Scam Forex Brokers in Namibia
6 Best Futures Trading Platforms in Namibia
The 6 Best Futures Trading Platforms in Namibia revealed. We tested and verified the best futures trading platforms for Namibian Traders.
This is a complete list of futures trading platforms in Namibia.
In this in-depth guide you’ll learn:
- What is a Futures Trading Platform?
- Which futures trading platforms are best for Namibian Beginners?
- Which futures trading platforms are available on mobile (IOS and Android) devices?
- Which brokers have interactive futures trading platforms?
- Which broker offers a low minimum deposit?
And lots more…
So if you’re ready to go “all in” with the best futures trading platforms for Namibians…
Let’s dive right in…
- Louis Schoeman
Best Futures Trading Platforms in Namibia (Updated 2024) – Comparison
| 🥇 Broker | 🎉 Open An Account | 💻 Offers Futures Trading Platform? | 💸 Minimum Deposit (NAD) | ✔️ Namibia NAD-based Account? | 💰 NAD Deposits Allowed? |
| 1. FP Markets | Open Account | Yes | 100 USD / 1,861 NAD | No | Yes |
| 2. HFM | Open Account | Yes | 0 USD / 0 NAD | Yes | Yes |
| 3. XM | Open Account | Yes | 5 USD / 98 NAD | No | Yes |
| 4. Trade Nation | Open Account | Yes | 0 USD / 0 NAD | No | No |
| 5. GO Markets | Open Account | Yes | 200 USD / 3,722 NAD | No | Yes |
| 6. FXTM | Open Account | Yes | 10 USD / 188 NAD | Yes | Yes |
10 Best Forex Brokers in Namibia
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is a Futures Trading Platform?
A trading platform that deals with futures is an electronic marketplace where traders can trade contracts for the purchase or sale of specific assets such as commodities, currencies, or stocks on a predetermined date and at a predetermined price.
6 Best Futures Trading Platforms in Namibia (Updated 2024)
- FP Markets – Overall, Best Futures Trading Platforms in Namibia
- HFM – Best MT4 Futures Trading Platform
- XM – Best Proprietary Mobile Trading App in Namibia
- Trade Nation – Best Fixed Spreads Futures Trading Platform
- GO Markets – Best Commission-Free Trading Broker
- FXTM – Best Futures Trading Platform with NAD Accounts
1. FP Markets
FP Markets is an Australian-based financial services provider that offers trading services in a wide range of financial instruments, including forex, stocks, indices, commodities, and futures. While the company primarily serves clients from Australia and other parts of the world, Namibia traders can also open accounts with FP Markets.
FP Markets offers both MetaTrader 4 and MetaTrader 5 trading platforms, which are popular among traders for their robust charting capabilities and advanced order types. The company also provides clients with access to a wide range of educational resources, including webinars, videos, and articles, to help them improve their trading skills.
When it comes to account types, FP Markets offers two main types of accounts: the Standard Account and the Raw Account. The Standard Account charges a small commission on trades and offers spreads starting from 1.0 pips, while the Raw Account charges no commission and offers spreads starting from 0.0 pips, making it a popular choice among scalpers and high-volume traders.
Overall Rating
- 4.7/5
Min Deposit
100 AUD / 1,200 NAD
Regulators
ASIC, CySEC, CMA, FSCA
Trading Desk
MT4, MT5, IRESS, cTrader, FP Markets App
Crypto
Total Pairs
63
Islamic Account
Trading Fees
Account Activation
In terms of regulation, FP Markets is licensed and regulated by the Australian Securities and Investments Commission (ASIC), which is known for its strict regulatory standards and investor protection measures.
Overall, FP Markets is a reputable and well-regulated broker that offers a range of trading services and resources that may be of interest to Namibia traders. However, traders need to conduct their own research and due diligence before opening an account with any broker.
