A list of the best forex brokers in Zambia (2021 update)

Trade forex and CFDs with the best forex brokers in Zambia.

That’s why we’ve put together a list of the top and the best forex trading brokers in Zambia to trade forex or shares in 2021.

Two brokers on this list will give you free money – a $30 NO deposit bonus for just opening an account with them. You can withdraw the profits.

Our forex broker review process is simple; we are residents of Africa and trade with these forex brokers on live accounts.

Here is a growing list of the best registered and licensed forex brokers in Zambia in 2021.

Summary of the top forex brokers in Zambia

  1. 🥇 Exness Zambia – Overall best forex broker.
  2. 🥈 XM – Best regulated forex broker
  3. 🥉ForexTime (FXTM) – easy forex broker to join
  4. 🏅TickMill – Best tight spreads and commissions forex broker.
  5. 🏅 HotForex – Best 100% deposit bonus forex broker
  6. 🏅 ICMarkets – The best ECN, PayPal and Multi-platform Broker

The best forex brokers in Zambia

Exness Forex Broker Review

Exness logo - forex brokers in Africa

Open an Account
Quick info
Founded: 2008
Regulator: FSA, Seychelles
Minimum deposit: $1
Leverage: Up to 1:2000
Average spread: 0 (Zero and Raw spread) 0.3 – Standard
Platforms: MT4, MT5, Web, Mobile  
  Why trade forex with Exness.
– Super tight spreads
– Instant automated Withdrawals and deposits 24/7
– Multiple withdraw and deposit methods
– Negative balance protection
– Regulated broker
– Mpesa and Mobile money broker  
– Funding in local currency

IC Markets Forex Broker Review

icmarkets logo - forex brokers in Africa

Open an Account

IC Markets Review
Quick info
Founded: 2007
Regulator: ASIC Australia, FSA Seychelles, CySEC Cyprus
Minimum deposit: $200
Leverage: Up to 1:500
Average spreads : 0 (cTrader and Raw spread) and from 1.0 – Standard
Commissions : only on cTrader –  $6.0 and Raw Spread – $7 per lot round-turn
Platforms: MT4, MT5, cTrader, Web, Mobile  
  Why trade forex with IC Markets.
– Super tight spreads
– Multiple withdraw and deposit methods
– Supports PayPal deposits and withdrawal
– Regulated broker    

HotForex Forex Broker Review

HotForex- forex brokers in Africa

Open an Account.
Quick info
Founded: 2010
Regulator: FCA United Kingdom, FSA Seychelles, DFSA Dubai, FSCA South Africa
Account currency: USD, EUR, GBP
Minimum deposit: $5
Leverage: Up to 1:1000
Average spreads: EURUSD – 1 pip, GBPUSD
Commissions: $7 per lot round-turn on the Zero Spread account.
Platforms: MT4, Web, Mobile  
  Why trade forex with HotForex.
– Up to 100% trading bonus on deposits on some accounts
– Multiple withdraw and deposit methods
– Tight spreads on the Zero spread account
– Regulated in many countries
– Negative balance protection

Tickmill Forex Broker Review

Tickmill - forex brokers in Africa

Open an Account.
Quick info
Founded: 2015
Regulator: FSA Seychelles, CySEC Cyprus, FCA United Kingdom
Account currency: USD, EUR, GBP
Minimum deposit: $5
Leverage: Up to 1:500
Average spreads: EURUSD – 1 pip, GBPUSD
Commissions: $4 per lot round-turn – only on the Pro account.
Platforms: MT4, Web, Mobile  
  Why trade forex with Tickmill.
– Super tight spreads
– Very low commissions
– Multiple withdraw and deposit methods
– Regulated broker  

XM Forex Broker Review

XM - forex brokers in Africa

Open an account
Quick info
Founded: 2009
Regulator: CySEC Cyprus, IFSC, FCA United Kingdom, ASIC Australia, DFSA Dubai
Base currency: USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR
Minimum deposit: $5 on Standard and Micro and  $50 on XM Ultra-Low Account
Leverage: Up to 1:888
Average spreads: 1 pip (Standard and Micro) 0.6 – on XM Ultra-Low Account Platforms: MT4, MT5, Web, Mobile    
  Why trade forex with XM.
– Multiple withdraw and deposit methods
– Supports mobile money funding
– Negative balance protection
– Regulated in many countries  

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