Brokers by Type. ECN Forex Brokers. Zero Spread Forex Brokers. Cryptocurrency Brokers. MT5 Forex Brokers. Day Trading Platforms. High Leverage Forex Brokers. Forex Brokers for Beginners. All Broker Types. Brokers by Country. Forex Brokers New Zealand. Forex Brokers Australia. Forex Brokers UK. Forex Brokers USA. Forex Brokers Canada.

Forex Brokers South Africa. Forex Brokers Kenya. Other Countries. BrokerTested Awards Broker Comparison. XM vs IC Markets. XM vs Pepperstone. eToro vs Trading IC Markets vs Pepperstone. Trading vs Plus All comparisons. B2B Directory Listing. Liquidity Provider. White Label Provider. Technology Provider. Platform Provider. Market Data. Copy Trading. Payment Provider. Turnkey Solution. Back Office Systems. License for Sale. Brokerage for Sale. Other directories.

About us. Best Forex Brokers Namibia Post author By George Rossi Post date May 19, No Comments on Best Forex Brokers Namibia Forex Trading Namibia Best Brokers Namibia Best Overall Namibia Best Beginner Namibia Best Minimum Deposit Namibia Best Low Spread Namibia Best Bonus Namibia Namibia Brokers List Verifying Namibia Broker Zar account Namibia ECN Broker Namibia.

To come up with this list, we have tested forex brokers Namibia. Is Forex Trading available in Namibia? Best Forex Brokers for Beginners Namibia We picked Trading as the best forex broker Namibia for beginners. Best Low Spread Forex Broker for Namibia We picked INFINOX as the best lowest spread forex broker Namibia. Best forex brokers with bonus Namibia We picked Tickmill as the best forex broker Namibia with a bonus.

Namibia Top Forex Brokers List We have tested many regulated forex brokers Namibia. How to Verify Nabimia Regulated Forex Brokers? Namibia Forex Brokers with ZAR accounts ZAR account enables forex traders to trade with the South African local currency. Based on our test we have chosen two forex brokers Namibia with a ZAR account: Dukascopy XM ECN forex brokers Namibia ECN is an automated bridging system directly connecting buyers and sellers in a trade settlement.

Based on our research, we recommend the following ECN forex brokers Namibia: INFINOX Vantage FX Tax for Forex Trading in Namibia Forex traders in Namibia should be very careful when it comes to taxes for forex trading.

Brokers by License. Brokers by Account Type. Day Trading Platforms. A — Z Namibian Stocks How To Buy Shares in Namibia 10 Best Shares to Buy in Namibia 5 Best Shares to SELL in Namibia Popular Global Stocks Buy Amazon Stock Buy Apple Stock Buy Tesla Shares Buy Meta Shares Buy Google Shares Buy Pfizer Stocks Popular Namibian Stocks Buy FirstRand Namibia Shares Buy Investec Shares Buy Namibia Asset Management Shares Buy Namibia Breweries Shares Buy Paratus Namibia Holdings Shares Buy Letshego Holdings Shares.

Broker Reviews. Crypto Trading. Buy Cryptocurrencies. Buy Bitcoin Buy Ethereum Buy Shiba Inu Invest in Crypto in Namibia Best Crypto Loans Best Crypto Coins to Buy Best Cryptocurrency Stocks to Buy. Crypto trading platforms. How To. Cryptocurrency Wallets. Step by Step Guides. OPEN AN ACCOUNT. Fully Regulated. Expertly Reviewed. Transparent Fees. Mobile Friendly. Find The Best Broker For Your Trading Level.

Best Forex Brokers. Best Forex Trading Apps. Best Islamic Forex Brokers. NASDAQ forex Brokers. Cryptocurrency Trading platforms. Volitality 75 Forex Brokers. How to Buy Bitcoin. Forex Trading Brokers in Namibia. For Namibian Investors, forex trading can be a way to earn wealth. Quick Content. Best Forex Brokers in Namibia.

Forex Trading Basics. Forex Terminology. Currency Pairs. How to Start Trading in Namibia? Forex Trading Strategies. Forex Charting. Forex Trading Risk Management. Traders in Namibia might face unexpected and dramatic volatility in the currency market, just like any other market.

