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

Best Zimbabwe brokers
The Best Zimbabwe Brokers 2021

This guide to the professional online brokers in Zimbabwe has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the latest information about finding the top trading patforms in Zimbabwe.

If you are a new entrant in the realm of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll acquire adept skills at all of the concepts of brokerage since you keep trading. For starters, you need to choose the top agent in Zimbabwe who'll be clear with you always.

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

We currently have 17 Trading Patforms from our research that we think are the Professional Brokers in Zimbabwe

Finding The Top Zimbabwe Brokers?

This review has been written to help you find a reputable Zimbabwe broker. When searching for an experienced, professional broker in Zimbabwe it can be very confusing.  Below we detail what your trading platform are in Zimbabwe and what Zimbabwe brokers can do for you.

Getting a free trial of a minimum of 3 weeks is a good way to understand the capabilities and reliability of any Zimbabwe broker. Before making any ultimate decisions, you have to be able test the broker's platform and software in real-time but with little risk. This will allow you to experiment with the software and see how easy it is. A high-quality 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 trialling their tools.

We currently have 17 Trading Patforms in our database that we think are the Top Brokers in Zimbabwe

AyrexZacks Tradegrand capitalglobal primetradershomeAyondogcm forexTrade ZeroDegiroageaBrightwin Securities And FinanceVarengold BankWilsons Advisory And Stockbrokingtifia investmentsCity Credit CapitalUSAAm1 finance
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Rating2.47/53.81/56.55/54.80/54.50/53.21/54.00/55.73/54.53/56.25/51.21/52.78/52.28/54.85/54.61/54.53/54.25/5
Minimum Deposit$250$2500$250$250$250$1$250$500$0$250$250$250$100$250$500$25$250
Year Founded20162008201920182013200820172014193420142010200820082021200120082018
HeadquartersCyprusUnited StatesRussiaUnited KingdomRussiaLondonUSABahamasNetherlandsCyprusNew ZealandGermanyAustraliaUSAUKUnited StatesAustralia
Regulated ByCyprus Securities and Exchange Commission (CySEC)UnregulatedFinancial 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-F250Financial 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-F249Financial 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-F328Financial 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-F248Securities Commission of the Bahamas (SCB)Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)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-F221UnregulatedUnregulatedUnregulatedFinancial 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)Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)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-F273
Clients10,000+10,000+10,000+10,000+1,000,000+10,000+142,500+2,000+600,000+250,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk77.2% of retail investor accounts lose money when trading CFDs with this provider.Your 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 riskLosses can exceed depositsYour capital is at riskYour capital is at risk
Withdrawal FeesYesNoNoYesNoYesYesNoNoNoYesYesYesNoNoYesNo
Inactivity FeesNoNoNoNoNoYesNoNoNoNoNoNoYesNoYesNoNo
Deposit Fees25025002502502501250500025025025010025050025250
CFD FeesNoYesNoNoNoYesYesNoYesYesNoYesYesYesNoNoYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoYesYesYesNoYesNoNoYesNoNoNoYesNoNoYes
Accepts SkrillNoNoYesYesYesNoYesNoNoYesNoNoNoYesNoNoYes
Accepts PayoneerYesYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoNoYesYesYesNoYesNoNoYesNoNoNoYesNoNoYes

Online Share Trading In Zimbabwe

Trading investments in Zimbabwe is highly regulated and considered quite safe. But, conscious that any investment may go down as well as up, which means that your capital is at risk.

If you're just starting out using online trading then it's suggested to get a demo account first with a controlled agent so you can learn the strategies without the danger of losing money.

Live Forex Trading In Zimbabwe

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

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

It is simple to do Live Forex Trading in Zimbabwe using seasoned online brokers

Live CFD Trading In Zimbabwe

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

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

If you are looking at how to do spread betting in Zimbabwe then it is an idea to start with a demo account with either plus500 or FP Markets so that you can practice with fake currency before risking your own capital.

Trading Stocks in Zimbabwe

Globally, Zimbabwe is considered safe to do online trading and has access to other global financial centers. In Zimbabwe, online brokers are highly regulated, professional and supportive. 

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

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

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

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

  • User friendly platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Capable of doing social trading
  • Timely online help or support

Challenges Of Trading in Zimbabwe

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

Like all countries there are opportunities in Zimbabwe financial markets but overall the prospects are positive. However, like in all global financial markets we recommend that any Online Trading Brokers in Zimbabwe you decide to use, make sure you do your due diligence first before risking any real money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Zimbabwe.  We hope that by using 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 is a growing misconception that trading Forex in Zimbabwe is considered unsafe. This isn't the situation, Forex Currency trading in Zimbabwe is very 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 is sent from overseas, there will be multiple currency exchanges by multiple companies to get that thing to you.

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

Do Forex Traders Pay Tax In Zimbabwe?

After a trader is successful and their gains achieve a particular level then they can be taxed in Zimbabwe according to the typical tax rules.

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

Can You Trade Cryptocurrencies In Zimbabwe?

Cryptocurrency markets in Zimbabwe are quite 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 increasing income amounts and technologies adoption, trading cryptocurrency in Zimbabwe is rising day by day. It's still small in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Zimbabwe?

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

Some products like agricultural are seeing exponential growth inZimbabwe.

Fast growing economies like India have a big need for many basic raw materials for their population. It follows that states like Zimbabwe can take advantage of the situation.