TOP 5 Binary Options Brokers in Zimbabwe
Finding the right binary options broker in Zimbabwe is a very difficult task. In this country, binary options are completely legal, but have no regulations. This means that any broker wishing to provide binary options in this country can do so without any legal obstacles. This leads to a situation where Zimbabweans can very easily lose money by registering with an unreliable broker. That’s why we’ve compiled a list of recommended binary options platforms that accept Zimbabwean residents.
Quick Pick:
Best for Beginners: Pocket Option
Most Trusted: Binomo & IQ Option
Low Deposit: Binarium
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As you can see, there is a lot to choose from. In our opinion, IQ Option will be the best choice in most cases. However, if you are looking for a broker that offers the best mobile trading, choose Expert Option. If you care about functions such as copying traders, signals, cashbacks, choose Pocket Option. However, if you are a complete beginner and your goal is to make as little deposit as possible, choose Binarium. However, if you plan to make a large deposit (over $1000), choose Binomo, which offers the best conditions for VIP clients.
IQ Option
IQ Option is a binary options broker that needs no introduction. It is the most popular platform in the world, which is characterized by a very high level of credibility and a modern platform. The broker has 7 certificates worldwide and the highest returns in the industry. You will not find any broker that offers better conditions than IQ Option. Unfortunately, due to the fact that the broker is heavily regulated, there are not many features available that are available from the competition. On the IQ Option platform you will not find the possibility of copying traders, trading signals, bonuses or cashbacks. If you primarily care about credibility, a modern platform with a lot of tools and the highest returns in the industry, choose IQ Option.
- Regulation: Yes, CySEC, FCA, CONSOB, REGAFI, AFM, CNB, CNMV
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: None
- Payouts: 98% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Zimbabwean Traders: Accepted
Expert Option
Expert Option was established in 2014 and in the first years of its operation it competed intensively with IQ Option. Over time, the broker changed target markets and focused on the development of the mobile application. Currently, the Expert Option app is considered to be the best app for trading binary options. The browser version is also great and has a lot of tools, but it is worth remembering that the browser version is good for any broker these days. Returns with Expert Option are very high (slightly lower than IQ Option). The broker offers variable trading conditions depending on how much deposit you make. Therefore, we suggest you make a minimum deposit of $50 if you want satisfactory returns. If you are looking for a broker that offers the best mobile app on the market, choose Expert Option.
- Regulation: Yes, IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: None
- Payouts: 90% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Zimbabwean Traders: Accepted
Pocket Option
Pocket Option is a very modern binary options platform that was established in 2017. The broker is distinguished by the fact that it is the only platform that offers so many functionalities. At Pocket Option you will find features such as copy traders, trading signals, bonuses, cashbacks, achievements and much more. In addition, the broker offers very attractive returns and the opportunity to trade on the weekend. Pocket Option is regulated by the IFMRRC, so you can rest assured that your money is kept securely. The regulator makes sure that the broker complies with all the regulations and the services are of the highest quality. If you are looking for a broker that offers numerous functionalities, choose Pocket Option.
- Regulation: Yes, IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: Up to 50%
- Payouts: 95% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes, Android & iOS
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Zimbabwean Traders: Accepted
If you open an account with this broker, you will receive a 50% deposit bonus!
Binarium
Binarium is the oldest broker on our list. The platform was established in 2012, but never gained such popularity as IQ Option or Expert Option. For a long time, the broker offered an outdated trading platform, but recently the broker has undergone a facelift and caught up with the competition. In our opinion, this is the best platform for beginner traders. Thanks to a low deposit (from $5) and a rich “education” tab, the broker is perfect for beginners. On the platform you will find a lot of tools, indicators and 20 ready-made strategies. If you are looking for a broker for beginners with a low minimum deposit, Binarium is the platform for you.
- Regulation: No
- Minimum Deposit: $5
- Minimum Trade: $1
- Bonus: Up to 100%
- Payouts: 95% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Zimbabwean Traders: Accepted
Binomo
Binomo is a very recognizable broker on the Asian market. Traders consider it the best broker for VIP clients. The broker offers variable conditions depending on how much you deposit. On the one hand, the minimum deposit on this platform is only $10, but unfortunately the conditions you get will be below average. If you deposit over $1000, you will get the best returns in the industry, beating even IQ Option. Additionally, you will get access to closed tournaments for VIP clients, a private account manager and weekly cashbacks. If you plan to make a larger deposit and are looking for the best possible investment conditions, choose Binomo.
- Regulation: Yes, International Financial Commission
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: Up to 75%
- Payouts: 85% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- Zimbabwean Traders: Accepted
If you open an account with this broker, you will receive a 25% deposit bonus!
Binary Options Brokers in Zimbabwe – Conclusion
As you can see, the choice of brokers is very large. Each platform on the list has been thoroughly checked and verified by us. You can find full reviews of these platforms on our website. All the platforms on this list offer a free demo account. To open an account, all you need to do is go to the broker’s website, then click “register” and enter your email address and password. Payment of the deposit and trading does not require any verification. If you want to withdraw money, it will be necessary to verify your identity and address. To do this you need to send a photo of your ID card or passport and send a utility bill as proof of address. Verification is necessary with every broker in the world because it protects the platform against money laundering.