If you're looking to get into forex trading in Zimbabwe, there are a variety of apps available to help you get started.
From user-friendly platforms for beginners to advanced tools for experienced traders, we've compiled a list of the top trading apps in Zimbabwe to help you take your forex trading to the next level.
We have tested and reviewed these apps from the best forex brokers in Zimbabwe.
Top Three Trading Apps In Zimbabwe
HFM
HFM (Formerly Hotforex) is the most preffered broker for trading currencies with low spreads & low minimum deposit of just $5
XM
XM is a cost-effective, award-winning broker with a wide variety of trading assets and flexible deposit methods.
#1 Best forex trading app In Zimbabwe
Deriv is the most popular broker in Zimbabwe. It is favoured mostly due to its unique synthetic indices like v75 which are not offered by any other broker.
Deriv MT5 gives you access to multiple asset classes – forex, stocks & indices, cryptocurrencies, commodities, and derived — on a single platform. With exclusive access to innovative trade types, Deriv brings the MT5 experience to a superior level for both new and experienced traders.
With the calculators and numerous analytical tools available on the Deriv MT5 platform, you’ll be able to manage your capital and trading positions better.
The Dp2p app allows traders to deposit and withdraw using local payment methods like Ecocash, Zipit and One Money.
Features Of The DMT5 App
- Multiple assets on a single platform
- Trade round-the-clock, even on weekends, with synthetic indices
- Quick demo account sign-up
- Open and close your positions in real time
How To Get The DMT5 App
- Sign Up for a DMT5 account here. Start by creating a demo account and then create a real account. This post shows you step-by-step instructions on how to create a DMT5 account.
- Download the DMT5 app for your device on the links below
– Android
– Apple
– Huawei - Log in to your account on DMT5 and start trading
| Deriv snapshot | |
|---|---|
| Minimum deposit | $5 |
| Mobile app score | 4.3stars |
| Inactivity fee | No |
| Assets | Cryptocurrencies, Currencies, Stocks, Binary Option, Synthetic Indices |
| Deposit methods | Zipit, Mukuru, Ecocash, Credit/debit cards, Crypto, Cash |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Deriv, check out our review |
Frequently Asked Questions On The DMT5 App
Yes, the DMT5 is a reliable app that you can trade on securely
You can trade forex, stocks & indices, cryptocurrencies, commodities, and synthetic indices on DMT5
#2 Best forex trading app In Zimbabwe
HF Markets(formely Hotforex) is an award-winning forex, Indices, Stocks and commodities global broker headquartered in the UK. The broker boasts of over 3,5 million accounts opened by happy clients and it has won over 25 industry awards.
The broker is popular among Zimbabwean forex traders and it has offices in Harare. A low minimum deposit of $5 attracts a lot of traders to HF Markets.
Put the global markets in the palm of your hand with the HFM app.
Simple, fast and feature-rich, the award-winning mobile application takes you from insight to action by offering you a fully customized mobile trading experience.
The HFM app is available for both new and existing clients. You can also use it on Android and iOS.
HFM supports a wide range of payment options, including all major credit and debit cards, wire transfers, Skrill, Neteller, and Bitcoin (some country restrictions may apply).
Features Of The HFM App
- Open, close and modify positions anytime as long as markets are open
- Securely access and manage multiple accounts
- customizable charting tools and popular indicators
- real-time quotes and market-moving news
- Access 24/5 multilingual support
- Trade derivatives across forex, stocks, commodities, bonds, ETFs and indices.
- Get a detailed history of your trades and analyze your performance.
- Add instruments to your Favourites to seize market opportunities.
How To Get The HFM App
- Open a HFM account here. You can open a demo or real account.
- Download the HFM version for your device here.
- Log in to your account and start trading
| HFM snapshot | |
|---|---|
| Minimum deposit | $5 |
| Mobile app score | 4.7 stars |
| Inactivity fee | No |
| Assets | Cryptocurrencies, Currencies, Stocks, Metals, Synthetic Indices |
| Deposit methods | Credit/debit cards, Crypto, E Wallets, Local transfers |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of HFM, check out our review |
Frequently Asked Questions On The HFM App
Create an HFM account here and then download the HFM app here. Login and then start trading
Yes, you can use HF Copy on the HFM App. You can find it under “Menu” in the bottom navigation.
Yes, you can open any other trading account type for MT4/MT5 platforms and manage them with ease, in-app (e.g., open an account, manage funds).
For existing clients, you need to download or update to the latest version of the HFM App through Google Play or the App Store. Then, you simply open a Live or Demo Premium trading account on the HFM platform.
#3 Best forex trading app In Zimbabwe
XM is an internationally regulated and licensed broker with more than 3.5 million clients in over 200 countries with access to trading more than 1,000 instruments. XM traders can choose between the popular MetaTrader 4 or MetaTrader 5 platforms or access the XM WebTrader through their browser.
Experience a seamless mobile trading experience today, with the new and improved XM MT4 & MT5 app.
Features of the XM App
- Trade Forex, CFDs on Cryptos, Commodities, Stocks and more
- Instant order execution and no re-quotes
- Account customization options in-app
- Mobile deposits and withdrawals
- Advanced, up-to-the-minute charts
- Over 90 trading indicators
- The latest news, analysis, and market research
- MT4 & MT5 compatible
How to Download the XM MT4 & MT5 App
Follow these 3 easy steps to start using the XM app today.
- Sign Up for an XM Account here
- Download the relevant XM app for your device (iPhone, Android or PC) on this link.
- Verify your account and log in to the XM app and start trading on the go.
