As with most countries in Africa, forex trading has seen a significant increase in popularity across Mozambique over the past few years. Although forex trading is not illegal in Mozambique, it is considered a grey area and local residents are advised to trade with a broker who is authorized by the Central Bank of Mozambique – http://www.bancomoc.mz/
If you want to learn more about forex trading and how it works , click here to visit our Beginners Guide to Forex.
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Forex Regulation in Mozambique
The Central Bank of Mozambique is the regulatory body for all financial services and activities in Mozambique. It was established in 1975. Nevertheless, it is not required to get authorization from the Central Bank of Mozambique, in order to offer financial services and forex trading to the residences of Mozambique.
Best Forex Brokers In Mozambique
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. We analyze more than 3000 data points across 8 key focus areas.
Our reviews are a combination of data research and working along side with the brokers. All information povided by the brokers are double checked to guarantee 100% accuracy and that we remain unbiased.