FP Markets Overview
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, Myfxbook AutoTrade, FP Markets App |
| 💳 Minimum Deposit | 100 USD / 1861 NAD |
| 🔎 Trading Accounts | Standard, Raw |
| 📊 Spread | From 0.0 pips |
| 💰 Commissions | USD $3 per side |
| 📈 Maximum Leverage | 500:1 |
| ⚖️ Regulation | ASIC, CySEC, CMA, FSCA |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| FP Markets is well-regulated by ASIC and CySEC, two of the most reputable regulatory entities | FP Markets does not offer fixed spreads |
| FP Markets has a long-standing history of award-winning solutions and services | There are admin fees charged on the Islamic Accounts |
| The broker supports several flexible deposit and withdrawal methods and options | There is no NAD-based trading account offered |
| Traders can choose from over 10,000 financial instruments | |
| Namibia Traders can use local deposit and withdrawal methods | |
| Namibia Traders can make deposits/withdrawals in Namibia NAD | |
| An Islamic account and demo account are both offered | |
| There are competitive trading conditions offered | |
| There is a choice between trading accounts | |
| FP Markets supports several trading strategies |
2. HFM
HF Markets is a forex and commodities broker that offers trading services to clients around the world, including Namibia traders. The company was founded in 2010 and has since grown to become one of the leading forex brokers in the industry.
HF Markets offers a wide range of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies. The company offers several trading platforms, including MetaTrader 4 and MetaTrader 5, as well as a proprietary trading platform known as HF App.
In terms of account types, HF Markets offers several options, including Micro, Premium, Zero Spread, and Auto Account. Each account type offers different features and benefits, such as lower spreads, commission-free trading, and automated trading capabilities.
Overall Rating
- 4.8/5
Min Deposit
0 USD / 0 NAD
Regulators
FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Trading Desk
MetaTrader 4, MetaTrader 5, HF App
Crypto
No
Total Pairs
50+
Islamic Account
Trading Fees
Account Activation
HF Markets is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority (FSA) in Seychelles, and the Financial Conduct Authority (FCA) in the UK. These regulatory bodies are known for their strict regulatory standards and investor protection measures.
HF Markets also offers clients access to a range of educational resources, including webinars, video tutorials, and trading guides, as well as 24/5 customer support.
Overall, HF Markets is a reputable and well-regulated broker that offers a range of trading services and resources that may be of interest to Namibia traders. However, as with any broker, traders need to conduct their own research and due diligence before opening an account.
HF Markets Overview
| 💵 Minimum Deposit | 0 USD / 0 NAD |
| ✔️ Deposit Currencies | USD, AED, EUR, GBP, CHF, JPY, NZD, CAD, ZAR, and more. |
| 🔎 Trading Platforms | MetaTrader 4, MetaTrader 5, HF App |
| 📊 Starting spread | 0.0 pips |
| 💰 Minimum Commission per Trade | From $6 per round turn on Forex |
| 📈 Demo Account | Yes |
| ⚖️ Non-expiring Demo | Yes |
| ⏰ Demo Duration | Unlimited |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are tight, competitive spreads from 0.0 pips on EUR/USD | HFM only offers a few deposit and withdrawal methods to Namibia |
| There is a demo account for beginners who are learning to trade and professional traders who are testing strategies | |
| Namibia traders can register a trading account in either USD, ZAR, or NAD | |
| Several asset classes can be traded through HFM | |
| Namibia traders have access to MetaTrader 4 and 5 across desktops, mobile apps, and web-based platforms |
3. XM
XM is a forex and CFD broker that offers trading services to clients around the world, including Namibia traders. The company was founded in 2009 and has since grown to become one of the largest retail forex brokers in the industry.
XM offers a wide range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies. The company offers several trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary trading platform known as XM WebTrader.
In terms of account types, XM offers several options, including the Micro Account, Standard Account, XM Ultra Low Account, and Shares Account. Each account type offers different features and benefits, such as lower spreads, commission-free trading, and access to a wider range of financial instruments.
Overall Rating
- 4.7/5
Min Deposit
5 USD / 95 NAD
Regulators
FSCA, IFSC, ASIC, CySEC, DFSA, FCA
Trading Desk
MT4, MT5, XM Mobile App
Total Pairs
57
Islamic Account
Trading Fees
No (Just spread)
Account Activation
XM is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC). These regulatory bodies are known for their strict regulatory standards and investor protection measures.
XM also offers clients access to a range of educational resources, including webinars, video tutorials, and trading guides, as well as 24/5 customer support.
