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HomeForexCountries
Zambia
Regulated

Best Forex Brokers in Zambia

Last updated May 3, 2026

Africa • 5 brokers available

5
Brokers
Key Regulator
SEC Zambia
Lowest Min. Deposit
$1
Active Regulators
13 regulators

Zambia's Securities and Exchange Commission (SEC Zambia) oversees capital-market activities. Retail forex trading is primarily conducted through internationally licensed brokers. Zambia's market is smaller but part of the growing sub-Saharan African retail FX landscape.

Top Zambia Forex Brokers

5 brokers

Exness

FCA, CySEC
4.4/ 5

Exceptional value for developing-market traders - instant withdrawals, $1 minimum deposit, and ultra-competitive raw spread pricing.

Min. deposit: $1

Spreads from 0.3 pips

Commission: $3.5/lot

Up to 2000:1

Read Review

XM

CySEC, ASIC
4.3/ 5

Low minimum deposit, broad bonus program, and strong educational content. CySEC- and ASIC-regulated.

Min. deposit: $5

Spreads from 0.6 pips

Up to 1000:1

Read Review

FXTM

CySEC, FCA
4.2/ 5

CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.

Min. deposit: $10

Spreads from 1.5 pips

Up to 1000:1

Read Review

Moneta Markets

ASIC, FSCA
4.1/ 5

Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.

Min. deposit: $50

Spreads from 0 pips

Commission: $6/lot

Up to 1000:1

Read Review

Deriv

MFSA, VFSC
4.1/ 5

Veteran retail broker with MFSA, VFSC, FSC BVI, and LFSA licensing, best known for synthetic indices - volatility-simulated instruments that trade around the clock - alongside a standard forex and CFD offering.

Min. deposit: $5

Spreads from 0.5 pips

Up to 1000:1

Read Review

Other Africa Countries

Botswana
Botswana
1 brokers
Cameroon
Cameroon
2 brokers
Ethiopia
Ethiopia
2 brokers
Ghana
Ghana
17 brokers

Frequently Asked Questions

Forex trading is regulated in Zambia. The country currently has 5 brokers operating under its regulatory framework. Always verify a broker's licence with the SEC Zambia before depositing funds.

Look for brokers regulated by the SEC Zambia or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.

Regulated brokers under the SEC Zambia are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.

Leverage limits vary by jurisdiction. Under SEC Zambia rules, traders in Zambia may be subject to local leverage restrictions, for example capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Zambia.

Yes. Most brokers available in Zambia offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.

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