ASIC, CySEC, DFSA +2 more
The best Zimbabwe Forex brokers
Forex trading dey flourish for Zimbabwe as e dey legal. With a total nominal GDP of 29.9 billion dollars and a per capita GDP of 1,800 USD, the country dey show interest for FX trading because e fit na additional source of income due to the low per capita GDP.
Reserve Bank of Zimbabwe (RBZ), wey be the central bank of the country, dey responsible for supervising the financial industry, including banks and brokers, for inside the country.
Based on this, we compile one detailed list wey rank the best Forex brokers wey dey available for Zimbabwe.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.28
8.10
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
7.92
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
7.74
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSA St. V, FSCA
Platforms
MT4, MT5
Although Zimbabwe dey charge 20% capital gains tax, e still dey uncertain whether e apply to retail Forex traders, especially those wey dey target companies wey dey sell listed shares.
The maximum leverage levels for retail Forex traders no dey strict according to Reserve Bank of Zimbabwe (RBZ), so e dey fit lead to overtrading. Because of that, trusted Forex brokers for Zimbabwe dey seek regulation from both RBZ and other global regulatory bodies wey dey recognized outside the country.
RBZ no still define compensation parameters for eligible investors if their broker go insolvent, so that matter still dey unclear.
