Last Update: June 26th, 2024

 

The 6 Best Forex Brokers in Zimbabwe – Rated and Reviewed. We have listed the Best Forex Brokers who accept traders from Zimbabwe.

 

In this in-depth guide you will learn:

 

• The Best Forex Brokers in Zimbabwe – a List
• Is Online Forex Trading Legal in Zimbabwe?
• What is the Best Broker to Use for Zimbabweans?
• The Best Forex Trading App in Zimbabwe
• The Best Forex Brokers in ZI for Beginners and Foreigners
• Who are the Successful Forex Traders in Zimbabwe?
• Can I use Exness in Zimbabwe?

 

and much, MUCH more!

 

 

6 Best Forex Brokers in Zimbabwe – a Comparison

 

 

6 Best Forex Brokers in Zimbabwe (2024)

 

1. ☑️ Exness – Overall, the Best Forex Broker in Zimbabwe
2. ☑️ AvaTrade – Best Overall Trading Experience
3. ☑️ XTB – Best Mobile Trading Experience
4. ☑️ FBS – Low USD Minimum Deposit
5. ☑️ FP Markets – High User Trust Score
6. ☑️ CMC Markets – Best Online Trading Experience

 

 

Exness

Exness is a highly trusted and well-established Forex, CFD, and, Financial Services Provider. Regulations include FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and, the CMA. Exness has an ease of use rating of 5 out of 5. Account Types include Standard, Standard Cent, Raw Spread, Zero, and, Pro.

In addition Islamic, Swap-Free, and Demo Accounts are available. Exness supports MetaTrader 4, MetaTrader 5, Exness Terminal, and, anExness App.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Exness include access to powerful trading platforms and impressive customer support.

 

 

AvaTrade

AvaTrade is a licensed and established Forex and CFD Broker. It provides a full trading experience across various platforms and products. Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and JFSA. AvaTrade has an ease of use rating of 4 out of 5.

Accounts available are Retail and Promotional. Moreover, Islamic, Swap-Free, and Demo Options are available. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with AvaTrade include excellent educational resources and trusted customer support.

 

 

XTB

XTB is a popular and highly trusted Forex and CFD services provider that provides commission-free trading on genuine stocks and ETFs. Regulations include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. XTB has an ease-of-use rating of 5 out of 5.

Accounts available are Standard and Islamic, Swap-Free. Moreover, a Demo Account is available. XTB supports xStation 5 and xStation Mobile.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with XTB include access to in-depth market research, news updates, and various technical indicators.

 

 

FBS

FBS is a well-regulated and popular Forex and CFD Provider with a global reach. Regulations include IFSC, CySEC, ASIC, and, the FSCA. FBS has an ease-of-use rating of 4 out of 5. Accounts offered are Retail, Demo, and, Islami, Swap-Free.

FBS supports MetaTrader 4 and MetaTrader 5. Moreover, a Proprietary trading platform and Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with FBS include 24/7 Dedicated and multilingual customer support.

 

 

FP Markets

FP Markets is a highly regulated services provider governed by top-tier agencies such as the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).

Accounts available include Standard, Raw, Islamic Standard, and, Islamic Raw. In addition, a Demo Account is available. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with FP Markets include instructional tools, demo accounts, and user-friendly platforms.

 

 

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. CMC Markets has an ease-of-use-rating of 5 out of 5.

Accounts available include CFD, Spread Betting, and, Corporate. Moreover, a Demo Account is available. CMC Markets supports MT4 and Next Generation. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with CMC Markets include Occasional Bonus Offers and Promotions.

 

 

Is Forex Trading Legal in Zimbabwe?

Forex Trading in Zimbabwe is legal and well-regulated by the Securities and Exchange Commission (SEC) in Zimbabwe.

 

 

The Securities and Exchange Commission (SEC) in Zimbabwe

The SEC or The Securities and Exchange Commission of Zimbabwe is tasked with overseeing:

 

• Securities exchanges,
• Securities brokers and Dealers,
• Investment advisors, and,
• Mutual funds

 

in Zimbabwe.

 

 

The Most Successful Forex Traders in Zimbabwe

The Richest and most successful Forex Traders in Zimbabwe include Simz D’ Mandla, Ref Wayne, Jabulani Ngcobo, and, Tawanda Munyuki.

 

 

In Conclusion

Forex Trading in Zimbabwe is extremely popular amongst young professionals. Moreover, it is well-licensed and regulated by Zimbabwe’s Securities and Exchange Commission (SEC). In addition, several international brokers accept local traders.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept Zimbabwean Traders, we found 6 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.

 

You might also like:

 

• Exness Review
• AvaTrade Review
• XTB Review
• FBS Review
• FP Markets Review
• CMC Markets Review