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Brokerlist2026

Brokers by Country · ZW

Brokers in Zimbabwe, 2026

Tracked byUpdated

Zimbabwe has cycled through multiple currency regimes — the latest, the gold-backed Zimbabwe Gold (ZWG) launched in 2024, replacing the prior ZWL. The USD circulates widely as legal tender alongside ZWG. The SECZ supervises the Zimbabwe Stock Exchange and broker-dealers, while the Reserve Bank of Zimbabwe (RBZ) handles banking under tight capital controls. Most retail FX/CFD activity routes through offshore brokers using USD wires and stablecoins; the dollarized commercial environment makes USD-denominated broker funding relatively practical.

9 / 9 brokers accept Zimbabwe

mixed

  1. Editorial top pick

    01Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997

    Full Libertex details →

  2. 02Bybit

    VARA
    Open account at Bybit →
    Avg spread
    0.10pip
    broker-published typical
    Cost / lot
    $4.00
    incl. $3 commission
    Min deposit
    None
    Max leverage
    1:500
    Up to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)

    MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers

    Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin account
    PlatformsMetaTrader 5, Bybit

    Founded in 2018

    Full Bybit details →

  3. 03RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009

    Full RoboForex details →

  4. 04XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009

    Full XM Group details →

  5. 05FxPro

    FCACySECSCBFSCA
    Open account at FxPro →
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing

    Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006

    Full FxPro details →

  6. 06Tickmill

    FCACySECFSAFSCA
    Open account at Tickmill →
    Avg spread
    0.20pip
    editorial estimate
    Cost / lot
    $8.00
    incl. $6 commission
    Min deposit
    $100
    Max leverage
    1:1000
    EU/UK retail: 1:30 · Seychelles entity: 1:1000

    Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page

    Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricing
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 2014

    Full Tickmill details →

  7. 07Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999

    Full Deriv details →

  8. 08AvaTrade

    ASICFSCACBIBVI
    Open account at AvaTrade →
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume

    Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006

    Full AvaTrade details →

  9. 09Alpari

    MISA
    Open account at Alpari →
    Avg spread
    0.25pip
    midpoint of broker range
    Cost / lot
    $7.50
    incl. $5 commission
    Min deposit
    $500
    Max leverage
    1:1000
    Pro ECN tier (Mauritius / St. Vincent offshore); Standard tier reaches 1:3000 at $50 min · not offered to EU/UK/AU retail

    27 years of operating history (founded 1998) — predates most current retail brokers · Regulated only by offshore entities (Mauritius / St. Vincent) after losing its FCA licence in 2015 — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou have $500+ and want commission-based Pro ECN pricing at ~$7.50/lot with 27 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 1998

    Full Alpari details →

Country context

Regulator
SECZ · Securities and Exchange Commission of Zimbabwe — supervises ZSE-listed securities and broker-dealers; Reserve Bank of Zimbabwe handles banking and currency
Currency
ZWG
Payment methods
Wire transfer (USD)EcoCashBank transferUSDT
Tax

Personal income tax is progressive up to 40% (for USD-denominated income; ZWG-denominated income has separate slabs). Capital gains tax is 5% on listed securities held over six months. Foreign brokers do not withhold; income is reportable via the ZIMRA annual return.

Retail trading rules

There are no statutory leverage caps for offshore-served residents; brokers apply their own limits. SECZ and RBZ periodically publish warnings against unauthorised forex schemes — pyramid-style "forex" schemes and unlicensed online platforms have been a recurring consumer-protection concern in Southern Africa. RBZ exchange-control rules require declaration of larger outbound USD transfers.

Frequently asked

Which brokers accept residents of Zimbabwe?+

9 of 9 brokers in our ranking accept Zimbabwe: Libertex, Bybit, RoboForex, XM Group, FxPro.

Who regulates brokers for Zimbabwe?+

Primary regulator: SECZ — Securities and Exchange Commission of Zimbabwe — supervises ZSE-listed securities and broker-dealers; Reserve Bank of Zimbabwe handles banking and currency.

What payment methods are available?+

Common methods: Wire transfer (USD), EcoCash, Bank transfer, USDT.

What are the tax rules for trading in Zimbabwe?+

Personal income tax is progressive up to 40% (for USD-denominated income; ZWG-denominated income has separate slabs). Capital gains tax is 5% on listed securities held over six months. Foreign brokers do not withhold; income is reportable via the ZIMRA annual return.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jul 14, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.