We found 11 online brokers that are appropriate for Trading Namibia Brokers Platforms.
Africa is experiencing a surge in economic activity, and Namibia is no exception. With its developing infrastructure and participation in regional trade agreements, Namibia offers attractive opportunities for investors across various sectors. Forex traders, for instance, can benefit from Namibia's stable currency (Namibian Dollar - NAD) and access to diverse currency pairs. However, navigating the Namibian brokerage landscape can be challenging. This guide equips you with the knowledge to assess Namibian brokers, open a trading account, and make informed investment decisions that align with your financial goals.
Risk Disclaimer: Trading involves inherent risks, and investors should be aware of their financial capabilities before starting. Always conduct thorough research and consider seeking professional advice.
This Namibia brokers guide is only for educational use and is in no way financial advice. Traders in Namibia should take your time to understand what you are doing especially the risks of real financial loss.
This list of brokers available in Namibia is not a complete list. Namibia offers a variety of brokerage firms catering to different trading needs. It's important to choose a licensed and regulated broker. The Namibian Stock Exchange (NSX) is a valuable resource for finding licensed brokers in Namibia.
IC Markets is an excellent choice for traders in Namibia, offering a range of features tailored for both beginners and experienced traders. With advanced platforms like MT4, MT5, cTrader, and TradingView, IC Markets ensures user-friendly interfaces and efficient trading. They provide robust customer support and a wealth of research tools, making it easier to analyze markets and make informed decisions. IC Markets also offers tight spreads and fast execution, ideal for traders who value precision and speed.
RoboForex is a popular broker among traders in Namibia due to its flexibility and competitive fees. It offers high leverage and ultra-competitive spreads starting at zero, appealing to those aiming for high returns. The platform supports MT4 and MT5, providing seamless usability across various devices. RoboForex also features excellent customer support and comprehensive research tools, helping traders navigate the markets effectively.
XM is a great broker for traders in Namibia looking for a well-rounded platform with a focus on customer support. It offers various account types and trading instruments, making it versatile for different trading needs. XM provides excellent customer support and a range of research tools to assist traders in making informed decisions. The platform is user-friendly and caters to traders of all experience levels.
Pepperstone is favored by traders in Namibia for its diverse trading options and commitment to customer satisfaction. It offers a comprehensive range of trading instruments and a user-friendly platform that ensures smooth navigation. Pepperstone's customer support is highly regarded, and it provides a wealth of research tools to support traders in their market analysis. The platform's reliability and regulatory oversight make it a trustworthy choice.
AvaTrade offers traders in Namibia a versatile trading experience with numerous funding and withdrawal options. Its mobile app, AvaTradeGo, and social trading platform, AvaSocial, combine convenience with community engagement. AvaTrade's user-friendly platform and commission-free structure make it appealing for cost-conscious traders. The broker also provides excellent customer support and a variety of research tools to enhance trading strategies.
FP Markets combines technology with trading for traders in Namibia, offering enhanced MetaTrader 4 and 5 platforms. The broker provides competitive spreads and a wide range of trading options, allowing for precise strategy customization. FP Markets' platform is user-friendly and equipped with robust research tools, making it suitable for traders who demand advanced technology without sacrificing usability. Strong customer support ensures traders have the assistance they need when navigating the markets.
Namibia's capital market is overseen by the Namibian Stock Exchange (NSX) and the Namibia Financial Institutions Supervisory Authority (NAMFISA). Brokers offering stock trading must be members of the NSX and comply with regulations set forth by NAMFISA. These regulations ensure investor protection and promote fair market practices.
Here are some critical aspects of the regulatory framework:
Capital Adequacy: Brokers must maintain a minimum level of capital to ensure they have sufficient resources to meet their financial obligations.
Know Your Client (KYC) and Anti-Money Laundering (AML): Brokers must implement KYC and AML procedures to verify client identities and prevent money laundering activities.
Client Segregation: Client funds must be segregated from the broker's funds, further protecting investors' assets in case of insolvency.
Understanding these regulatory requirements provides a baseline for evaluating Namibian brokers' credibility and safety of funds.
Contract for Difference (CFD) trading enables traders to speculate on the price fluctuations of different assets without actually owning them. Namibian brokers offering CFD trading typically charge commission fees based on the trade volume. Comparing these fees becomes crucial for maximizing your returns.
Here are some tips for comparing CFD trading fees for Namibian traders:
Commission Structure: Check out how different Namibian brokers charge commissions. Some might have a fixed fee for each trade, while others might charge based on how much you trade.
Non-Trading Fees: Look out for fees that aren't directly related to trading, like account inactivity fees, spread charges (the difference between the buying and selling price), and withdrawal fees.
Trading Platform: Some trading platforms provided by Namibian brokers might have their own fees. Make sure to include these when you're comparing different brokers.
By carefully comparing the commission structures and non-trading fees of the top Namibian brokers, you can find the one that fits your trading style and budget best.
The Namibian brokerage industry offers various services, with some brokers specializing in specific asset classes.