Overall, XM is a reputable and well-regulated broker that offers a range of trading services and resources that may be of interest to Namibia traders. However, as with any broker, traders need to conduct their own research and due diligence before opening an account.
XM Overview
| 💵 Minimum Deposit | 5 USD / 95 NAD |
| ✔️ Deposit Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
| 🔎 Trading Platforms | MT4, MT5, XM Mobile App |
| 📊 Starting spread | From 0.7 pips |
| 💰 Minimum Commission per Trade | From $1 per share |
| 📈 Demo Account | Yes |
| ⚖️ Non-expiring Demo | Yes, if it remains in use |
| ⏰ Demo Duration | Unlimited, but inactive accounts expire after 90 days |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are tight, competitive spreads from 0.0 pips on EUR/USD | HFM only offers a few deposit and withdrawal methods to Namibia |
| There is a demo account for beginners who are learning to trade and professional traders who are testing strategies | |
| Namibia traders can register a trading account in either USD, ZAR, or NAD | |
| Several asset classes can be traded through HFM | |
| Namibia traders have access to MetaTrader 4 and 5 across desktops, mobile apps, and web-based platforms |
4. Trade Nation
The FCA, ASIC, FSCA, and SCB all regulate Trade Nation, making it a reliable and secure broker.
Overall Rating
- 4.7/5
Min Deposit
USD 0 / 0 NAD
Regulators
FCA, ASIC, FSCA, SCB
Trading Desk
MetaTrader 4, Trade Nation proprietary platform
Crypto
Total Pairs
33
Islamic Account
No
Trading Fees
Account Activation
In addition to offering MetaTrader 4 (MT4), Trade Nation (TN) has also introduced its own app and trading platform that is exceptionally user-friendly and offers a large number of tradable assets to Namibian traders, with fixed spreads and the possibility of guaranteed stops.
Trade Nation Overview
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, Trade Nation proprietary platform |
| 💳 Minimum Deposit | USD 0 / 0 NAD |
| 🔎 Trading Accounts | Single retail account |
| 📊 Spread | From 0.6 pips |
| 💰 Commissions | None |
| 📈 Maximum Leverage | 1:200 |
| ⚖️ Regulation | FCA, ASIC, FSCA, SCB |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Trade Nation does not charge a minimum deposit, offering Namibian traders with flexibility | There is a limited selection of funding options |
| The broker offers transparent fixed financial spread trading across several asset classes | The spread costs are not the lowest in the industry |
| There is a powerful desktop platform, innovative mobile trading app, and web-based trading platform | There are leverage restrictions on the UK and Australian clients |
| There is commission-free trading offered | United States clients are not accepted |
| There is a wide selection of educational content and beginner guides as part of an all-inclusive education material package | Inactivity account fees may apply |
| There is a dedicated customer service team offered | |
| Trade Nation offers international stability through a well-established regulatory framework |
5. GO Markets
GO Markets is a forex and CFD broker that offers trading services to clients around the world, including Namibia traders. The company was founded in 2006 and is based in Australia, but has a global presence with offices in multiple countries.
GO Markets offers a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The company offers several trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary trading platform known as GO Plus+.
In terms of account types, GO Markets offers several options, including the Standard Account, the GO Plus+ Account, and the Professional Account. Each account type offers different features and benefits, such as lower spreads, commission-free trading, and access to a wider range of financial instruments.
Overall Rating
- 4.9/5
Min Deposit
200 USD / 3,766 NAD
Regulators
ASIC, CySEC, FSC
Trading Desk
MT4, MT5, cTrader, Copy Trading, Mobile Trading, WebTrader
Crypto
Yes
Total Pairs
60
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
GO Markets is regulated by several financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK. These regulatory bodies are known for their strict regulatory standards and investor protection measures.
GO Markets also offers clients access to a range of educational resources, including webinars, video tutorials, and trading guides, as well as 24/5 customer support.
Overall, GO Markets is a reputable and well-regulated broker that offers a range of trading services and resources that may be of interest to Namibia traders. However, as with any broker, traders need to conduct their own research and due diligence before opening an account.