The MetaTrader trading platform is available to Namibians who want to engage in online currency trading. Major players in the forex market, such as banks, hedge funds, and financial institutions, trade billions of dollars every day, which gives them an advantage over small-volume individual traders. Retail traders may use forex leverage to raise their exposure and profit margins.

Because the forex market is an over-the-counter OTC market, regulatory safeguards are less stringent than those in other markets, such as the stock market. Because of the enormous daily trading volumes, there is a great deal of opportunity to make quick money in the market. Forex trading has no residual returns and capital gains are generated only when one of two currencies in a pair appreciates.

When it comes to FX trading, Namibians have an abundance of short-selling opportunities. It is possible to do detailed technical analysis in Namibia to assist traders to become more successful. A minuscule amount of price manipulation by insiders is possible, although this is unlikely because of the decentralized nature of the FX market and the lack of power of insiders.

Because the bid-ask spread is the main factor in determining forex trading expenses, there are fewer fees and commissions to pay. Forex trading has a lower tax burden than trading in other financial markets, such as stocks and bonds.

Traders in Namibia may use expert advisors and other trading robots to automate their forex trading. Day Trading 👉 The practice of initiating and closing deals during the same trading day is known as day trading. Position Trading 👉 Positional trading comprises tracking long-term price patterns to realize the most possible profit from significant market movements.

Min Deposit. Trading Desk. Total Pairs. Islamic Account. Trading Fees. Account Activation Time. Read Review. Overall Rating. CySEC, FCA, FSA, FSCA, Labuan FSA. Meta Trader 4. USD 1. Metatrader 4. USD Not Regulated. Open a Real Account.

IFSC, FSCA South africa , ASIC, CySEC. MetaTrader 4, MetaTrader 5, FBS Trader — all in one mobile trading platform. Welcome Bonus. IFSC, CySec, ASIC. Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform. No Just spread. CySEC, FSC. Trade Size 0. BTC, ETH, LTC, DOGE, etc. Namcash 👉 Another successful young Namibian trader who is making it big in the foreign exchange trading market and making it into the list of the wealthiest foreign exchange dealers in Namibia is Nyangi One, also known as Namcash.

Jeremiah Mootseng Wizkid 👉 Jeremiah Mootseng is another young forex trader who has learned the art of forex trading and is successfully profiting from it. Bosso Forex 👉 Bosso is a successful forex trader in Namibia who shares his expertise with beginner traders through seminars.

How to Choose a Forex Broker in Namibia 👉 Traders who have complete faith in their forex broker are free to focus all their energy, time, and attention on developing their trading techniques and increasing their chances of financial success. Regulation and Authorization 👉 In various countries, forex trading is governed uniquely, and the requirements for formal registration with the financial authorities might be highly stringent.

Range of Markets 👉 A great broker should provide clients with access to a diverse range of trading items to choose from. Customer Support 👉 Good client service is a must-have for every broker. Trade Execution and Overall Execution Policy 👉 In a fast-moving market, execution speed is critical since it delivers more precise pricing. Education and Research 👉 Brokers routinely provide education and research to assist their customers to become better traders.

Trading Platform 👉 Traders have the freedom to choose the gear and software that best fit their needs. Deposit and Withdrawal Options and Speed 👉 It is convenient to be able to make deposits and withdrawals from a trading account in a variety of ways. Understanding Forex Charting with examples 👉 A forex chart is a graphical representation of the relative price movement of currency pairs across various timeframes. Bar 👉 Bar charts are used to illustrate certain timeframes for trading, as they are in other contexts.

Candlesticks 👉 Japanese rice merchants were the first to adopt candlestick charts in the eighteenth century. Effective Risk Management for Namibian Forex Traders 👉 Individual steps that enable traders to safeguard against the downside of a deal are referred to as forex risk management. Position Size 👉 Position sizing, or the amount of lots you buy or sell in a transaction, is critical since it protects your account while also increasing your upside potential.

Stop-Loss Orders 👉 Another important idea in forex trading risk management is the use of stop-loss orders, which are established to end a deal when a specified price is achieved. Leverage 👉 Traders can take on more risk by using leverage in the forex market, which increases the profit potential but also increases the danger. Controlling Your Emotions 👉 When you are putting your money at risk in any financial market, you need to be able to control your emotions.

