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

Top Zambia online trading platforms
Best Zambia Online Brokers 2021

This guide to the best brokers 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 details about finding the best broker in Zambia.

If you are 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 assessing skills and comprehensive understanding. You will acquire adept skills at all of the concepts of brokerage since you keep trading. For starters, you have to select the ideal broker in Zambia who will be transparent with you always.

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

We currently have 18 Online Brokers in our database that we think are the Best Brokers in Zambia

Who’s The Best Zambia Trading Patforms?

This review has been designed to help you find an experienced Zambia broker. When looking for a good, professional broker in Zambia it can be very confusing.  Below we show what your trading platform are in Zambia and what Zambia online trading platforms can provide you.

Getting a free trial for at least three days is one of the best ways to evaluate the capabilities and professionalism of any Zambia trading broker firm. Before making any ultimate decisions, you want to be able test the tradins platform's and software in real-time but with minimal risk. This allows you to experiment with the software and see how comfortable you are with its tools. A reuptable broker in Zambia should make it as easy as possible for any trader. They shouldn't have to do a lot research nor set up multiple accounts before they let you start investing.

We currently have 18 Trading Patforms that we believe are the Reputable Trading Patforms in Zambia

NabtradeVTB 24 Bankinvest azNutmegfx privateAscot Securitiesmorgans financial limitedBrightwin Securities And FinanceBell Potter SecuritiesXTBlmfxMarkets.comCharter Primepro finance serviceeOptionBlackbull MarketsVarengold BankFreshForex
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Rating4.18/52.86/54.85/54.56/54.75/54.23/55.00/51.21/56.93/57.27/54.85/55.89/55.92/55.95/52.46/55.43/52.78/57.85/5
Minimum Deposit$100$100$250$0$250$25$250$250$5$0$250$250$200$250$500$200$250$1
Year Founded200820082018200820201996201320102015200220162008201220172008201420082004
HeadquartersUSARussiaUnited KingdomUSAUSAEstoniaCyprusNew ZealandAustrailiaPolandAnguillaCyprusAustraliaGenevaUSANew ZealandGermanyRussia
Regulated ByUnregulatedUnregulatedFinancial 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-F261UnregulatedFinancial 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-F239Cyprus 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-F280UnregulatedAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??????n Nacional del Mercado de Valores, Komisja Nadzoru FinansowegoFinancial 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-F271Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Financial 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-F296UnregulatedFinancial Services Providers Register (FSPR), FSPR number: FSP403326UnregulatedSVGFSA 20623 IBC 2012
Clients10,000+10,000+10,000+10,000+12,000,000+10,000+60,000+10,000+10,000+250,000+10,000+10,000+10,000+150,000+10,000+10,000+10,000+710,000+
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 riskYour capital is at riskYour capital is at risk79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Your capital is at risk84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Your capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskMargin trading involves high risk and can lead to significant financial losses. Before deciding to trade, ensure you fully understand all possible risks, a level of your experience and knowledge in the financial field.
Withdrawal FeesNoNoNoNoYesYesNoYesNoYesNoNoNoYesYesYesYesNo
Inactivity FeesNoNoYesYesNoYesNoNoYesNoNoNoNoYesNoNoNoNo
Deposit Fees100100250025025250250502502502002505002002501
CFD FeesNoNoNoNoNoYesYesNoNoYesNoNoYesYesNoYesYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoYesNoYesNoYesNoNoYesYesYesNoYesNoNoNoNo
Accepts SkrillNoNoYesNoYesNoYesNoNoYesYesNoNoYesNoYesNoYes
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoYesYes
Accepts NetellerNoNoYesNoYesNoYesNoNoYesYesNoNoYesNoYesNoYes

Online Stock Trading In Zambia

Trading investments in Zambia is highly controlled and considered very secure. However, be aware 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 is suggested to get a demo account first with a regulated broker so that you can learn the strategies without the danger of losing money.

Live Forex Trading In Zambia

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

Forex (Abbreviation of Foreign Exchange) is a money exchange between two distinct countries and the next management of the consequent position in which one currency gains and the other loses.

It is easy to do Live Forex Trading in Zambia with experienced online brokers

Live CFD Trading In Zambia

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

Spread Betting in Zambia is possible using trusted online brokers like plus500 or FP Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Zambia online brokers will display 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 XM or IC Markets so that you can practice with virtual currency before risking your own capital.

Trading Stocks in Zambia

Globally, 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 most important things a trader should know:

The financial markets in Zambia are very mature and are seen are 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 below:

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

Challenges Of Trading in Zambia

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

Like all countries there are challenges in Zambia economic markets but overall the prospects are positive. However, like in all global economic markets we recommend that any Online Trading Brokers in Zambia you decide to use, make sure you do your homework first before risking your money. We have collected hundreds 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 is a growing misconception that trading Forex in Zambia is deemed unsafe. This is not the situation, Forex trading in Zambia is quite active, regulated and safe.

Trading in Forex is permitted in Zambia as for any business to trade internationally, foreign currency must be exchanged. Any time you buy something and it's sent from overseas, there'll be multiple money exchanges by multiple companies to receive that thing to you.

The important issue is that if trading Forex in Zambia you select one of the best online brokers.

Do Forex Traders Pay Tax In Zambia?

Once a dealer is successful and their gains reach a particular level then they can be taxed in Zambia as per 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 Zambia to make certain you're abiding with current regional laws since it is very determined by your personal conditions.

Can You Trade Cryptocurrencies In Zambia?

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

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

Can You Trade Commodities In Zambia?

Commodity 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 economies like India have a big need for many fundamental raw materials because of their population. It follows that states like Zambia can take advantage of this situation.