XM Snapshot
| Official Website | https://www.xm.com/ | |
| Headquarters | Republic of Cyprus | |
| Account Types |
|
|
| Regulators | CySEC, ASIC, IFSC | |
| Products offered | Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares | |
| Minimum Initial Deposit | 5$ or more depending on account type | |
| Platforms | MT4 and MT5 | |
| Deposit Options & Withdrawal Options | Bank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, and more. |
|
| Trading Fees | Low | |
| Maximum Leverage | 1:888 | |
| Bonuses | Yes | |
| Supported currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR & more | |
| Customer Support | 24/5 Live Help |
Frequently Asked Questions On The XM App
Open your XM account here and then go to the XM app download page here. Download the app and log in to your trading account.
XM is an internationally regulated and licensed broker with over 3.5 million clients in over 200 countries. It is a legit broker and you can trade using the XM app confidently.
You can trade all the instruments available at XM including Crypto CFDs, Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.
Yes, you can use either the XM App or the MT4/MT5 platform. Any trading performed via the XM App will be reflected on your MT4 or MT5 platform and vice versa.
Yes, it offers a user-friendly interface, a wide range of trading instruments, and competitive pricing. It also has a good reputation for customer service and support
#4 Best forex trading app In Zimbabwe
FBS offers a powerful rading Platform in a mobile format called FBS trader. The innovative app allows you to trade a wide range of assets 24/5 on the go. Analyze price movements and make informed decisions with comprehensive charts and tools
The good news is that you can get up to $140 bonus to trade by using the FBS app.
Whats even more exciting is that you can activate cashback in the FBS Trader app and earn up to 20% of spread for every trade. More trades — more Cashback! Perfect for everyone who trades mobile.
The broker is suitable for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.
Features of the FBS Trader
- Secure, fast, and outstanding
- Trade Forex, stocks, crypto, metals, and energies
- deposit and withdraw seamlessly using over 100 payment methods
- 24/7 multilingual chat support
- Easy-to-use trading app
How To Get The FBS Trader App
- Open an FBS Account here
- Download the Fbs App here
- Log in and start trading
FBS Overview
| Broker's Name | FBS |
| Regulation | CySEC, ASIC, IFSC, FSCA, |
| Year Founded | 2009 |
| Minimum deposit | $1 for the cent account, $5 Micro Account, $500 Zero Spread Account |
| Maximum Leverage | 1: 3000 |
| Islamic Account? | Yes |
| Types of assets traded | Forex, commodities, bonds, shares, indices, stocks, CFDs, metals, energies |
| Supported lot sizes | 0.01 – 500 |
| Demo account | Yes |
| Languages supported on the Website | Deutsch,English,Español,Français,Italiano,Português |
| Payment methods | Neteller; Sticpay; Skrill; Perfect Money, Mastercard |
| Contests & Bonuses? | Yes |
| Are multiple accounts supported | Yes |
| Is PAMM supported | No |
| Is CopyTrader supported? | Yes |
Frequently Asked Questions On The FBS Trader App
This mobile app for trading is a great choice for novice traders. Thanks to its intuitive and user-friendly interface, as well as the in-built Education, the FBS Trader app is much easier to use for beginners.
FBS Trader, a mobile trading app developed by FBS for traders to have easy access to the markets.
You can trade forex assets, as well as energies, commodities, stocks, and cryptocurrencies.
Yes, the FBS Trader app was created by FBS broker and, therefore, is regulated in the same way as the broker.
#5 Best forex trading app In Zimbabwe
| AvaTrade snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.7stars |
| Inactivity fee | Yes |
| Currency pairs | 55 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of AvaTrade services, check out our review |
How to Choose the Best Forex Trading App In Zimbabwe
Forex trading apps have become increasingly popular among traders who want to stay on top of the market and make trades on the go. But with so many options available, how do you choose the best one for your needs?
In this guide, we'll explore the top factors to consider when selecting a forex trading app, including security, user experience, and more.
- Trading Goals
Determine your trading goals. First, decide if you want to be an active trader, passive trader, long-term investor, forex trader, or options trader. -
Assess Licences and Regulatory Approvals
Deriv Visit Deriv
Read ReviewXM VISIT XM HFM VISIT HFM FBS VISIT FBS SUPERFOREX VISIT SUPERFOREX INSTAFOREX VISIT INSTAFOREX - Decide on the assets you want to trade
Different trading apps give you access to trade different assets. For example, DMT5 from Deriv allows you to trade synthetic indices. The HFM app allows you to trade currencies and stocks.
Knowing what you want to trade will ensure that you download the best trading app in Zimbabwe for your needs. - User Experience and Interface.
Another important factor to consider when choosing a forex trading app is the user experience and interface. Look for an app that is easy to navigate and has a clean, intuitive design.
The app should also offer a variety of tools and features to help you make informed trading decisions, such as real-time market data, charting tools, and customizable alerts - Customer Support and Education.
Look for an app that offers comprehensive educational resources, such as tutorials, webinars, and articles, to help you improve your trading skills and stay up-to-date on market trends.
Additionally, consider the availability and quality of customer support, such as live chat, phone support, and email support, in case you encounter any issues or have questions about the app's features.
Frequently Asked Questions On The Best Trading Apps In Zimbabwe
Yes, if you have a modern smartphone running either an Android or iOS operating system, you can install Forex trading apps on your phone. The following are the best forex trading apps
– Deriv Metatrader 5
– HFM App
– XM App
Deriv Metatrader 5 is the best app for beginners as it has an easy-to-use interface with all the best tools available on the market.
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