As with most countries in Africa, forex trading has seen a significant increase in popularity across Zimbabwe over the past few years. Although forex trading is legal in Zimbabwe, it is considered a grey area and local residents are advised to trade with a broker who is authorized and regulated by the Securities and Exchange Commission of Zimbabwe (SECZ) – http://www.seczim.co.zw/
If you want to learn more about forex trading and how it works , click here to visit our Beginners Guide to Forex.
Featured Forex Brokers
Forex Regulation in Zimbabwe
The Securities and Exchange Commission of Zimbabwe (SECZ) is the regulatory body for all financial services and activities in Zimbabwe. It was established in 2008 with a sole purpose to monitor all security and derivatives exchange in the country. Nevertheless, it is not required to get authorization from the SECZ in order to offer financial services and forex trading to the residences of Zimbabwe.
Best Forex Brokers In Zimbabwe
Here is a breakdown of the best forex brokers to trade with in Zimbabwe:
- XM – Low trading Cost, Good for Beginners
- FP Markets – Best Execution , Great Platform
- GlobeX360 – Excellent all round offering, Many Bonus Promotions
- IQOption – Best Performance Overall
- Avatrade – Great Trading Platform
- Etoro – Best Copy Trading Platform
- Octafx – Great Customer Support
- OlympTrade – Best Mobile Trading App
Broker Comparison List In Zimbabwe
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.