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

Top Namibia trading platforms
The Best Namibia Online Trading Platforms 2021

This guide to the top trading platforms in Namibia 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 a reputable online broker in Namibia.

If you're a new entrant into the realm of trading and broker, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get adept skills at all of the concepts of brokerage since you keep trading. For starters, you have to select the right agent in Namibia who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program is key to your success.

We currently have 19 Online Brokers from our research that we believe are the Professional Online Brokers in Namibia

Finding The Professional Namibia Online Brokers?

This review has been collated to help you find a professional Namibia broker. When looking for a good, professional broker in Namibia it can be quite confusing.  Below we detail what your trading platform are in Namibia and what Namibia online trading platforms can provide you.

A free trial for at least three weeks is a great way to assess the capabilities and reliability of any Namibia broker. Before making any ultimate decisions, you want to be able test the tradins platform's and software in real-time but with minimal risk. A demo account allows you to test the software and see how easy it is. A high-quality broker in Namibia should make it as simple 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 19 Trading Patforms in our database that we believe are the Top Brokers in Namibia

London Capital Group (LCG)multibank exchange groupGDMFXGKFXfxglobeageaforextimefbs incInvestors Intelligencelmfxrenesource capitalpro finance serviceDF Marketssogotradeifc marketslightspeedSkillingBulbrokersBOQ Trading
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Rating7.75/54.60/52.36/54.93/54.20/56.25/56.20/55.00/56.28/54.85/56.10/55.95/55.33/54.95/54.50/56.80/54.58/53.36/55.63/5
Minimum Deposit$100$250$100$20$250$250$250$250$1$250$250$250$1$250$250$250$100$100$200
Year Founded1996201520122010201220142011201819472016202120172010201620162014201620002014
HeadquartersUKCyprusAnguillaUKMaltaCyprusLebanonAustraliaLondonAnguillaUnited StatesGenevaUKUSACyprusUSACyprusBulgariaUnited States
Regulated ByFinancial Conduct Authority (FCA: 182110)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-F282UnregulatedFinancial 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-F243Financial 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-F221Financial 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-F230Financial 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-F225Financial 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-F271Financial 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-F300Financial 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-F296Financial 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-F307Financial 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-F259Financial 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-F269Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042Financial Services Authority (FSA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Clients10,000+10,000+10,000+10,000+10,000+250,000+200,000+10,000+10,000+10,000+10,000+150,000+10,000+1,000,000+60,000+142,500+5,000+10,000+10,000+
Risk Warning68% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskLosses can exceed depositsLosses can exceed depositsYour 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 riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investorLosses can exceed depositsYour capital is at risk
Withdrawal FeesNoNoNoYesYesNoNoNoNoNoYesYesNoYesNoYesNoNoNo
Inactivity FeesYesNoNoYesYesNoNoNoYesNoNoYesNoYesYesYesNoYesNo
Deposit Fees1002501002025025025025012502502501250250250100100200
CFD FeesNoYesYesYesNoYesYesNoYesNoYesYesNoNoYesNoNoYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoYesNoNoYesYesYesYesNoYesYesYesNoYesYesYesNoNoNo
Accepts SkrillYesYesNoNoYesYesYesYesNoYesYesYesNoYesYesYesNoNoNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesYesNoNoYesYesYesYesNoYesYesYesNoYesYesYesNoNoNo

Online Share Trading In Namibia

Trading Assets in Namibia 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're just starting out using online trading then it is advised to get a demo account first with a controlled broker so that you can find out the systems without the danger of losing cash.

Live Forex Trading In Namibia

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

Forex (Abbreviation of Foreign Exchange) is a money exchange between two distinct nations and the next management of the resulting position where one currency gains and the other loses.

It's easy to do Live Forex Trading in Namibia with professional online agents

Live CFD Trading In Namibia

CFD trading is the selling and buying of contracts for difference via an online trading partner in Namibia. 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 Namibia

Spread Betting in Namibia is possible using professional online trading platforms like eToro or IC Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Namibia online trading platforms will show the prices you have.

If you are looking at how to do spread betting in Namibia 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 Namibia

Internationally, Namibia is considered safe to do online trading and has access to other global financial centers. In Namibia, 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 most important things any trader should know:

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

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

Whichever Online Trading Brokers in Namibia you decide to use, ensure they have all of the following:

  • Easy to use platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Able to perform social trading
  • Quick online help or support

Challenges Of Trading in Namibia

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

Like many countries there are challenges in Namibia financial markets but overall the prospects are good. However, like in all global economic markets we recommend that any Online Trading Brokers in Namibia you decide to use, make sure you do your homework first before risking your money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Namibia.  We hope that by using this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Namibia

Is Forex Trading Legal In Namibia?

There is a growing misconception that trading Forex in Namibia is deemed unsafe. This isn't the case, Forex Currency trading in Namibia is quite active, safe and regulated.

Trading in Forex is permitted in Namibia as for any business to trade internationally, foreign currency must be exchanged. Whenever you buy something and it's sent from overseas, there will be numerous currency exchanges by multiple businesses to get that thing to you.

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

Do Forex Traders Pay Tax In Namibia?

After a trader is successful and their gains reach a particular level then they may be taxed in Namibia 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 Namibia to make certain you're abiding by all current local laws since it's very determined by your personal conditions.

Can You Trade Cryptocurrencies In Namibia?

Cryptocurrency markets in Namibia are quite new. As Cryptocurrencies work on decentralised resources in Namibia things like interest rate changes and political instability don't affect them as much as the fiat markets.

Cryptocurrencies are more popular with the younger generations as well as increasing income levels and technology adoption, trading cryptocurrency in Namibia is increasing day by day. It's still modest in comparison to the Forex markets but about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Namibia?

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

Some products like agricultural are seeing exponential growth inNamibia.

Fast growing economies like India have a big demand for many basic raw materials because of their inhabitants. It follows that states like Namibia can benefit from the situation.