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Namibia

Forex brokers for traders in Namibia

None of the 50 brokers we review lists a licence from the Namibia Financial Institutions Supervisory Authority (NAMFISA) among the entities we confirmed.

Namibia

NAMFISA says online trading through a third party is not a regulated activity and warns against letting anyone else open or operate your trading account.

The brokers listed are regulated abroad unless a local licence is shown; we are a review site, not a broker or adviser. Information only, not financial advice.

Every broker we review, for traders in Namibia

Brokers with a local licence first. Local payment methods and withdrawal times from verified traders in Namibia.

Traded from Namibia? Share your withdrawal time to help other local traders.

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Frequently asked questions

Short answers, from the facts shown on this page.

Which forex brokers are regulated in Namibia?

None of the brokers we review lists a licence from the Namibia Financial Institutions Supervisory Authority (NAMFISA) among the entities we confirmed. Check the Namibia Financial Institutions Supervisory Authority (NAMFISA)'s own register before you open an account.

Who regulates forex brokers in Namibia?

The Namibia Financial Institutions Supervisory Authority (NAMFISA). You can check any firm on its website: https://www.namfisa.com.na.

What is the best forex broker in Namibia?

Among the brokers we review, FP Markets has the highest TFB Score (94/100, Excellent). The right broker still depends on your platform, payment method and budget.

Is FP Markets safe for traders in Namibia?

FP Markets does not list a licence from the Namibia Financial Institutions Supervisory Authority (NAMFISA). It holds 4 licences we matched to a register, 2 tier 1 (ASIC and CySEC). Your protection depends on which FP Markets company opens your account, so check the entity named in your account agreement.

Which broker has the lowest minimum deposit in Namibia?

FP Markets, GO Markets, HFM, IG, Global Prime, FxPro, ActivTrades, BlackBull Markets, OANDA, Saxo, CMC Markets, Interactive Brokers and Equiti list no minimum deposit among the brokers on this page. Minimums can differ by account type and payment method.

Which deposit and withdrawal methods work in Namibia?

Common local methods the brokers we review list: FP Markets (Card); GO Markets (Bank transfer, Card); Pepperstone (Bank transfer, Card); IC Markets (Card); ThinkMarkets (Bank transfer, Card); HFM (Bank transfer, Card); Tickmill (Card); Vantage (Bank transfer, Card); Admirals (Bank transfer, Card); Eightcap (Card); Fusion Markets (Bank transfer, Card); Axi (Bank transfer, Card); FOREX.com (Bank transfer, Card); IG (Bank transfer, Card); InstaForex (Bank transfer, Card); Exness (Card); Global Prime (Card); JustMarkets (Card); XM (Bank transfer, Card); City Index (Bank transfer, Card); FxPro (Card); FBS (Bank transfer, Card); NAGA (Card); ActivTrades (Bank transfer, Card); Moneta Markets (Card); Trade Nation (Bank transfer, Card); BlackBull Markets (Bank transfer, Card); FXCM (Card); Deriv (Bank transfer, Card); LiteFinance (Card); Markets.com (Bank transfer, Card); OANDA (Bank transfer, Card); AvaTrade (Card); Capital.com (Bank transfer, Card); Trading 212 (Bank transfer, Card); Saxo (Card); CMC Markets (Bank transfer, Card); Interactive Brokers (Bank transfer); Equiti (Bank transfer, Card); eToro (Bank transfer, Card); FXTM (Card); IronFX (Card); Libertex (Card); Plus500 (Bank transfer, Card); Dukascopy (Bank transfer, Card); Alpari (Bank transfer, Card); RoboForex (Card); Hantec Markets (Card).

How fast do brokers pay traders in Namibia?

We have no verified withdrawal reports from Namibia yet. Traded from Namibia? Add your withdrawal time in a review.

How do I check if a broker is licensed in Namibia?

Open the Namibia Financial Institutions Supervisory Authority (NAMFISA)'s register (https://www.namfisa.com.na), search the company name and licence number shown on the broker's site, and make sure the company that opens your account is the one on the register.

Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning