🇿🇼Zimbabwe Expert-reviewed Updated May 2026

Best Brokers in Zimbabwe (2026)

12 top-rated brokers ranked for traders in Zimbabwe. Every pick is independently scored on regulation, fees, platforms and markets — no paid placements.

Quick Answer

There are 64 regulated brokers available to traders in Zimbabwe, led by Capital.com (3.96/5). 12 of them hold tier-1 licences (FCA, ASIC, CySEC or equivalent). Average minimum deposit is $26. Forex trading in Zimbabwe is regulated by the Securities and Exchange Commission (SECZ Zimbabwe).

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Brokers available

12 of 12

Tier-1 regulated

$26

Avg min deposit

1:2,000

Max leverage

Trading in Zimbabwe

Forex and CFD trading in Zimbabwe is regulated by the Securities and Exchange Commission (SECZ Zimbabwe). Traders should look for brokers that hold a licence from SECZ or an equivalent recognised regulator such as FCA (UK), ASIC (Australia), or CySEC (EU) to ensure fund safety and regulatory protection.

When choosing a broker in Zimbabwe, key factors include regulatory status, segregated client funds, competitive spreads, and a platform suited to your trading style. Our rankings above are filtered to brokers that accept clients from Zimbabwe.

Top 3 brokers in Zimbabwe compared

Broker	Score	Regulated by	Spread from	Min deposit
Capital.com	4.0/5	FCA	0.6 pips	$20	Visit
Phillip Capital	3.7/5	MAS	0 pips	None	Visit
IronFX	3.7/5	CySEC	0 pips	$100	Visit

Top 12 Brokers in Zimbabwe

Full ranking

How we chose: We evaluated 64 brokers available to traders in Zimbabwe and ranked them by SECZ compliance, trading fees, platform quality, and markets offered. Only brokers with verifiable regulation and segregated client funds were included. Scores are calculated by our independent rating algorithm — no broker pays for placement.

#1 Top Pick in Zimbabwe

Capital.com

4.0

Regulated: FCA, CySEC, ASIC

Spread from: 0.6 pips

Min deposit: $20

Markets: cfd, forex, stocks, indices

Low minimum deposit ($20) No commission, tight spreads

Visit Capital.com Full review

Phillip Capital

3.7

Regulated: MAS, ASIC

Spread from: 0 pips

Min deposit: None

Markets: stocks, forex, cfd, indices

Visit broker Read review

Fees Regulation Platforms

IronFX

3.7

Regulated: CySEC, FCA, ASIC

Spread from: 0 pips

Min deposit: $100

Markets: forex, cfd, indices, commodities

Visit broker Read review

Fees Regulation Platforms

Dukascopy

3.7

Regulated: FCA, MAS

Spread from: 0.1 pips

Min deposit: $100

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

Moomoo

3.7

Regulated: SEC, ASIC, MAS

Spread from: 0 pips

Min deposit: None

Markets: stocks, indices

Visit broker Read review

Fees Regulation Platforms

Libertex

3.7

Regulated: CySEC

Spread from: 0 pips

Min deposit: $10

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

FxOpen

3.7

Regulated: FCA, ASIC

Spread from: 0 pips

Min deposit: $1

Markets: forex, cfd, crypto, indices

Visit broker Read review

Fees Regulation Platforms

EasyMarkets

3.6

Regulated: CySEC, ASIC

Spread from: 0.7 pips

Min deposit: $25

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

MultiBank Group

3.6

Regulated: ASIC, FCA, CySEC

Spread from: 0 pips

Min deposit: $50

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#10

InstaForex

3.6

Regulated: CySEC, FSA

Spread from: 0 pips

Min deposit: $1

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#11

FXTM

3.6

Regulated: FCA, CySEC, FSCA

Spread from: 0.1 pips

Min deposit: $10

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#12

Webull

3.6

Regulated: SEC, FCA

Spread from: 0 pips

Min deposit: None

Markets: stocks, crypto, forex, indices

Visit broker Read review

Fees Regulation Platforms

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Compare top brokers in Zimbabwe

All comparisons

Capital.com vs Phillip Capital Capital.com vs IronFX Capital.com vs Dukascopy Phillip Capital vs IronFX

More rankings for Zimbabwe

Best Forex Brokers in Zimbabwe

Risk warning: Trading CFDs and forex carries significant risk and may not be suitable for all investors. Ensure you understand the risks involved before depositing any funds. Capital is at risk.

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Frequently Asked Questions

Which broker is best for traders in Zimbabwe?

Capital.com is our top-rated broker available in Zimbabwe with a BrokerRank score of 3.96/5, offering competitive fees, strong regulation, and a wide range of markets.

Who regulates forex trading in Zimbabwe?

Forex trading in Zimbabwe is regulated by the Securities and Exchange Commission (SECZ Zimbabwe). Brokers operating in Zimbabwe should hold a licence from SECZ or an equivalent recognised regulator. International brokers regulated by FCA (UK), ASIC (Australia) or CySEC (EU) are also commonly used by traders in Zimbabwe.

Is forex trading legal in Zimbabwe?

Yes, forex trading is legal in Zimbabwe and is regulated by the Securities and Exchange Commission (SECZ Zimbabwe). Traders should use brokers that are licensed by SECZ or hold equivalent international regulation to ensure legal protection and fund safety.

Are online brokers legal in Zimbabwe?

Online forex and CFD trading is legal in Zimbabwe when using a regulated broker. The primary regulator is Securities and Exchange Commission (SECZ Zimbabwe). Always verify that the broker you choose holds a valid licence from a recognised financial regulator before depositing funds.

Is it safe to trade forex in Zimbabwe?

Trading forex in Zimbabwe is safe when you use a properly regulated broker. Choose a broker licensed by SECZ, which requires client fund segregation, regular audits, and transparent pricing. Key safety measures include: keeping funds in segregated accounts, enabling two-factor authentication, and never investing more than you can afford to lose.

What should I look for in a broker as a trader in Zimbabwe?

Key factors include SECZ regulation or equivalent, local currency support to avoid conversion fees, competitive spreads, and a platform that suits your trading style. Our rankings above are filtered to brokers that accept clients from Zimbabwe.

Do I need to pay tax on forex profits in Zimbabwe?

Tax treatment of forex trading profits varies by country and individual circumstances. In Zimbabwe, trading profits may be subject to capital gains tax, income tax, or other levies depending on your trading frequency and status. Consult a qualified tax advisor in Zimbabwe for guidance specific to your situation. BrokerRank does not provide tax advice.

How do I compare brokers in Zimbabwe?

Use BrokerRank's comparison tool to view any two brokers side-by-side across fees, regulation, platforms and markets. Visit /compare to build your own comparison.

What is the best forex broker in Zimbabwe for beginners?

For beginner traders in Zimbabwe, the best forex broker is one with a low minimum deposit, an intuitive platform, and strong educational resources. Capital.com is our top-rated pick for Zimbabwe overall. Look for brokers offering demo accounts, clear fee structures, and responsive customer support in your language.