The Best Forex Brokers For You
For example, some brokers do not accept Zimbabwean traders. Those who do may only accept payment methods that do not serve Zimbabweans like Skrill & Neteller.
In this article, we are going to show you why Deriv is the best broker for Zimbabweans currently. We will explain how Deriv Zimbabwe's features and options solve the main challenges facing Zimbabwean forex traders.
Reasons That Make Deriv The Best Forex Broker For Zimbabweans
Deriv Accepts Traders From ZimbabweDeriv Zimbabwe welcomes local traders without any reservations or restrictions. You can easily open a forex trading account from Zimbabwe.
Deriv Offers Flexible Methods To Move Funds Into & Out Of Traders' AccountsDeriv Zimbabwe allows local forex traders to deposit and withdraw using local payment methods like EcoCash, Zipit, Mukuru transfers and cash. This can be done via payment agents and the dp2p platform. Other brokers, on the other hand, mainly support funding options like Skrill, Neteller, Bitcoin, Bank transfers and credit cards.
These options are not easily accessible to the majority of Zimbabweans. As a result, they can't be chosen as the best forex brokers in Zimbabwe. Deriv Zimbabwe also offers quick withdrawal methods. For example, you can close your trades and withdraw your profits via payment agents or via DP2P in less than ten minutes.
This is a great advantage over other brokers that give a minimum of 24 hours of withdrawal time.
You Can Trade On Deriv Zimbabwe Without Verifying Your AccountAccount verification is an important process in the relationship between brokers and traders. However, the documents needed to verify a trading account like proof of residence are not easy to get for most Zimbabweans. This leaves a lot of local traders stranded as they cannot withdraw without verifying their accounts.
Fortunately, Deriv has an option that accommodates Zimbabwean forex traders. Deriv broker allows local traders to deposit and withdraw up to US$10 000 via payment agents without account verification. For more details read our post on How To Trade Without Verifying Your Account.
Deriv Zimbabwe Is A Reliable BrokerAll the points stated above would not count for much if the broker was not reliable and trustworthy. Deriv is a regulated broker that has been in existence since 2000. It's trusted by over 2 million traders worldwide as a testimony of its reliability.
Deriv Offers Forex, Binary Options, Synthetic Indices, Cryptocurrencies and Stock TradingDeriv broker offers a wide variety of trading instruments for Zimbabweans. This makes it very convenient as one account can be used to trade in different ways. This is different from some brokers that offer either forex trading only or binary options trading only.
You can even trade Nasdaq on Deriv.
Deriv Offers The Popular Synthetic IndicesSynthetic Indices are unique to Deriv and they have become very popular amongst Zimbabwean forex traders. Examples of the synthetic indices are Volatility 75, Crash & Boom and the Step Indices. These have a lot of advantages that have made them very attractive to Zimbabweans. You can read more about synthetic indices here.
Deriv Zimbabwe Allows You To Make Money Outside Of TradingDeriv Zimbabwe offers opportunities to make money without trading. There are two ways to do this. One way is to be a payment agent and make money by helping traders move money into and out of their trading accounts. You can learn more about how you can become a payment agent here.
Another way that you can earn money on Deriv without trading is by becoming an affiliate partner.
You will then refer people to trade on Deriv. This will allow you to earn a lifetime commission on the trades taken by your referred traders. You will be able to make passive income while you sleep. Becoming a Deriv affiliate partner is free and you can open an affiliate partner account here.
Open A Deriv Affiliate Partner Account Here
Conclusion On Deriv Being The Best Forex Broker For Zimbabweans
We have shown you how Deriv is the best broker for Zimbabweans offering convenient and Zimbabwean-friendly options. No other broker offers the same advantages for Zimbabwean traders at the moment. Arguably the best feature that Deriv has that makes it the best for Zimbabweans is its ability to accept local payment methods for deposits & withdrawals.
You can check out these other top five forex brokers for Zimbabweans.
Open A Free Deriv.com Account Here
Tell us about your experience with Deriv. Do you have any other broker that you think is good for Zimbabweans?
Frequently Asked Questions On Deriv Zimbabwe
Yes, Deriv is allowed in Zimbabwe and you can open your account here.
You can also check out these top five forex brokers for Zimbabweans.