Best Forex Brokers To Trade With in Zimbabwe for 2020

Top Brokers

Forex Trading In Zimbabwe

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

We decided to do all the hard work for you and guide you through the all the noise of the financial betting market. Our team of expert analysts, has created a unique collection of forex broker reviews, based on various criteria and data points for you to choose from.

Markets.com

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FPMarkets

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Veracity Markets

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CMTrading

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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.

However, it is advised to choose a regulated broker with a Tier 1 license like Cysec, FCA, FSCA or ASIC to make sure your funds are protected.

Top Brokers

Best Forex Brokers In Zimbabwe

Here is a breakdown of the best forex brokers to trade with in Zimbabwe:

  • XMLow trading Cost, Good for Beginners
  • FP Markets – Best Execution , Great Platform
  • GlobeX360Excellent all round offering, Many Bonus Promotions
  • IQOptionBest Performance Overall
  • AvatradeGreat Trading Platform
  • Etoro – Best Copy Trading Platform
  • Octafx – Great Customer Support
  • OlympTrade – Best Mobile Trading App

Broker Comparison List In Zimbabwe

Methodology

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.

Read more about our methodology and how we do our tests and reviews here.