Certain brokers cater to investors interested in specific asset classes, such as commodities (oil, gold) or Exchange-Traded Funds (ETFs) that track a basket of underlying assets. These brokers may offer tailored research, analysis tools, and educational resources for these asset classes.
Alternatively, some brokers function as full-service providers, offering access to asset classes, including stocks, before forex and CFDs. This one-stop-shop approach can be convenient for investors with diverse investment goals.
Choosing a broker that aligns with your investment focus can enhance your trading experience. Researching a broker's expertise and position in your preferred asset classes allows you to leverage their knowledge and resources for better decision-making.
The minimum deposit required to open a Forex trading account with a Namibian broker can vary significantly. Online brokers in Namibia may have lower minimum deposit requirements than traditional brick-and-mortar brokerages, catering to a broader range of investors, including those starting with smaller capital.
Some brokers offer various account types, each with different minimum deposit requirements. Basic accounts may have lower minimums, while premium accounts with advanced features may have higher entry points.
Research minimum deposit requirements and compare them across different Namibian brokers to find one that aligns with your initial investment capacity. Consider starting with a basic account that offers essential trading features without a high minimum deposit. You can always upgrade your account later as your experience and capital grow.
Remember, a lower minimum deposit shouldn't solely determine your broker selection. Prioritize factors like regulation, trading platform functionality, and educational resources to ensure a supportive trading environment.
The Namibian financial sector is still evolving in terms of cryptocurrency regulations. While no central regulatory body oversees cryptocurrency trading yet, some Namibian brokers are starting to offer this service. Here's how to identify brokers offering crypto trading:
Broker Website: Check the broker's website for information on supported asset classes. Look for explicit mentions of cryptocurrency trading or specific cryptocurrencies offered.
Contact the Broker: If the website isn't clear, contact the broker's customer service department directly. Inquire about their cryptocurrency trading offerings and any associated regulations or limitations.
While Namibia doesn't have specific crypto regulations, prioritize brokers operating under established financial regulations for a safer trading environment. Ensure the broker implements robust security measures to protect your cryptocurrency holdings from cyberattacks and theft.
Due diligence is crucial before venturing into crypto trading with Namibian brokers. Researching their offerings, understanding associated risks, and prioritizing regulated brokers will minimize or mitigate your exposure to potential pitfalls.
Tax implications for stock trading through Namibian brokers depend on your residency and your country's specific tax laws. Your tax residency determines which country's tax laws apply to your trading profits. Namibian residents will be subject to Namibian capital gains tax on stock trades. Consult a tax advisor in Nambia for proper advice relevant to you.
Double taxation agreements exist between Namibia and some countries (e.g., the UK and Canada). These treaties prevent investors from being taxed twice on the same income. Understanding these treaties can help you navigate your tax obligations.
Tax laws can be complex, especially for international investors. It is vital to consult a qualified tax advisor familiar with Namibian tax regulations and your home country's tax laws. An advisor can help you understand your tax reporting requirements and ensure you comply with all applicable tax regulations.
By proactively seeking professional advice, you can avoid potential tax liabilities and maximize your after-tax returns on stock trades through Namibian brokers.
The security of your funds is paramount when choosing a Namibian broker. Here's a closer look at the measures typically implemented to manage and safeguard client assets:
Client Segregation: Reputable Namibian brokers segregate client funds from their company funds. Ensures that your money remains protected even if the broker encounters financial difficulties.
Custody Arrangements: Brokers may hold client funds in secure custody accounts with reputable institutions like banks. These institutions act as intermediaries, further mitigating the risk of broker mismanagement.
Look for brokers that utilize robust encryption technologies to safeguard your personal information and online transactions. This protects your data from unauthorized access. Two-factor authentication adds more security to your trading account. This typically involves a unique code sent to your phone or email in addition to your password, making unauthorized access more challenging.
Opt for brokers regulated by Namibian authorities like NAMFISA. Regulatory oversight ensures brokers adhere to strict financial standards and consumer protection measures. Inquire whether the broker offers any investor protection schemes or insurance coverage in case of theft or fraud.
By prioritizing brokers with robust security protocols, client fund segregation, and proper regulatory oversight, you can minimize the risk of financial losses and trade with greater peace of mind.
Transferring funds to and from your Namibian brokerage account can be straightforward. One method is through Electronic Funds Transfer (EFT), a popular option for electronically transferring funds from your bank account to your trading account. Most Namibian brokers provide EFT details for deposits and withdrawals.
Some brokers may offer online payment methods like debit/credit cards for faster deposits, though these transactions may incur additional fees.
Be aware that processing times may be associated with both deposits and withdrawals. This can vary depending on the broker and the chosen transfer method. Confirm any withdrawal fees the broker charges before initiating a withdrawal.
Ensure your trading account details, including your bank account information, are accurate and up-to-date to avoid transfer delays or errors. Always verify that you're on the broker's official website to prevent fraudulent activity before initiating any transfers.
By familiarizing yourself with available transfer methods, processing times, and potential fees, you can ensure a smooth and secure cash flow between your bank and Namibian trading accounts.