GO Markets Overview
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5, cTrader, Copy Trading, Mobile Trading, WebTrader |
| 💳 Minimum Deposit | 200 USD / 3,766 NAD |
| 🔎 Trading Accounts | Plus+ Account, Standard Account |
| 📊 Spread | 0.0 pips |
| 💰 Commissions | $3.00 per side on standard lot |
| 📈 Maximum Leverage | Up to 500:1 |
| ⚖️ Regulation | ASIC, CySEC, FSC |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| There is a demo account offered | A limited selection of trading account types are offered |
| Traders can choose between MetaTrader 4 and MetaTrader 5 |
6. FXTM
FXTM (ForexTime) is a forex and CFD broker that offers trading services to clients around the world, including Namibia traders. The company was founded in 2011 and is headquartered in Cyprus, but has a global presence with offices in multiple countries.
FXTM offers a wide range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies. The company offers several trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary trading platform known as FXTM Trader.
In terms of account types, FXTM offers several options, including the Standard Account, the Cent Account, the Stock CFDs Account, and the ECN Account. Each account type offers different features and benefits, such as lower spreads, commission-free trading, and access to a wider range of financial instruments.
Overall Rating
- 4.6/5
Min Deposit
10 USD / 190 NAD
Regulators
CySEC, FSCA, FCA, CMA, FSC Mauritius
Trading Desk
MetaTrader 4, MetaTrader 5, FXTM Trader
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
FXTM is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. These regulatory bodies are known for their strict regulatory standards and investor protection measures.
FXTM also offers clients access to a range of educational resources, including webinars, video tutorials, and trading guides, as well as 24/5 customer support.
Overall, FXTM is a reputable and well-regulated broker that offers a range of trading services and resources that may be of interest to Namibia traders. However, as with any broker, traders need to conduct their own research and due diligence before opening an account.
FXTM Overview
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader |
| 💳 Minimum Deposit | 10 USD / 188 NAD |
| 🔎 Trading Accounts | Micro Account, Advantage Account, Advantage Plus Account |
| 📊 Spread | 0.0 pips, Variable |
| 💰 Commissions | From $0.4 to $2 |
| 📈 Maximum Leverage | 1:2000 |
| ⚖️ Regulation | CySEC, FSCA, FCA, CMA, FSC Mauritius |
| 🎉 Open Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| FXTM is a multi-regulated and award-winning forex broker | Inactivity fees are charged on dormant accounts |
| There is a dedicated customer support team available | FXTM does not offer its services to United States clients |
| There are several easy and quick funding and withdrawal methods offered | |
| There are three dynamic retail investor accounts to choose from with high maximum leverage ratios | |
| Low minimum deposit requirements and commission-free trading offered | |
| Deposit fees are not charged on any of the payment methods offered and the processing times on withdrawals are quick | |
| There is a selection of educational tools offered and research tools for experienced traders | |
| There is dedicated customer support offered in multiple languages |
Understanding Futures Trading in Forex
Futures trading in forex refers to the act of purchasing or selling a contract that permits traders to buy or sell a specific currency at a predetermined date and price in the future. These contracts are standardized and exchanged on futures exchanges, such as the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE).
Futures trading in forex can confer a multitude of advantages upon traders, including the ability to hedge against currency risk and the potential to engage in leveraged trading. Hedging allows traders to guard themselves against detrimental fluctuations in currency prices by taking a position in an offsetting futures contract. On the other hand, leverage allows traders to command a sizable amount of currency with a relatively small investment, which can amplify potential profits but also elevate potential losses.
In trading forex futures, traders must give careful thought to the underlying currency pair, contract size, expiration date, and margin requirements. Margin requirements are the amount of funds that traders must furnish to their broker to establish a futures position. Additionally, traders must take into account the possible hazards and rewards of trading futures, such as market volatility and liquidity.
Traders must have a comprehensive understanding of futures trading in forex before commencing trading, as well as develop a trading plan that incorporates risk management strategies. Traders may also want to consider teaming up with a reputable broker who proffers access to futures markets and provides support and resources to aid traders in making informed trading choices.
Benefits of Trading Forex Futures for Namibia Traders
Forex futures trading can offer several benefits to Namibia traders, including:
Hedging against currency risk:
Forex futures contracts allow traders to protect themselves against potential currency price fluctuations by taking an offsetting position in the futures market. This can help mitigate the risk of losses in the forex market.