Best Forex Strategies for Namibian Traders Revealed 👉 The two most basic forms of foreign exchange transactions are known as long trades and short trades. Day Trading 👉 Trades that last less than a day are known as day traders.

Swing Trading 👉 The trader in a swing trade keeps the position for days or weeks rather than just a single day. Position Trading 👉 If you are looking for a long-term investment strategy, a position trade is a way to go.

An introduction to Forex Brokers 👉 It is necessary to provide a concise explanation of the market in which brokers function before we can comprehend what a broker is and what they accomplish in the industry. What is the Role of a Forex Broker? How do Forex Brokers Make Money? The Importance of Market Sentiment in Forex Trading 👉 Investors may use market sentiment to their advantage. The Effects of Leverage in Forex Trading 👉 One of the reasons so many individuals are drawn to trading forex as opposed to other financial products is that forex leverage is often significantly bigger than stock leverage.

Zip compression of log files is done automatically. A total of 31 Graphical Objects are included in this collection More than forty-four graphic objects Single-Threaded Strategy Tester is an option. A multi-currency Multi-Threaded Strategy Tester with actual ticks is available.

Attachments are not permitted, despite the availability of a robust email system. Attachments may be sent by email using the comprehensive system. Unicode is not multilingual There is support for multilingual Unicode. Transferring funds between accounts is not available. Transfers between accounts are permitted. There is no MQL5 community chat built into the software The MQL5 community chat is integrated within the page.

Suitable for: People who are new to forex trading or those who want a more user-friendly platform Suitable for: Namibian traders that require a wide range of options when it comes to their trading program. Best Forex Brokers in Namibia 👉 We have carried out extensive research and tested several platforms to provide Namibians with the best brokers. FSA, FCA, ASIC, DFSA. MetaTrader 4. CySEC, FSC, FSCA. MetaTrader 4 and MetaTrader 5. ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA.

Metatrader 4 and Metatrader 5. FXTM Namibia Review Regulated by CySEC, FSC, FSCA, FCA Trading accounts: Micro, Advantage, Advantage Plus Leverage: Platforms: MT4, MT5, Mobile, Web. HFMarkets Namibia Review Regulated by CySEC, FCA, DFSA, FSA Trading accounts: Micro, Premium, Zero, Auto, PAMM Leverage: Up to Platforms: MT4, MT5, Mobile, Web. Alpari Namibia Review Regulated by FSA Trading accounts: Standard, Cent, ECN, ECN Pro Leverage: Platforms: MT4, MT5, Mobile, Web. HYCM Namibia Review Regulated by CySEC, FSC, DFSA, CIMA Trading accounts: Fixed, Classic, Raw Leverage: Up to Platforms: MT4, MT5, Mobile, Web.

Forex Brokers in different categories:. ECN Account Forex Brokers. Cent Account Forex Brokers. Micro Account Forex Brokers. Low Spread Forex Brokers. How to Choose The Best Forex Broker in Namibia. It is common knowledge that Forex trading is quite complicated as well as requires enough knowledge and experience.

However, choosing the best Forex broker is actually the biggest trade of all. Some people may ask why you should carefully choose a Forex broker for your trading journey. The answer is to increase your odds of success in the competitive market and to make sure you can focus on the important things when trading.

Before choosing your Forex broker, it is important to figure out what type of trader you are. Are you a day trader, scalper, or maybe news trader? In addition, you should also determine your investment goals, trading volume, strategies, and trading styles.

After you have the answers to the above questions, ask yourself these five important questions about your broker to find out whether a broker is truly suitable and the best for you or not. This is the first and the most important aspect of choosing a Forex broker.

Their main tasks are to prevent traders like us from fraudulent companies and ensure a fair market environment for all participants. Being regulated means that your funds are kept safely and securely in segregated accounts so the brokers will not be able to use your funds for their operational activities. But, remember that regulated brokers do not guarantee problem-free trading.

However, it can at least prevent potential scam issues. Alternatively, you may find this information on other pages, such as About Us, Regulations, and so on.

