and reliable choice for those entering global forex markets.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
2. Eightcap
Eightcap operates under top-tier licences such as 🇦🇺 ASIC and 🇬🇧 FCA and provides Zimbabwe residents with access to global Forex and CFD markets. The broker offers competitive spreads, major trading platforms, and a variety of instruments, making it an attractive choice for Zimbabwe traders seeking secure and reliable trading conditions.
| Feature | Details |
| Regulation | 🇦🇺 ASIC 🇬🇧 FCA |
| Minimum Deposit | 100 USD |
| Spreads From | 0.0 pips |
| Leverage | Up to 1:500 |
| Accounts | USD and multi-currency |
| Programs | IB and Rebate |
| Trading Platforms | MT4 MT5 TradingView |
| Availability in Zimbabwe | Yes |
 | Minimum Deposit: $100 Regulated by: ASIC, FCA, CySEC, SCB Crypto: Yes |
Frequently Asked Questions
Can traders in Zimbabwe open an account with Eightcap?
Yes, Eightcap accepts traders from Zimbabwe, allowing them to access Forex, CFDs, and cryptocurrencies. Zimbabwe clients can register and trade under the broker’s global regulatory framework.
What protections do Zimbabwe traders have with Eightcap?
Zimbabwe traders benefit from Eightcap’s licences with 🇦🇺 ASIC and 🇬🇧 FCA, which ensure strict compliance, segregated accounts, and fair trading practices while providing robust risk management and transparent operations.
| Minimum Deposit: $100 Regulated by: ASIC, FCA, CySEC, SCB Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Accepts Zimbabwe clients | Not all account types may be available locally |
| Strong regulation in top-tier jurisdictions | Advanced features may be complex for beginners |
| Wide variety of Forex, CFD, and crypto instruments | Market conditions vary; spreads can widen |
| Supports MT4, MT5, and TradingView | No local branch or physical office in Zimbabwe |
| Competitive spreads and trading tools | Customer support hours may differ for Zimbabwe clients |
Our Insights
Eightcap provides Zimbabwe traders with a fully regulated and reliable trading environment. With access to MT4, MT5, and TradingView, competitive spreads, and global regulatory oversight, it stands out as a strong option for both beginner and experienced traders in Zimbabwe.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
3. AvaTrade
AvaTrade holds multiple global licences, including 🇦🇺 ASIC and 🇿🇦 FSCA, and provides broad international client access. AvaTrade confirms that Zimbabwe residents can open accounts and trade Forex and CFDs, making it a practical choice for Zimbabwe‑based traders seeking reliable platforms and global regulatory oversight.
| Feature | Details |
| Regulation | 🇿🇦 FSCA, 🇦🇺 ASIC, other global licences |
| Minimum Deposit | 100 USD |
| Spreads From | From 0.9 pips |
| Leverage | Up to 400:1 |
| Accounts | USD, multi‑currency, demo available |
| Programs | IB and rebate options |
| Trading Platforms | MT4 MT5 AvaTradeGO |
| Availability in Zimbabwe | Yes |
 | Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Crypto: Yes |
Frequently Asked Questions
Is AvaTrade officially regulated for Zimbabwe‑resident traders?
AvaTrade is regulated by several entities worldwide, including 🇿🇦 FSCA. While it does not hold a licence specifically for Zimbabwe, its global licences provide strong regulatory compliance and investor protections.
Can a person living in Zimbabwe open and trade with AvaTrade?