Access to a wide range of markets:
Forex futures contracts are traded on centralized exchanges, which means traders have access to a variety of currency pairs and can trade in multiple markets.
High liquidity:
Forex futures are highly liquid, which means there are usually plenty of buyers and sellers, making it easier to enter and exit trades quickly.
Leverage:
Forex futures allow traders to control a large amount of currency with a relatively small investment, which can amplify potential profits but also increase potential losses.
Transparency:
Forex futures trading is highly regulated, with standardized contracts and transparent pricing on centralized exchanges, which can help prevent market manipulation and provide traders with greater confidence in the integrity of the market.
Diversification:
Forex futures trading can provide traders with an opportunity to diversify their portfolios by adding exposure to currency markets, which can help reduce overall portfolio risk.
Overall, forex futures trading can offer Namibia traders several advantages, including the ability to manage currency risk, access to multiple markets, and the potential for greater profitability. However, as with any type of trading, it is important for traders to have a solid understanding of the market and to develop a sound trading strategy with appropriate risk management measures in place.
How to Choose a Forex Broker
Choosing a forex broker is an important decision for any trader, as it can significantly impact their trading experience and profitability. Here are some factors to consider when choosing a forex broker:
Regulation
It’s important to choose a broker that is regulated by a reputable financial authority in their home country or the country where they operate. This provides a level of protection for traders, as regulated brokers must adhere to certain standards and rules.
Trading platforms
The broker’s trading platform should be user-friendly, and reliable, and offer a range of tools and features that suit the trader’s needs. Traders should consider whether the platform is available on desktop and mobile devices and whether it offers access to a range of financial instruments.
Spreads and fees
Traders should compare spreads and trading fees across different brokers to find the most competitive pricing. While low spreads can be beneficial, traders should also consider other fees such as commissions and swap rates.
Customer support
The broker should offer responsive and helpful customer support that is available through multiple channels, such as phone, email, and live chat.
Educational resources
The broker should provide educational resources such as webinars, tutorials, and market analysis to help traders improve their skills and knowledge.
Deposit and withdrawal options
Traders should consider the broker’s deposit and withdrawal options and ensure that they support their preferred payment methods.
Reputation
Traders should research the broker’s reputation online and look for reviews from other traders to get an idea of their experience with the broker.
By considering these factors, traders can choose a forex broker that meets their needs and helps them achieve their trading goals.
The Best Forex Brokers in Namibia
In this article, we have listed the best brokers which offer futures trading platforms for Namibia traders. Of these brokers, we have further identified the forex brokers that offer additional services and solutions to Namibia traders.
Best Forex broker offering an Islamic account for Namibia traders
Overall Rating
- 4.7/5
Min Deposit
100 AUD / 1,200 NAD
Regulators
ASIC, CySEC, CMA, FSCA
Trading Desk
MT4, MT5, IRESS, cTrader, FP Markets App
Crypto
Total Pairs
63
Islamic Account
Trading Fees
Account Activation
Overall, FP Markets is considered a low-risk broker and can be summarised as a trustworthy and reliable ECN broker for Futures Traders in Namibia. Regarding spread and security, FP Markets guarantees fast trading speeds from a few milliseconds when future trading in Namibia. In terms of users, FP Markets has over 10,000 registered traders.
Best cTrader Forex broker for Namibia traders
Overall Rating
- 4.1/5
Min Deposit
200 AUD / 2,500 NAD
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Desk
TradingView, MetaTrader 4, MetaTrader 5, cTrader, Capitalise.ai
Crypto
Yes (Not available in Africa)
Total Pairs
60+
Islamic Account
Trading Fees
Account Activation
Overall, Pepperstone is considered a low-risk broker and can be summarised as a trustworthy and reliable agency execution broker for Futures Traders in Namibia. Regarding spread and security, Pepperstone guarantees fast trading speeds from a few milliseconds when trading in Namibia. In terms of users, Pepperstone has over 8000 registered clients in the UK.