There are a lot of trusted and prominent financial regulators in the world. They have different jurisdictions and requirements, such as: 👉 Cyprus Securities Exchange Commission CySEC in Cyprus 👉 Financial Conduct Authority FCA in the United Kingdom 👉 Australian Securities and Investments Commission ASIC in Australia 👉 Dubai Financial Services Authority DFSA in Dubai 👉 Financial Market Supervisory Authority FINMA in Switzerland 👉 Financial Sector Conduct Authority FSCA in South Africa 👉 Monetary Authority of Singapore MAS in Singapore 👉 National Futures Association NFA in the United States 👉 The Federal Financial Supervisory Authority BaFin in Germany 👉 Financial Markets Authority FMA in New Zealand Aside from regulators, Forex brokers may also be a member of a compensation scheme or another international organization , such as The Financial Commission, Investor Compensation Fund ICF , and Financial Services Compensation Scheme FSCS.

Client support is an aspect that is actually essential but is usually brushed aside by many traders since they have not needed them yet. You need immediate assistance because you want to open a trade quickly before the market shifts again.

But, it turns out that their live chat support is not available at that time and can only help you within 24 hours. You have no choice but to lose your chance to earn profits since the Forex market is very liquid and can change in a matter of milliseconds. Are the customer support teams friendly, helpful, and professional? Do they tailor their answers based on your questions or do they just copy and paste canned answers?

The process involved with finding and comparing forex brokers who accept Namibian traders can be tedious and time-consuming, especially considering that hundreds of brokers offer comprehensive trading solutions and services. Several factors must be considered when traders evaluate brokers including their regulation, safety of funds, account types, fees and spreads, deposit and withdrawal methods, and several others.

Established in , IFX Brokers is a well-regulated and reputable Electronic Communications Network ECN broker based in South Africa. IFX Brokers is regulated by the Financial Sector Conduct Authority in providing comprehensive trading solutions to traders in South Africa, Namibia, and several other countries in Africa.

IFX Brokers is centred around providing a fair, safe, and transparent trading environment, offering retail traders and institutional clients some of the best trading conditions in the world.

Established in , OctaFX is a well-regulated STP and ECN broker that is headquartered in Saint Vincent and the Grenadines, with a global reach in offering comprehensive trading solutions to beginner and professional traders alike. OctaFX facilitates the trade in a wide range of forex and CFD trading instruments.

Traders can expect competitive trading fees, advanced trading tools, and dedicated customer support in a range of languages including English, German, Spanish, and several others. Namibian beginner traders can expect access to a range of educational resources that will help them navigate complex financial markets and different trading instruments.

Traders can expect competitive variable spreads, negative balance protection that is applied to retail accounts, and more.

Regulated by the Cyprus Securities and Exchange Commission CySEC. eToro is a popular Market Maker and one of the most popular online brokers in the world in addition to being the leading social trading platform in the world.

eToro has been in operation since and is renowned for its comprehensive trading solutions and competitive trading conditions. Namibian traders can easily add a competitive edge to their trading when they use the services of eToro. eToro is the best social trading platform in the industry and one of the most trustworthy brokers in the world. Wide range of financial instruments that can be traded, including several forex pairs and CFDs trading across several asset classes.

HotForex is one of the most versatile and popular online brokers with multi-regulation through reputable entities including the Cyprus Securities and Exchange Commission CySEC, FSCA, DFSA, and several others. HotForex has been in operation since and is well-known for its tight variable spreads, commission-free trading options, a choice between several retail investor accounts, and wide range of financial instruments offered. Apart from its competitive trading conditions, HotForex offers the use of the popular MT4 forex trading platform as well as MetaTrader 5.

HotForex offers Islamic Accounts, negative balance protection, competitive commission per trade, and more. One of the best online brokers that welcomes all levels of traders.

Offers a wide range of complex instruments spread across several asset classes. Versatile funding options including bank wire transfer, credit cards, debit cards, and several others. MetaTrader-only broker with no proprietary trading platforms. Established in , FXTM is one of the best online brokers that welcome all levels of traders from Namibia and several other African regions including South Africa, Nigeria, and more.

FXTM facilitates the trade in complex instruments that are spread across several financial markets including foreign currency, CFDs trading, shares, indices, and more.

FXTM has an ultra-low minimum deposit requirement and offers variable spreads, the popular MT4 forex trading platform, and several others.

