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Broker comparison

10 brokers that accept Namibian traders

Side-by-side comparison of the brokers our community asks about most. Figures below are indicative and change over time; always verify the current terms on the broker's own website before opening an account.

BrokerFoundedRegulatorsMax leverageMin depositPlatformsEUR/USD spreadDeposit optionsBest forSite
Weltrade logo

Weltrade

Silnta pick
2006FSA (SVG)1:1000$25MT4, MT5From 1.5 pipsBank card, e-wallets, crypto, local agentsBeginners and local deposit supportVisit
Deriv logo

Deriv

Silnta pick
1999MFSA, BVI FSC, VFSC1:1000$5Deriv Trader, MT5, Deriv XFrom 0.5 pipsBank card, e-wallets, crypto, payment agentsSynthetics and low minimum depositsVisit
XM logo

XM

Silnta pick
2009CySEC, ASIC, FSC1:1000$5MT4, MT5From 1.0 pipsBank card, wire, e-walletsEducation, webinars and bonusesVisit
Exness logo

Exness

Silnta pick
2008FCA, CySEC, FSCA1:2000$10MT4, MT5, Exness TerminalFrom 0.3 pipsBank card, e-wallets, cryptoFast withdrawals and tight spreadsVisit
HFM (HotForex) logo

HFM (HotForex)

2010FCA, CySEC, FSCA1:2000$5MT4, MT5, HFM AppFrom 1.2 pipsBank card, wire, e-wallets, cryptoCopy trading and PAMM accountsVisit
IC Markets logo

IC Markets

2007ASIC, CySEC, FSA1:500$200MT4, MT5, cTraderFrom 0.0 pipsBank card, wire, e-walletsScalpers and algorithmic tradersVisit
FBS logo

FBS

2009CySEC, ASIC, IFSC1:3000$5MT4, MT5, FBS AppFrom 0.7 pipsBank card, e-wallets, cryptoHigh leverage and cent accountsVisit
AvaTrade logo

AvaTrade

2006ASIC, FSCA, CBI1:400$100MT4, MT5, AvaTradeGO, WebTraderFrom 0.9 pipsBank card, wire, e-walletsRegulation-focused tradersVisit
Pepperstone logo

Pepperstone

2010FCA, ASIC, CySEC1:500$0MT4, MT5, cTrader, TradingViewFrom 0.0 pipsBank card, wire, e-walletsExperienced traders and execution speedVisit
FXTM logo

FXTM

2011FCA, CySEC, FSC1:2000$10MT4, MT5, FXTM TraderFrom 1.3 pipsBank card, wire, e-wallets, local methodsFlexible account typesVisit

Silnta is an education platform, not a broker and not a financial adviser. Broker details such as leverage, spreads, minimum deposits and regulation change frequently and vary by account type and the legal entity you register under; confirm everything directly with the broker. Some links on this page may be referral links. Trading leveraged products carries a high level of risk and you can lose more than your initial deposit.