Best MT4 Forex broker for Namibia traders
Overall Rating
- 4.8/5
Min Deposit
0 USD / 0 NAD
Regulators
FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Trading Desk
MetaTrader 4, MetaTrader 5, HF App
Crypto
No
Total Pairs
50+
Islamic Account
Trading Fees
Account Activation
Overall, HFM is considered a low-risk broker and can be summarised as a trustworthy and reliable ECN broker for Future Traders in Namibia. Regarding spread and security, HFM guarantees fast trading speeds from a few milliseconds when futures trading in Namibia. In terms of users, HFM has over 2.5 million registered clients around the world.
Best proprietary mobile trading app for Namibia traders
Overall Rating
- 4.7/5
Min Deposit
5 USD / 95 NAD
Regulators
FSCA, IFSC, ASIC, CySEC, DFSA, FCA
Trading Desk
MT4, MT5, XM Mobile App
Total Pairs
57
Islamic Account
Trading Fees
No (Just spread)
Account Activation
Overall, XM is considered a low-risk broker and can be summarised as a trustworthy and reliable market-making broker for Futures Traders in Namibia. Regarding spread and security, XM guarantees fast trading speeds from a few milliseconds when futures trading in Namibia. In terms of users, XM has over 5 million registered clients around the world.
Best fixed spread Forex broker for Namibia traders
Overall Rating
- 4.7/5
Min Deposit
USD 0 / 0 NAD
Regulators
FCA, ASIC, FSCA, SCB
Trading Desk
MetaTrader 4, Trade Nation proprietary platform
Crypto
Total Pairs
33
Islamic Account
No
Trading Fees
Account Activation
Overall, Trade Nation is considered a low-risk broker and can be summarised as a trustworthy and reliable ECN broker for Futures Traders in Namibia. Regarding spread and security, Trade Nation guarantees fast trading speeds from a few milliseconds when futures trading in Namibia.
Best Forex broker with commission-free trading for Namibia traders
Overall Rating
- 4.9/5
Min Deposit
200 USD / 3,766 NAD
Regulators
ASIC, CySEC, FSC
Trading Desk
MT4, MT5, cTrader, Copy Trading, Mobile Trading, WebTrader
Crypto
Yes
Total Pairs
60
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Overall, GO Markets is considered a low-risk broker and can be summarised as a trustworthy and reliable ECN broker for Futures Traders in Namibia. Regarding spread and security, GO Markets guarantees fast trading speeds from a few milliseconds when futures trading in Namibia. In terms of users, GO Markets has over 6.5 million registered clients around the world.
Best Forex broker offering NAD accounts to Namibia traders in Lagos
Overall Rating
- 4.6/5
Min Deposit
10 USD / 190 NAD
Regulators
CySEC, FSCA, FCA, CMA, FSC Mauritius
Trading Desk
MetaTrader 4, MetaTrader 5, FXTM Trader
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Overall, FXTM is considered a low-risk broker and can be summarised as a trustworthy and reliable ECN broker for Futures Traders in Namibia. Regarding spread and security, FXTM guarantees fast trading speeds from a few milliseconds when futures trading in Namibia. In terms of users, FXTM has over 4 million registered clients around the world.
Conclusion
In Conclusion the Best Futures Trading Platforms are FP Markets, HFM, XM, Trade Nation, GO Markets and FXTM.
Each broker offers the ability to open an account and has a futures trading platform available. Minimum deposit requirements vary from 0 USD to 200 USD, accommodating traders with different capital levels.
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Frequently Asked Questions
What is futures trading?
Standardized futures contracts for the purchase or sale of currency at a predetermined date, time, and contract amount are known as forex futures. There are numerous futures exchanges where these contracts can be traded.
What is the difference between futures trading and spot forex?
Unlike forex spot trades, forex futures are traded on established exchanges, such as the Chicago Mercantile Exchange (CME), rather than over-the-counter (OTC) transactions.
What are the benefits of futures trading?
Futures trading provides access to direct market pricing, direct market data, and a greater variety of assets.
Can you trade futures on Forex?
Futures trading is a way to trade thousands of financial markets, such as forex, indices, shares, commodities and more.
How do you trade futures currency?
Before you can open a currency futures trade, the trader must have a set minimum amount of capital in their account, which is referred to as the margin. There are many currency futures contracts to trade; specifications for each one should be closely examined on the exchange website before being traded.
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