Yes, Zimbabwe residents can open accounts and trade Forex and CFDs with AvaTrade. The broker supports multiple platforms and offers competitive trading conditions for global clients, including those in Zimbabwe.
| Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Accepts traders from Zimbabwe | No Zimbabwe-specific licence |
| Strong multi-jurisdiction regulation | Conditions vary by region |
| Wide asset range including Forex, CFDs, crypto | Minimum deposit may be high for some traders |
| Multiple trading platforms | Some support or funding options may be limited locally |
| Educational tools and risk-management features | Withdrawal logistics depend on Zimbabwe banking options |
Our Insights
AvaTrade provides Zimbabwe traders with access to a regulated, internationally recognised broker. It offers MT4, MT5, and AvaTradeGO platforms, a wide range of instruments, and reliable risk‑management tools, making it a strong choice for both beginner and experienced traders in Zimbabwe.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Top 3 Forex Brokers in Zimbabwe – Compared
| Broker |  |  |  |
| Regulation | 🇸🇨 FSA 🇨🇾 CySEC 🇿🇦 FSCA 🇲🇺 FSC | 🇦🇺 ASIC 🇬🇧 FCA 🇨🇾 CySEC 🇧🇸 SCB | 🇮🇪 CBI 🇻🇬 BVI 🇲🇺 FSC 🇦🇺 ASIC 🇿🇦 FSCA 🇯🇵 JFSA 🇯🇵 FFAJ |
| Minimum Deposit | 10 USD | 100 USD | 100 USD |
| Spreads From | 0.0 pips | 0.0 pips | 0.9 pips |
| Commissions | Varies | Yes | None |
| Swap Fees | Yes | Yes | Applicable |
| Leverage | Up to 1:1000 | Up to 1:500 | Up to 1:400 |
| Margin Requirements | Varies | Varies by instrument and account type | Varies by account type and instrument |
| Negative Balance Protection | Yes | Yes | Yes |
| Open an Account |  | | |
4. FXTM
FXTM operates under multiple strong licences, including 🇨🇾 CySEC, 🇬🇧 FCA, and 🇲🇺 FSC Mauritius. It also offers African clients local deposit and withdrawal options, which shows that Zimbabwe‑resident traders can open accounts and access Forex and CFD markets safely.
| Feature | Details |
| Regulation | 🇨🇾 CySEC 🇬🇧 FCA 🇲🇺 FSC Mauritius |
| Minimum Deposit | From 10 USD |
| Spreads From | Raw spreads from 0.0 pips in certain accounts |
| Leverage | Up to 1:2000 in select regions |
| Accounts | USD and multi‑currency, MT4/MT5 supported |
| Programs | IB and referral partner options |
| Trading Platforms | MT4 MT5 |
| Availability in Zimbabwe | Yes |
 | Minimum Deposit: $200 Regulated by: FCA, CMA, FSC, SCA Crypto: Yes |
Frequently Asked Questions
Is FXTM officially regulated for Zimbabwe‑resident traders?
FXTM holds regulation from major bodies such as 🇨🇾 CySEC, 🇬🇧 FCA, and 🇲🇺 FSC Mauritius, providing international protection to its clients. While it does not have a specific Zimbabwe licence, it operates under jurisdictions that accept global clients.
Can a person living in Zimbabwe open and trade with FXTM?
Yes, Zimbabwe residents can open accounts with FXTM under its global offering. The broker accepts Zimbabwe clients with minimum deposits starting from 10 USD and provides major trading platforms like MT4 and MT5.
| Minimum Deposit: $200 Regulated by: FCA, CMA, FSC, SCA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Accepts Zimbabwe‑resident traders | No local Zimbabwe regulatory licence |
| Strong regulation in credible jurisdictions | Deposit/withdrawal methods may vary by country |
| Very low minimum deposit from 10 USD | Withdrawal fees or inactivity fees may apply |
| Supports major platforms MT4 and MT5 | Some educational tools may not be region‑specific |
Our Insights
FXTM provides Zimbabwe traders with access to a globally regulated broker, multiple account types, and local payment methods suited for African users. Despite lacking a Zimbabwe‑specific licence, it accepts Zimbabwe residents and offers credible global regulation, making it a reliable option for trading.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5. FP Markets
FP Markets holds licences in major jurisdictions such as 🇦🇺 ASIC, 🇨🇾 CySEC, 🇿🇦 FSCA, 🇸🇨 FSA (Seychelles), and 🇻🇨 SVG FSA. It provides Zimbabwe residents with clear account access and supports trading Forex, CFDs, and more under globally recognised regulation.
