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

Best Namibia brokers
Best Namibia Online Trading Platforms 2021

This guide to the reputable 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 the most professional trading patforms in Namibia.

If you are a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient skills at all the concepts of broker since you keep trading. For starters, you have to select the ideal broker in Namibia who will be transparent with you constantly.

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

We currently have 21 Brokers from our research that we think are the Reputable Trading Patforms in Namibia

Who’s The Top Namibia Online Brokers?

This review has been collated to help you find an experienced Namibia broker. When looking for a good, professional broker in Namibia it can be quite confusing.  Below we explain what your broker options are in Namibia and what Namibia brokers can do for you.

We currently have 21 Trading Patforms that we believe are the Top Brokers in Namibia

Forex EuroclubDeltastockTrade360SpreadCoChase BankArgonaut SecuritiesSkillingIngot BrokersBDSwissBridges Financial ServicesCIM BanqueEagleFXAlvexoVarengold BankTopForexInteractive BrokersExnessBeeOptionsGDMFXFinproAtiora
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Rating3/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/51/52/54/54/5
Minimum Deposit$100$100$1$100$100$1$100$1000$500$100$100$10$0$250$100$10000$1$0$100$0$10000
Year Founded200819982013200519752009201620041994201419952019199320082009197720082004201220081997
HeadquartersRussiaBulgariaCyprusLondonUnited StatesAustraliaCyprusAustraliaMauritiusAustraliaGenevaDominicaCyprusGermanyCyprusUnited StatesCyprusCyprusAnguillaGRENADINESAustralia
Regulated ByUnregulatedSecurities and Futures Commission (SFC)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042Australian Securities and Investment Commission (ASIC)UnregulatedUnregulatedFinancial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)UnregulatedAustralian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activitiesUnregulatedCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f?r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ? e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF)Cyprus Securities and Exchange Commission (CySEC)UnregulatedUnregulatedAustralian Securities and Investment Commission (ASIC)
Clients10,000+10,000+10,000+10,000+10,000+10,000+5,000+10,000+10,000+10,000+10,000+5,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+
Risk WarningYour capital is at riskLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour 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 riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at risk
Withdrawal FeesvariableYesNovariablevariable$10variableNovariablevariablevariablevariablevariablevariableYes10 USDYesvariablevariablevariablevariable
Inactivity FeesNoNoNoNoNoYesYesNoNo
Deposit Fees1001001100100110010005001001001002501001000010100010000
CFD FeesYesNoYesNoYesYes$10- $30No
Accepts Credit Cards
Accepts PayPal
Accepts Skrill
Accepts Payoneer
Accepts Neteller

Online Stock Trading In Namibia

Trading Assets in Namibia is highly controlled and considered quite safe. However, as always, that any investment can go down as well as up, so your capital is in danger.

If you're just starting out with online trading then it's advised to have a demo account first with a regulated 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 with a daily financial exchange turnover of more than $5 trillion (BIS data April 2016).

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

It is easy to do Live Forex Trading in Namibia with seasoned online trading platforms

Live CFD Trading In Namibia

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

Spread Betting in Namibia is possible using experienced online trading platforms like plus500 or IC Markets. It is a simple bet as to whether the price will go up or down.  Often, the Namibia online brokers will display the prices you have.

If you are looking at how to do spread betting in Namibia then it is advisable to start with a demo account with either XM or FP Markets so that you can practice with monopoly money before risking your own capital.

Trading Shares in Namibia

Globally, Namibia is considered safe to do online trading and has access to other global financial centers. In Namibia, online brokers are highly regulated, experienced and customer centric. 

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

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

The online platforms used by brokers in Namibia are extensively tested and highly rated.

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

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

Challenges Of Trading Online in Namibia

The US Dollar is considered the base currency globally so even a slight change in the US financial markets can affect the economic markets in Namibia. The EU is also a large market and changes there may affect the economic markets in Namibia.

Like many countries there are challenges in Namibia financial markets but overall the outlook is great. However, like in all global economic markets we recommend that any Online Trading Platforms in Namibia you decide to use, make sure you do your homework first before risking any real money. We have collected thousands 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 is not the case, Forex Currency trading in Namibia is quite active, regulated and safe.

Trading in Forex is allowed in Namibia as for any business to trade internationally, foreign currency has to be exchanged. Any time you buy something and it is sent from overseas, there will be multiple money exchanges by multiple businesses to get that item to you.

The important issue is that if trading Forex in Namibia you pick one of the top online agents.

Do Forex Traders Pay Tax In Namibia?

Once a dealer is successful and their profits achieve a particular level then they may be taxed in Namibia according to the standard taxation rules.

Tax returns should always be registered even if there's a reduction. You should seek advice with a documented accountant in Namibia to ensure you are abiding by all current local laws as it is very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Namibia?

Cryptocurrency markets in Namibia are rather new. As Cryptocurrencies work on decentralised resources in Namibia matters like interest rate fluctuations and political instability don't impact them as much as the currency markets.

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

Can You Trade Commodities In Namibia?

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

Some products like agricultural are seeing exponential growth inNamibia.

Fast growing markets like India have a significant need for many fundamental raw materials for their population. It follows that states like Namibia can take advantage of this circumstance.