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

The best Malawi trading platforms
Top Malawi Brokers 2021

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

This guide contains the most recent details about finding the best broker in Malawi.

If you're a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will acquire adept skills at all of the concepts of brokerage as you keep trading. For starters, you need to select the top broker in Malawi who will be clear with you always.

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 that we think are the Professional Online Brokers in Malawi

Who’s The Top Malawi Trading Patforms?

This review has been designed to help you find an experienced Malawi broker. When looking for a great, professional broker in Malawi it can be very confusing.  Below we detail what your trading options are in Malawi and what Malawi brokers can do for you.

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

Saxo MarketsAlpha Capital MarketsFX PrimusXGLOBAL MarketsYa-HiEightcapValbury CapitalIntertraderBlackwell Global investmentsAdamant FinanceBlackbull MarketsCaveoXM.comz.comOptionWebUniglobe MarketsCFI Markets
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Minimum Deposit$6500$0$100$500$100$100$15000$1$10000$100$200$0$5$50$200$10$100
Year Founded20121999200920082008201520082009200420082014201620092008201220082012
HeadquartersDenmarkUKCyprusCyprusSt. Vincent & the GrenadinesAustraliaUKGibraltarUnited StatesSaint Vincent and the GrenadinesNew ZealandvariableCyprusUKCyprusMarshall IslandsCyprus
Regulated ByFinancial Conduct Authority (FCA)UnregulatedCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)UnregulatedCyprus Securities and Exchange Commission (CySEC)Financial Services Providers Register (FSPR), FSPR number: FSP403326Financial Conduct Authority (FCA)International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)Cyprus Securities and Exchange Commission (CySEC)UnregulatedFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?r Finanzdienstleistungsaufsicht (BaFin)
Risk WarningLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour 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 riskLosses can exceed deposits
Withdrawal FeesNovariablevariable$0variableYesvariablevariablevariable$20variable0NovariableNovariableNo
Inactivity FeesNoNoNoNoNoYesNoYes
Deposit Fees6500010050010010015000110000100200055020010100
CFD FeesYesNoYesNoN/ANo
Accepts Credit CardsYesYesYesYes
Accepts PayPalNoNoNoNo
Accepts SkrillNoNoYesNo
Accepts PayoneerYesYesNoNo
Accepts NetellerYesNoYesYes

Online Share Trading In Malawi

Trading stocks and shares in Malawi is highly regulated and considered quite secure. However, be aware that any investment may go down as well as up, which means that your capital is at risk.

If you're just starting out using online trading then it is advised to get a demo account first with a controlled agent so that you are able to find out the strategies without the danger of losing cash.

Live Forex Trading In Malawi

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

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

It is easy to do Live Forex Trading in Malawi using seasoned online brokers

Live CFD Trading In Malawi

CFD trading is the selling and buying of contracts for difference via an online agent 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 plus500 or FP Markets. It is a simple bet as to whether the price will go up or down.  Often, the Malawi brokers will display the prices you have.

If you are looking at how to do spread betting in Malawi then it is a good idea to start with a demo account with either plus500 or FP Markets so that you can practice with monopoly currency before risking your own capital.

Trading Shares in Malawi

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

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 markets in Malawi are very mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Malawi.

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

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

  • User friendly platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Capable of doing social trading
  • Quick online help or support

Challenges Of Trading Online in Malawi

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

Like all countries there are opportunities in Malawi economic markets but overall the prospects are great. However, like in all global economic markets we recommend that any Online Trading Solutions in Malawi you decide to use, make sure you do your due diligence first before risking your money. We have collected thousands of datapoints and written this guide to help you find the Best Trading Platforms in Malawi.  We hope that by using 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 case, Forex Currency trading in Malawi is very active, safe and regulated.

Trading in Forex is allowed in Malawi as for any business to trade globally, foreign currency has to be exchanged. Any time you purchase something and it's shipped from abroad, there will be multiple currency exchanges by multiple companies to get that item to you.

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

Do Forex Traders Pay Tax In Malawi?

After a trader is successful and their gains achieve a certain level then they can be taxed in Malawi according to the standard taxation rules.

Tax returns must always be registered even if there's a loss. You should seek out advice with a documented accountant in Malawi to ensure you're abiding by all current local laws as it is very determined by your personal conditions.

Can You Trade Cryptocurrencies In Malawi?

Cryptocurrency markets in Malawi are rather new. As Cryptocurrencies operate on decentralised resources in Malawi things like interest rate changes and political instability don't impact them as much as the money markets.

Cryptocurrencies are more popular with the younger generations as well as increasing income levels and technology adoption, trading cryptocurrency in Malawi is rising day by day. It's still small compared to the Forex markets however around $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Malawi?

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

Some commodities like agricultural are seeing exponential growth inMalawi.

Fast growing markets like India have a big need for many basic raw materials because of their population. It follows that states like Malawi can benefit from this circumstance.