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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Malawi

Best Malawi trading platforms
Top Malawi Online Trading Platforms 2021

This guide to the reputable trading platforms in Malawi has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This review contains the most recent details about finding the top broker in Malawi.

If you are a new entrant into the realm of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will get proficient skills at all the concepts of broker as you keep trading. For starters, you need to select the right agent in Malawi who will be transparent with you constantly.

In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program is key to your success.

We currently have 22 Trading Patforms that we think are the Reputable Brokers in Malawi

Who’s The Reputable Malawi Trading Patforms?

This guide has been designed to help you find a professional Malawi broker. When looking for a good, reliable broker in Malawi it can be quite confusing.  Below we explain what your broker options are in Malawi and what Malawi brokers can offer you.

Getting a free trial for a minimum of 3 weeks is a good way to assess the capabilities and professionalism of any Malawi broker. Before making any ultimate decisions, you want to be able test the broker's platform and software in real-time but with little risk. This will allow you to experiment with the software and see how easy it is. A reuptable broker in Malawi should make it as simple as possible for you. They shouldn't have to do extensive research nor set up multiple accounts before they let you start trialling their tools.

We currently have 22 Brokers that we think are the Professional Online Brokers in Malawi

phillip capital limitedCharter Primefx choiceCMC MarketsEtradepatersons securities limitedInvestors IntelligenceCore SpreadsVanguard InvestmentsATFXorient financial brokersDeltastockfreetradeWestpacGKFXThinkMarketsselftradetradershomeCapital IndexstockpileZacks TradeDIF Broker
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Rating4.70/55.92/55.05/55.88/54.51/57.00/56.28/54.93/54.76/54.23/55.85/54.28/59.30/56.08/54.93/58.30/54.55/54.50/55.71/56.25/53.81/55.41/5
Minimum Deposit$250$200$250$200$100$250$1$1$0$100$250$100$0$50$20$250$250$250$250$250$2500$500
Year Founded2016201220161989201220151947201420082014201419982016200820102010201320132004202120081996
HeadquartersBulgariaAustraliaAustraliaUKUnited StatesUnited StatesLondonLondonUnited StatesCyprusUnited StatesBulgariaUnited KingdomAustrailiaUKAustraliaAustraliaRussiaCyprusUnited StatesUnited StatesPortugal
Regulated ByFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F295Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F235Financial Conduct Authority (FCA)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)AFS Licence 234666Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)Office of the Comptroller of the CurrencyCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F293Securities and Futures Commission (SFC)Financial Conduct Authority. Registered in England and Wales (no. 09797821)Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Financial Conduct Authority (FCA)the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F328Financial Conduct Authority (FCA), FCA FRN 709693Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F312UnregulatedFinancial Conduct Authority (FCA)
Clients10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+200,000+10,000+890,000+10,000+10,000+500,000+14,000,000+1,000,000+10,000+10,000+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsThe value of investments can go up as well as down and you may receive back less than your original investment.Your capital is at riskLosses can exceed deposits71.89% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesYesNoNoYesNoNoNoNoYesNoNoYesNoNoYesNoYesNoYesNoNoYes
Inactivity FeesYesNoYesYesNoNoYesNoYesNoNoYesNoNoYesNoNoNoNoYesNoNo
Deposit Fees250200250200100250110100250100050202502502502502502500500
CFD FeesNoYesNoNoNoNoYesNoNoNoNoYesNoNoYesNoYesNoYesNoYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalYesNoYesNoNoYesNoNoNoNoYesNoYesNoNoYesYesYesNoYesNoNo
Accepts SkrillYesNoYesNoNoYesNoNoNoNoYesNoYesNoNoYesYesYesNoYesNoNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesNoYesNoNoYesNoNoNoNoYesNoYesNoNoYesYesYesNoYesNoNo

Online Share Trading In Malawi

Trading stocks and shares in Malawi is highly controlled and considered quite secure. However, be aware that any investment may go down as well as up, so your capital is in danger.

If you're just starting out using online trading then it is advised to get a demo account first with a regulated agent so that you can learn the systems without the danger of losing money.

Live Forex Trading In Malawi

Forex is the liquid financial market in the world using a daily monetary exchange turnover of more than $5 trillion (BIS data April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange between two distinct countries and the following management of the resulting position in which one currency gains and the other loses.

It is easy to do Live Forex Trading in Malawi using professional online agents

Live CFD Trading In Malawi

CFD trading is the selling and buying of contracts for difference via an online provider in Malawi. When you trade CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Malawi

Spread Betting in Malawi is possible using experienced online brokers like eToro or 101Investing. It is a simple bet as to whether the price will go up or down.  Normally, the Malawi brokers will display the prices you have.

If you are looking at how to do spread betting in Malawi then it is suggested to start with a demo account with either eToro or 101Investing so that you can practice with monopoly currency before risking your own capital.

Trading Stocks in Malawi

Globally, Malawi is considered safe to do online trading and has access to other global financial centers. In Malawi, online brokers are highly regulated, professional and supportive. 

However, it is always important to be as informed as possible so below are some of the important things any trader should know:

The financial industry in Malawi are professional and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Malawi.

The online trading solutions used by brokers in Malawi are thoroughly tested and highly rated & secure.

Whichever Online Trading Solutions in Malawi you decide to use, make sure they have all of the following:

  • Easy to use platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Capable of doing social trading
  • Fast online help or support

Challenges Of Trading Online in Malawi

The US Dollar is considered the base currency globally so even a small change in the US financial markets could affect the economic markets in Malawi. The EU is also a large market and changes there could affect the financial markets in Malawi.

Like many countries there are challenges in Malawi financial markets and overall the outlook is good. However, like in all global economic markets we recommend that any Online Trading Platforms in Malawi you decide to use, make sure you do your due diligence first before risking any real money. We have collated thousands of datapoints and written this guide to help you find the Best Trading Platforms in Malawi.  We hope that by reading this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Malawi

Is Forex Trading Legal In Malawi?

There's a growing misconception that trading Forex in Malawi is considered unsafe. This is not the situation, Forex trading in Malawi is quite active, regulated and safe.

Trading in Forex is allowed in Malawi as for any company to trade internationally, foreign currency must be exchanged. Whenever you buy something and it's shipped from overseas, there will be numerous currency exchanges by multiple companies to get that thing to you.

The main thing is that if trading Forex in Malawi you select one of the best online brokers.

Do Forex Traders Pay Tax In Malawi?

After a dealer is successful and their profits achieve a particular level then they can be taxed in Malawi according to the standard tax rules.

Tax returns must always be registered even if there is a loss. You should seek out advice with a documented accountant in Malawi to ensure you are abiding with current local laws as it is extremely dependent on your personal circumstances.

Can You Trade Cryptocurrencies In Malawi?

Cryptocurrency markets in Malawi are quite new. As Cryptocurrencies work on decentralised resources in Malawi matters like interest rate changes and political instability don't impact them as far as the fiat markets.

Cryptocurrencies are more popular with the centuries and with increasing income levels and technologies adoption, trading cryptocurrency in Malawi is rising day by day. It is still modest in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Malawi?

Commodities trading in Malawi involves trading in things like precious metals, energies and agricultural commodities.

Some commodities like agricultural are seeing exponential growth inMalawi.

Fast growing economies like India have a significant need for many fundamental raw materials because of their population. This means that countries like Malawi can benefit from the situation.