A reputable Namibian broker will go beyond just executing trades and provide valuable resources to assist clients. Brokers may provide research reports and analysis on various asset classes, including Forex and commodities. These reports can equip you with valuable insights to make informed trading decisions.
Some brokers offer educational webinars and tutorials covering various trading topics, from basic concepts to advanced strategies. These can be great ways to enhance your trading knowledge and skills.
The broker's trading platform may include charting tools, technical indicators, and fundamental analysis resources to help you analyze markets and identify potential trading opportunities. Look for brokers that offer free trials or demo accounts with virtual funds. These allow you to experiment with the trading platform and test strategies before committing to real capital.
Evaluate your experience level and identify the type of educational resources that would be most beneficial to you. Compare the educational resources different Namibian brokers offer to find one that aligns with your learning goals and trading style.
By leveraging the research, educational tools, and demo accounts offered by Namibian brokers, you can gain valuable knowledge, refine your trading strategies, and approach the market with greater confidence.
Resolving disputes with a Namibian broker efficiently requires following the proper channels and understanding the available resources. Here's a breakdown of the process:
Internal Complaint Procedures: Most Namibian brokers have established internal complaint procedures. The first step should be formally complaining to the broker's customer service department, outlining the issue and your desired resolution.
Negotiation and Mediation: Negotiate with the broker's representatives to attempt to reach an amicable resolution. Some brokers may offer mediation services to find a mutually agreeable solution if negotiations fail.
Regulatory Intervention: If internal procedures prove unsuccessful, you can escalate the complaint to the Namibian Financial Institutions Supervisory Authority (NAMFISA). NAMFISA oversees the Namibian financial sector and has mechanisms for addressing investor complaints against regulated brokers.
External Dispute Resolution (EDR) Schemes: Namibia may have External Dispute Resolution (EDR) schemes established specifically for financial disputes. Investigate whether the broker you choose is a member of such a scheme, as it can provide an alternative dispute resolution mechanism.
Consider seeking legal advice from a lawyer specializing in Namibian financial regulations for complex disputes involving significant financial losses. They can guide you through the process and represent your interests effectively.
Throughout the dispute resolution process, it's vital to maintain detailed records of all communication with the broker, including emails, phone logs, and any relevant documentation. This will strengthen your case during mediation or if legal action becomes necessary.
Following a structured approach, starting with internal channels and escalating to regulatory bodies if needed, increases your chances of obtaining a successful resolution to a dispute with a Namibian broker. Documentation is critical, and seeking legal advice can be valuable for complex situations.
Opening a trading account with a Namibian online broker can be relatively straightforward. Here's a general guide:
Research and Compare Brokers: As discussed previously, thorough research is crucial. Compare Namibian brokers based on regulation, minimum deposit requirements, trading platform features, and educational resources.
Choose a Broker: Once you've identified a broker who meets your needs and risk tolerance, visit their website.
Online Account Opening: Most Namibian brokers offer online account opening processes. The application form typically requires basic personal information, contact details, and proof of identity documents.
Funding Your Account: After a successful account opening, you'll need to fund your account using one of the broker's deposit methods, such as electronic funds transfer or online payment options. Minimum deposit requirements will vary depending on the chosen broker and account type.
Practice on a Demo Account (Optional): Many Namibian brokers offer demo accounts with virtual funds. Take advantage of this feature to familiarize yourself with the trading platform and practice trading strategies before risking real capital.
Before opening an account, understand the broker's terms and conditions, including fees, margin requirements, and risk disclosures. Develop a sound risk management strategy before initiating trades, including setting stop-loss orders to limit potential losses and understanding the inherent risks associated with various asset classes.
By following these steps and prioritizing research, responsible broker selection, and familiarization with the platform, you can ensure a smooth and informed start to your trading journey with a Namibian broker.
By understanding the regulatory framework, available asset classes, and the importance of security and education, you can choose a Namibian broker that best suits your investment needs. Responsible research and a solid risk management strategy are paramount for success in any investment environment. With the right partner, Namibia's growing economy can be a springboard for your investment journey.
We have conducted extensive research and analysis on over multiple data points on Namibia Brokers to present you with a comprehensive guide that can help you find the most suitable Namibia Brokers. Below we shortlist what we think are the best Namibia Brokers Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Namibia Brokers.
Selecting a reliable and reputable online Namibia Brokers Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Namibia Brokers Trading Platforms more confidently.
Selecting the right online Namibia Brokers Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Namibia Brokers Trading Platforms trading, it's essential to compare the different options available to you. Our Namibia Brokers Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Namibia Brokers Trading Platforms broker that best suits your needs and preferences for Namibia Brokers Trading Platforms. Our Namibia Brokers Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Namibia Brokers Trading Platforms.
Compare Namibia Brokers Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Namibia Brokers Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Namibia Brokers Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Namibia Brokers Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Namibia Brokers Trading Platforms that accept Namibia Brokers Trading Platforms clients.
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IC Markets
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Roboforex
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
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Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
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Accounts |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
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Learn More |
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Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Namibia Brokers Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Namibia Brokers Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Namibia Brokers Trading Platforms below.