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2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Zimbabwe

The best Zimbabwe online trading platforms
Top Zimbabwe Online Trading Platforms 2022

This guide to the best online brokers in Zimbabwe has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This review contains the latest details about finding the most professional online broker in Zimbabwe.

If you're a new entrant into the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get adept skills at all the concepts of broker since you continue trading. For starters, you need to select the best broker in Zimbabwe who will be transparent with you constantly.

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

We currently have 21 Brokers that we think are the Reputable Online Brokers in Zimbabwe

Finding The Professional Zimbabwe Trading Patforms?

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

A free trial for a minimum of 3 days is a great way to understand the capabilities and professionalism of any Zimbabwe 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. This allows you to test the software and see how easy it is. A top broker in Zimbabwe should make it as easy as possible for any trader. They shouldn't have to do extensive research nor set up multiple accounts before they let you start investing.

We currently have 21 Trading Patforms in our database that we think are the Reputable Brokers in Zimbabwe

easyMarketsspeedtraderHargreaves LansdownAlvexoCircle MarketsPhoenix MarketsGDMFXAscot Securitiesstockpilefx central clearingOptionWebtifia investmentstaylor collison limitedamarketsDarwinexgrinta investtegasfxAdvanced Global MarketsstforexFortradenpbfx
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Rating8.98/55.65/54.51/57.30/54.51/54.98/52.36/54.23/56.25/55.00/54.71/54.85/55.85/54.05/54.43/56.45/56.35/54.62/54.80/54.05/55.00/5
Minimum Deposit$100$250$200$500$100$500$100$25$250$250$200$250$250$250$500$250$250$500$250$1$250
Year Founded200320171981201420072013201219962021201520122021201520162012202020171992201919922020
HeadquartersCyprus, AustraliaNetherlandsUKCyprusNew ZealandCyprusAnguillaEstoniaUnited StatesPortugalCyprusUSACyprusUnited KingdomUKGrenadinesCyprusCyprusPortugalUKUnited Kingdom
Regulated ByCyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)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-F308Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030Financial Industry Regulatory Authority (FINRA)Cyprus Securities and Exchange Commission (CySEC)UnregulatedCyprus 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-F312Financial 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-F234Cyprus 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-F324Financial 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-F318Financial 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-F223Financial 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-F251Financial 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-F320Cyprus 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-F310Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20Financial 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-F287
Clients142,500+3,500,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+30,000+10,000+10,000+30,000+1,000,000+10,000+200,000+10,000+10,000+14,000+10,000+3,500,000+
Risk Warning73% of retail CFD accounts lose money with this provider.Your capital is at riskLosses can exceed depositsTrading Contracts for Difference (CFDs) involves a significant risk of loss that may not be suitable for all investors.Your 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 riskLosses can exceed depositsYour capital is at riskYour 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. 72% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at risk
Withdrawal FeesNoNoNoNoYesNoNoYesNoNoNoNoNoYesNoNoNoYesYesNoNo
Inactivity FeesNoNoNoNoNoNoNoYesYesYesNoNoNoNoNoNoNoNoNoNoYes
Deposit Fees100250200500100500100252502502002502502505002502505002501250
CFD FeesNoYesYesNoNoNoYesYesNoNoNoYesNoNoNoNoNoYesYesYesNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoYesNoYesNoNoNoNoYesYesNoYesYesYesNoYesYesNoYesYesYes
Accepts SkrillYesYesNoYesNoNoNoNoYesYesNoYesYesYesNoYesYesNoYesNoYes
Accepts PayoneerNoYesYesNoYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesYesNoNoNoNoNoNoYesYesNoYesYesYesNoYesYesNoYesYesYes

Online Stock Trading In Zimbabwe

Trading Assets in Zimbabwe is highly controlled and considered quite safe. But, as always, that any investment can go down as well as up, which means that your capital is in danger.

If you are just starting out using online trading then it's advised to have a demo account with a controlled agent so that you are able to learn the systems without the danger of losing money.

Live Forex Trading In Zimbabwe

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 currency exchange between two different countries and the next management of the consequent position in which one currency gains and the other loses.

It is simple to do Live Forex Trading in Zimbabwe with professional online agents

Live CFD Trading In Zimbabwe

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

Spread Betting in Zimbabwe is possible using experienced online brokers like XM or 101Investing. It is a simple bet as to whether the price will go up or down.  Usually, the Zimbabwe brokers will show the prices you have.

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

Trading Shares in Zimbabwe

Internationally, Zimbabwe is considered safe to do online trading and has access to other global financial centers. In Zimbabwe, online trading platforms are highly regulated, experienced and supportive. 

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

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

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

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

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

Challenges Of Trading Online in Zimbabwe

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

Like many countries there are opportunities in Zimbabwe economic markets but overall the prospects are positive. However, like in all global economic markets we recommend that any Online Trading Solutions in Zimbabwe 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 Zimbabwe.  We hope that by reading this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Zimbabwe

Is Forex Trading Legal In Zimbabwe?

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

Trading in Forex is allowed in Zimbabwe as for any company to trade internationally, foreign currency has to be exchanged. Whenever you purchase something and it's sent from abroad, there will be numerous currency exchanges by multiple businesses to get that thing to you.

The important issue is that when trading Forex in Zimbabwe you select one of the best online agents.

Do Forex Traders Pay Tax In Zimbabwe?

After a dealer is successful and their profits achieve a certain level then they may be taxed in Zimbabwe according to the standard taxation rules.

Tax returns should always be filed even if there is a reduction. You should seek advice with a documented accountant in Zimbabwe to make certain you're abiding by all current local laws as it is very dependent on your personal conditions.

Can You Trade Cryptocurrencies In Zimbabwe?

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

Cryptocurrencies are more popular with the centuries as well as growing income amounts and technology adoption, trading cryptocurrency in Zimbabwe is increasing day by day. It's still small in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Zimbabwe?

Commodity trading in Zimbabwe involves trading in matters like precious metals, energies and agricultural commodities.

Some products such as agricultural are seeing exponential growth inZimbabwe.

Fast growing economies like India have a significant demand for many basic raw materials for their inhabitants. This means that states like Zimbabwe can benefit from this situation.