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

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

This review contains the latest information about finding the most professional online broker in Zambia.

If you're a new entrant into 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 thorough knowledge. You will get proficient skills at all of the concepts of broker as you continue trading. For starters, you have to choose the best broker in Zambia who will be clear with you always.

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

We currently have 21 Brokers that we think are the Top Brokers in Zambia

Who Are The Best Zambia Brokers?

This guide has been written to help you find a reputable Zambia broker. When searching for an experienced, professional broker in Zambia it can be quite confusing.  Below we detail what your trading options are in Zambia and what Zambia online trading platforms can do for you.

We currently have 21 Brokers in our database that we think are the Top Brokers in Zambia

CFI MarketsETX CapitalForexMartBinary MateInvast GlobalOptionWebBrightwin Securities And FinanceBinanceValutradesAdmiral MarketsNordFXXtradeAxiTraderETFinanceThink MarketseToroZerodhaBettermentFXCMAyrexCredit Financier Invest
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Minimum Deposit$100$100$1$1000$25000$200$250$100$0$200$1$1$0$215$250$200$0$0$1$250$500
Year Founded201220022015201319602012201020112008200120082003200720182010200620102008199920161817
HeadquartersCyprusUKCyprusMalaysiaAustraliaCyprusNew ZealandAustraliaUKUKMauritiusAustraliaAustraliaCyprusAustraliaCyprus, UKIndiaUSAUnited StatesCyprusLebanon
Regulated ByFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?r Finanzdienstleistungsaufsicht (BaFin)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC)Australian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)UnregulatedUnregulatedUnregulatedFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC), License No: 209/13Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeUnregulatedFinancial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)Swiss Financial Market Supervisory Authority (FINMA)
Risk WarningLosses can exceed depositsLosses 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 depositsLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsTrading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.Losses can exceed deposits75% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at risk
Withdrawal FeesNoNo5variablevariableNovariable$25 $350NoNovariable$100/10000JPYNoYesNovariablevariable$10variable
Inactivity FeesYesYesNoNoNoNoNoNoNoYesNoNo
Deposit Fees10010011000250002002501000200110215250200001250500
CFD FeesNoYesYes0.06%- 0.30%N/AYesYesYesNoNoNo0.08% per share charge per side
Accepts Credit CardsYesYesYesNoYesYesYesNo
Accepts PayPalNoNoNoNoNoNoYesNo
Accepts SkrillNoYesYesNoNoNoYesNo
Accepts PayoneerNoNoYesYesYesYesNo
Accepts NetellerYesYesYesYesYesYesYesNo

Online Share Trading In Zambia

Trading Assets in Zambia is highly regulated and considered very safe. But, be aware that any investment may go down as well as up, which means that 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 controlled broker so that you can learn the systems without the danger of losing cash.

Live Forex Trading In Zambia

Forex is the biggest 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 countries and the next management of the resulting position where one currency gains and the other loses.

It is simple to do Live Forex Trading in Zambia using professional online brokers

Live CFD Trading In Zambia

CFD trading is the buying and selling of contracts for difference via an online trading partner in Zambia. When you trade 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 Zambia

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

If you are looking at how to do spread betting in Zambia then it is an idea to start with a demo account with either XTM or 101Investing so that you can practice with virtual money before risking your own capital.

Trading Forex in Zambia

Internationally, Zambia is considered safe to do online trading and has access to other global financial centers. In Zambia, online trading platforms 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 any trader should know:

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

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

Whichever Online Trading Solutions in Zambia 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
  • Better quality charts
  • Capable of doing social trading
  • Timely online help or support

Challenges Of Using Online Trading Platforms in Zambia

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

Like many countries there are challenges in Zambia financial markets and overall the prospects are great. However, like in all global financial markets we recommend that any Online Trading Platforms in Zambia 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 Zambia.  We hope that by using this guide you will find a experienced broker that matches your needs.

Frequently Asked Questions About Trading Forex In Zambia

Is Forex Trading Legal In Zambia?

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

Trading in Forex is allowed in Zambia as for any company to trade internationally, foreign currency has to be exchanged. Any time you purchase something and it is sent from overseas, there'll be multiple money exchanges by multiple companies to get that item to you.

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

Do Forex Traders Pay Tax In Zambia?

Once a dealer is successful and their profits achieve a certain level then they can be taxed in Zambia as per the typical tax rules.

Tax returns must always be registered even if there's a loss. You should seek advice with a documented accountant in Zambia to make certain you're abiding by all current regional laws since it's very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Zambia?

Cryptocurrency markets in Zambia are rather new. As Cryptocurrencies work on decentralised resources in Zambia matters like interest rate fluctuations and political instability do not affect them as far as the money markets.

Cryptocurrencies are more popular with the younger generations and with increasing income amounts and technologies adoption, trading cryptocurrency in Zambia is rising day by day. It's still modest compared to the Forex markets but about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Zambia?

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

Some products such as agricultural are seeing exponential growth inZambia.

Fast growing markets like India have a significant need for many basic raw materials because of their population. It follows that states like Zambia can take advantage of this situation.