FXTM is regulated by several entities including the Cyprus Securities and Exchange Commission CySEC , Financial Conduct Authority, and several others. FXTM is suited to all types of forex traders and offers transparent trading cost, low commission charges, and has customer support in a range of languages including English, Vietnamese, Polish, Spanish, and several others. Well-regulated broker that accepts all types of traders. Regulation with the Cyprus Securities and Exchange Commission, amongst other major regulators.

There is an inactivity fee charged on dormant accounts. Established in , IQ Option is one of the most popular online brokers that operate according to a Market Maker business model. IQ Option is well-regulated with the Cyprus Securities and Exchange Commission, which is one of the most reputable financial regulators, offering traders from around the world some of the best trading conditions. IQ Option offers a variety of instruments that can be traded through powerful proprietary trading technology available.

Well-regulated by the Cyprus Securities and Exchange Commission in Cyprus and other major regulators. Reasonable minimum deposit requirement and competitive rates charged. ExpertOption is an STP trading broker that is based in Saint Vincent and the Grenadines, with a low minimum deposit requirement that provides traders access to a wide range of tradable instruments that are spread across several asset classes. ExpertOption is focused on providing traders with the best trading conditions that can be accessed through a powerful proprietary trading platform.

ExpertOption also offers a choice in trading accounts and innovative traders mobile apps that can be used. AvaTrade is one of the most popular online brokers in the world, well-regulated by several reputable major regulators. AvaTrade offers some of the best trading conditions in the world in addition to offering traders with access to several key trading technologies and several markets including spot indices, forex trading, CFDs, options, shares, and more. AvaTrade offers its competitive trading conditions through a suite of powerful trading platforms including MetaTrader and its proprietary trading technology.

Alpari is a well-regulated and popular forex broker that has been in operation since , with offices spread across several regions. Alpari is known for its flexible trading solutions, high leverage ratios, choice in investor accounts, and powerful trading technology.

Alpari offers some of the best trading conditions and offers support in several languages. With Alpari, Namibian traders can rest assured that they will get tailor-made solutions that serve their trading needs and objectives. Established in , Olymp Trade is a popular forex broker that offers comprehensive trading conditions, educational sources, trading signals, and decent market analysis through the MetaTrader 4 trading platform.

Olymp Trade has more than , registered traders and the broker also sees high trading volumes through its proprietary trading platform daily. Olymp Trade has won several industry awards for offering some of the best trading solutions and competitive rates.

Yes, Forex Trading is legal in Namibia and there are no restrictions on the forex brokers through which you can trade. Yes, Forex Traders may be liable for tax on their Forex profits. There are more than , forex traders that actively trade monthly in Namibia. Most forex brokers offer trading accounts in USD and other major currencies because these currencies are highly liquid whereas NAD is not a major currency.

You should consider the educational tools, resources, and materials that the broker offers, the level of customer support, and the provision of a demo account and other resources that help you navigate the financial markets as a beginner trader. To simplify the evaluation and selection process, we have compiled a comprehensive list of some of the best forex brokers in Namibia. IFX Brokers Features Established in , IFX Brokers is a well-regulated and reputable Electronic Communications Network ECN broker based in South Africa.

Pros and Cons. PROS MetaTrader trading platforms are supported Educational materials are provided The trading conditions are competitive Well-regulated by the FSCA A wide range of markets are provided.

OctaFX Features Established in , OctaFX is a well-regulated STP and ECN broker that is headquartered in Saint Vincent and the Grenadines, with a global reach in offering comprehensive trading solutions to beginner and professional traders alike. Traders can expect competitive trading fees, advanced trading tools, and dedicated customer support in a range of languages including English, German, Spanish, and several others Namibian beginner traders can expect access to a range of educational resources that will help them navigate complex financial markets and different trading instruments.

PROS Regulated by the Cyprus Securities and Exchange Commission CySEC Tight average spreads offered Range of financial instruments provided Islamic accounts provided to Muslim traders MT4 Forex trading platform offered Flexible funding options offered Variable spreads and fixed spread accounts offered. CONS US and UK clients are not accepted.

eToro Features eToro is a popular Market Maker and one of the most popular online brokers in the world in addition to being the leading social trading platform in the world. PROS eToro is the best social trading platform in the industry and one of the most trustworthy brokers in the world Wide range of financial instruments that can be traded, including several forex pairs and CFDs trading across several asset classes The perfect solution for active traders Competitive average spreads are offered Swap-free accounts are offered.

