info@comparebrokers.org +44 207 994 644

2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Malawi

The best Malawi online trading platforms
The Best Malawi Online Brokers 2022

This guide to the reputable trading platforms in Malawi has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent information about finding a reputable trading patforms in Malawi.

If you are a new entrant in the realm of trading and brokerage, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll get adept skills at all the concepts of broker since you keep trading. For starters, you need to choose the top agent in Malawi who'll be clear with you constantly.

In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan is key to your success.

We currently have 17 Online Brokers from our research that we believe are the Top Online Brokers in Malawi

Who’s The Professional Malawi Online Brokers?

This guide has been designed to help you find an experienced Malawi broker. When searching for a good, reliable broker in Malawi it can be very confusing.  Below we show what your trading platform are in Malawi and what Malawi online trading platforms can offer you.

Getting a free trial of at least three weeks is one of the best ways to evaluate the quality and reliability of any Malawi broker. Before making any ultimate decisions, you have to be able test the broker's platform and software in real-time but with minimal risk. This will allow you to test the software and see how easy it is. A high-quality broker in Malawi should make it as easy as possible for you. They shouldn't have to do a lot research nor set up multiple accounts before they let you start trialling their tools.

We currently have 17 Online Brokers that we believe are the Top Trading Patforms in Malawi

BOQ TradingAdvanced Global MarketsquestradestockpileAyrexhsbc online share tradingCapital SV InvestmentsIntertraderCapital IndexBinary.comXtradetastyworksBlitzbrokersTwineForexMartmayzusUstocktrade
Find Out More
Rating5.63/54.62/54.50/56.25/52.47/53.15/53.98/56.28/55.71/52.11/53.10/54.75/54.36/52.63/56.86/56.30/56.41/5
Minimum Deposit$200$500$250$250$250$250$200$1$250$250$1$250$1$100$1$250$0
Year Founded20141992201920212016201319222009200420142003201419822008201520202008
HeadquartersUnited StatesCyprusNew ZealandUnited StatesCyprusUnited StatesCyprusGibraltarCyprusUnited StatesAustraliaBelizeHong KongUSACyprusDubaiUnited States
Regulated ByFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Cyprus 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-F298Financial 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-F312Cyprus 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-F256Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), FCA FRN 709693UnregulatedCyprus 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-F317Securities and Futures Commission (SFC)UnregulatedCyprus 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-F275Securities and Exchange Commission (SEC)
Clients10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+150,000+10,000+10,000+10,000+150,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour 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 depositsYour capital is at riskYour capital is at riskYour capital is at riskCFDs may not be appropriate for all individuals. You should not risk more than you are prepared to loseYour capital is at riskYour capital is at risk
Withdrawal FeesNoYesNoNoYesNoNoNoYesYesNoYesNoYesYesYesNo
Inactivity FeesNoNoNoYesNoNoYesNoNoYesNoNoNoYesNoNoNo
Deposit Fees20050025025025025020012502501250110012500
CFD FeesYesYesYesNoNoYesYesNoYesYesYesNoNoNoYesNoNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoYesYesNoYesNoNoNoNoYesNoNoNoYesNo
Accepts SkrillNoNoYesYesNoYesNoNoNoNoYesNoNoYesYesNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesNoYesYes
Accepts NetellerNoNoYesYesNoYesNoNoNoNoYesNoNoYesYesNo

Online Stock Trading In Malawi

Trading stocks and shares in Malawi is highly regulated and considered very safe. However, conscious that any investment can go down as well as up, so your capital is at risk.

If you are just starting out using online trading then it's suggested to have a demo account first with a controlled broker so you can find out the strategies without the danger of losing cash.

Live Forex Trading In Malawi

Forex is the liquid financial market in the world with a daily financial market turnover of over $5 trillion (BIS statistics April 2016).

Forex (short for Foreign Exchange) is a money exchange between two different nations and the next management of the consequent position where one currency gains and the other loses.

It's possible to do Live Forex Trading in Malawi using seasoned online trading platforms

Live CFD Trading In Malawi

CFD trading is the selling and buying of contracts for difference via an online trading platform in Malawi. When trading CFDs you are entering into an agreement 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 trading platforms like XM or 101Investing. It is a simple bet as to whether the price will go up or down.  Often, the Malawi online trading platforms will show 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 XM or 101Investing so that you can practice with fake currency before risking your own capital.

Trading Forex in Malawi

Internationally, 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 here we detail some of the important things a 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 apps used by brokers in Malawi are thoroughly tested and highly rated.

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

  • Easy to use platform
  • Access to a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Able to perform social trading
  • Timely online help or support

Challenges Of Trading in Malawi

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

Like all countries there are challenges in Malawi economic markets but overall the outlook is positive. However, like in all global economic markets we recommend that any Online Trading Brokers in Malawi you decide to use, make sure you do your due diligence first before risking your money. We have collected hundreds 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 experienced 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 isn't the situation, Forex trading in Malawi is very active, regulated and safe.

Trading in Forex is permitted in Malawi as for any company to trade internationally, foreign currency has to be exchanged. Any time you buy something and it is sent from overseas, there'll be multiple currency exchanges by multiple businesses to receive that item to you.

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

Do Forex Traders Pay Tax In Malawi?

Once a dealer is successful and their profits reach a particular level then they can be taxed in Malawi according to the typical tax rules.

Tax returns should 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 present regional laws as it's very dependent on your personal circumstances.

Can You Trade Cryptocurrencies In Malawi?

Cryptocurrency markets in Malawi are quite new. As Cryptocurrencies operate on decentralised resources in Malawi things like interest rate fluctuations and political instability do not impact them as far as the currency markets.

Cryptocurrencies are more popular with the younger generations and with increasing income amounts and technologies adoption, trading cryptocurrency in Malawi is rising day by day. It is still small in comparison to the Forex markets however about $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Malawi?

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

Some products like agricultural are seeing exponential growth inMalawi.

Fast growing economies like India have a big demand for many basic raw materials because of their population. This means that countries like Malawi can take advantage of this situation.