The Best Forex Trading Apps in Zimbabwe ✅ Updated 2024

The Best Forex Trading Apps in Zimbabwe

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

Visit broker

#1 Best forex trading app In Zimbabwe

Deriv sign up

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

  1. 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.
  2. Download the DMT5 app for your device on the links below
    Android
    Apple
    Huawei
  3. 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

Is Deriv MT5 a reliable app?

Yes, the DMT5 is a reliable app that you can trade on securely

What can you trade on DMT5

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.

Stay on top of the markets and trade online wherever you are 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.

Download the HFM app and start trading today
Download the HFM app and start trading today

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

  1. Open a HFM account here. You can open a demo or real account.
  2. Download the HFM version for your device here.
  3. 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

How do you use the HFM app?

Create an HFM account here and then download the HFM app here. Login and then start trading

Can I use the HFcopy service on the HFM App?

Yes, you can use HF Copy on the HFM App. You can find it under “Menu” in the bottom navigation.

Can I open and manage other account types on the HFM App?

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).

I am an existing client. How can I start trading within the HFM App?

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

Xm App download
Download 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.

  1. Sign Up for an XM Account here
  2. Download the relevant XM app for your device (iPhone, Android or PC) on this link.
  3. 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
Micro AccountStandard accountUltra Low AccountShares Account
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

How do I get 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.

Is XM app real or fake?

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.

What instruments can I trade on the XM App?

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.

Can I use the XM App alongside the MT4 or MT5 platform?

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.

Is XM a good trading app?

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.

FBS Level Up Bonus $140

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

  1. Open an FBS Account here
  2. Download the Fbs App here
  3. 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

Is FBS Trader good for beginners?

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.

What is FBS app?

FBS Trader, a mobile trading app developed by FBS for traders to have easy access to the markets.

What instruments can I trade with FBS Trader?

You can trade forex assets, as well as energies, commodities, stocks, and cryptocurrencies.

Is FBS Trader a regulated trading platform?

Yes, the FBS Trader app was created by FBS broker and, therefore, is regulated in the same way as the broker.

fbs trader app

 

#5 Best forex trading app In Zimbabwe

ava Trade

AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several top-tier financial authorities, including the Central Bank of Ireland.

 

  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

ava social

 

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 Review
    XM VISIT XM

    READ REVIEW

    HFM VISIT HFM

    READ REVIEW

    FBS VISIT FBS

    READ REVIEW

    SUPERFOREX VISIT SUPERFOREX

    READ REVIEW

    INSTAFOREX VISIT INSTAFOREX

    READ REVIEW

  • 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

Can you trade forex on your phone?


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

What's the best forex trading app for beginners?

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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