| Feature | Details |
| Regulation | 🇦🇺 ASIC 🇨🇾 CySEC 🇿🇦 FSCA 🇸🇨 FSA |
| Minimum Deposit | 100 USD equivalent |
| Spreads From | From 0.0 pips (Raw) |
| Leverage | Up to 1:500 |
| Accounts | USD and multi‑currency, MT4/MT5 |
| Programs | IB and partner options |
| Trading Platforms | MT4 MT5 cTrader |
| Availability in Zimbabwe | Yes |
 | Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Frequently Asked Questions
Is FP Markets fully regulated for Zimbabwe‑based traders?
FP Markets does not hold a licence issued by a Zimbabwean regulator specifically. However, it operates under multiple global regulators, including 🇦🇺 ASIC, 🇨🇾 CySEC, and 🇿🇦 FSCA, covering its global client base, including Zimbabwe traders.
Can a trader living in Zimbabwe open an account with FP Markets?
Yes, Zimbabwe residents can open accounts with FP Markets and trade Forex, CFDs, and other instruments. The broker provides local onboarding and supports international platforms such as MT4, MT5, and cTrader.
| Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Accepts Zimbabwe‑resident traders | No local Zimbabwe regulatory licence |
| Highly regulated in several jurisdictions | Minimum deposit may be high for some users |
| Access to 10,000+ instruments including CFDs | Stock CFD fees may be above average |
| Supports major platforms MT4, MT5, cTrader | IRESS platform is only available in Australia |
| Raw spreads from 0.0 pips and strong execution | Withdrawal methods may vary in Zimbabwe |
Our Insights
FP Markets offers Zimbabwe‑resident traders a globally regulated environment with excellent platform variety, high leverage up to 1:500, and access to over 10,000 instruments. Its clear acceptance of Zimbabwe clients and strong international licences make it a reliable choice for both beginner and experienced traders.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms, and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
5 Best Forex Brokers in Zimbabwe – Head to Head
| USD-based accounts suitable for Zimbabwean traders | |  |
| Access to 1,000+ instruments including crypto CFDs | | |
| Fixed and floating spreads for flexible trading styles | | |
 | Extensive educational resources for beginners Trusted brand with strong African presence | | |
 | ECN pricing with ultra low spreads from 0.0 pips | | |
Forex Trading in Zimbabwe – Quick Overview
Forex trading in Zimbabwe 🇿🇼 is legal but not locally regulated under a specific authority. Traders access the global forex market through internationally licensed brokers regulated by entities like 🇬🇧 FCA, 🇦🇺 ASIC, and 🇨🇾 CySEC. Many Zimbabweans trade in USD-based accounts, using online platforms such as MT4 and MT5. Despite economic challenges and currency fluctuations, forex trading continues to grow as traders seek alternative income sources and exposure to global markets.
Pros and Cons of Forex Trading in Zimbabwe
| ✓ Pros | ✕ Cons |
| Access to global brokers | No local regulation |
| USD-based accounts available | Currency instability |
| Low trading costs | Risk of scams |
| 24/5 market access | Limited local education |
| Strong mobile trading options | Internet reliability issues |
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In Conclusion
Forex trading in Zimbabwe is expanding quickly, supported by international brokers offering secure and transparent access. While local regulation remains undeveloped, traders can still trade safely under strong global oversight. Success depends on using reputable brokers, sound risk management, and continuous learning.
Faq
Yes. Forex trading is legal, though not regulated by a local authority.
No, individuals do not need a license to trade online.
Most trade using USD accounts for stability.
Yes, many top-tier global brokers accept traders from Zimbabwe.
Popular platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