CONS MT4 forex trading platform is not supported High minimum deposit requirement There is no live chat support provided Inactivity fees are charged on dormant accounts Scalping and hedging are not allowed. HotForex Features HotForex is one of the most versatile and popular online brokers with multi-regulation through reputable entities including the Cyprus Securities and Exchange Commission CySEC, FSCA, DFSA, and several others.

PROS One of the best online brokers that welcomes all levels of traders Well-regulated by several financial regulators Offers a wide range of complex instruments spread across several asset classes Tight spreads, low commission charges Versatile funding options including bank wire transfer, credit cards, debit cards, and several others.

CONS United States clients are not accepted MetaTrader-only broker with no proprietary trading platforms Fixed spreads are not offered. FXTM Features Established in , FXTM is one of the best online brokers that welcome all levels of traders from Namibia and several other African regions including South Africa, Nigeria, and more.

PROS Well-regulated broker that accepts all types of traders Regulation with the Cyprus Securities and Exchange Commission, amongst other major regulators Mobile apps offered for trading. CONS There is an inactivity fee charged on dormant accounts. IQ Option Features Established in , IQ Option is one of the most popular online brokers that operate according to a Market Maker business model.

PROS Well-regulated by the Cyprus Securities and Exchange Commission in Cyprus and other major regulators Client funds are kept in segregated accounts Member of an Investor Compensation Fund Reasonable minimum deposit requirement and competitive rates charged Variety of instruments that can be traded.

CONS Fixed spreads are not offered Limited leverage for some regions. ExpertOption Features ExpertOption is an STP trading broker that is based in Saint Vincent and the Grenadines, with a low minimum deposit requirement that provides traders access to a wide range of tradable instruments that are spread across several asset classes.

PROS Competitive rates charged on multiple account options Range of tradeable instruments offered Perfect for trading forex, CFDs, and other markets. CONS Unregulated MetaTrader is not supported There are several countries excluded from service. AvaTrade Features AvaTrade is one of the most popular online brokers in the world, well-regulated by several reputable major regulators.

PROS Well-regulated by several entities Commission-free trading Tight and fixed spreads Fast and reliable trade execution speeds Multi-award-winning broker Deposit fees and withdrawal fees are not charged. CONS US clients are not accepted Variable spreads are not offered. Alpari Features Alpari is a well-regulated and popular forex broker that has been in operation since , with offices spread across several regions.

PROS Managed accounts are provided Well-regulated Member of a Financial Commission Customer support in more than 30 languages Signals are provided through AutoChartist. CONS Fixed spreads are not offered Limited trading instruments Lack of education. Olymp Trade Features Established in , Olymp Trade is a popular forex broker that offers comprehensive trading conditions, educational sources, trading signals, and decent market analysis through the MetaTrader 4 trading platform. PROS Ultra-low minimum deposit requirement Market News and analysis offered Proprietary trading platform provided Educational materials are provided.

CONS Unregulated MetaTrader is not offered US and UK traders are not accepted. Is Forex Trading Legal in Namibia? Do Forex Traders pay Tax on Forex Profits in Namibia? How many Forex Traders are there in Namibia?

Should I use USD or NAD as my base account currency? What should I look for in a broker if I am a beginner trader? Other useful resources: 10 Most Successful Forex Traders in South Africa 10 Best Volatility 75 Index Forex Brokers in South Africa 10 Best NASDAQ Forex Brokers in South Africa 10 Best Forex Brokers in South Africa with Same-day Withdrawals 10 Best Forex Brokers for Beginner Traders 9 Best Forex Brokers with Leverage in South Africa.

Join now. I want to become an IFX Partner. I have read and accept the IB terms and conditions. Download Application Apply Online. Thank you for your interest in joining as an IFX Partner.

You can expect to receive response within 48 hours.

FCA, FSCA. Having a profitable customer base is good for the broker, since they will trade more and be around for a longer period. Forex markets provide the ability to hedge currency risk by setting an agreed-upon price for the transaction to be performed. A day trade might last for hours or just a few seconds. The Act states that only authorized dealers and brokerages can operate in this field. The best choice will depend upon your individual circumstances and preferences.

Categories:

• Forex Brokers
• Binary Options online
• Forex
• Forex Bitcoin
• Binary Options