Compare 4 Best CFD Brokers in Namibia 2025

We review 63+ of the best CFD trading platforms in Namibia to find the most secure brokers with low spreads.
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Updated on Jun 4, 2024
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This detailed guide is the result of our extensive research. We’ve picked out the top CFD trading platforms that offer the best service to help you start CFD trading in Namibia.

To identify the best services, we created a checklist of key criteria that a Namibia CFD broker must meet in order to earn a high ranking. The features it must offer include:

  • Regulatory approval from the Namibia Financial Institutions Supervisory Authority (NAMFISA), the financial regulator in Namibia
  • A low-cost way to trade CFDs in Namibia
  • A free demo account for beginners
  • A significant number of available trading instruments, including stocks, forex, commodities, and crypto CFDs where available

The results are clear: Our panel recommends IG Markets as the best CFD broker in Namibia for 2025.

Best CFD brokers Namibia

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Alongside IG Markets , a number of other Namibia CFD brokers impressed the experts. We rank these platforms highly, as CFD trading platforms in Namibia that offer a secure, simple, and low cost trading experience.

We found 10 online brokers for users based in

IG review
4.4
IG Markets
Min. Deposit n/a
Fees Spread only
No. assets 17000+
Demo account Yes

IG review

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

AvaTrade review
4.3
AvaTrade
Min. Deposit $100
Fees From 0.13%
No. assets 1250+
Demo account Yes

AvaTrade review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best CFD brokers in Namibia
Min. Deposit n/a
Fees
No. assets n/a
Demo account

Our top 4 best CFD trading platforms in Namibia, reviewed & compared

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We found 10 online brokers for users based in

1. IG Markets: Best for trusted and transparent trading

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4
Ratings

$-

Min. deposit

From 0.5%

Fees

17,000

No. assets

Yes

Demo account

Overview

We love IG because it’s one of the most established and reputable names in the online trading industry, known for its reliability, comprehensive offerings, and strong regulatory compliance. In the United States, IG recently changed its name to TastyFX and is focused solely on forex trading. 

TastyFX is America’s fastest growing forex brokerage and as you’d expect from a subsidiary of IG, it offers excellent service with a wide selection of tools and features. Not only will you have access to over 80 forex pairs like EUR/USD, GBP/USD, and USD/JPY, but you’ll also pay $0 commission and have spreads starting from just 0.8 pips. 

What makes TastyFX stand apart from other US brokers is its excellent bonus schedule. After creating an account you can access up to $10,000 in cash bonuses. You cna also earn up to 15% rebate cashback every month. 

The fees: TastyFX has a clear and easy to understand fee schedule. It is a commission free brokerage and only charges a spread. Spreads are variable and generally lower for more liquid currency pairs. Spreads are as low as 0.8 pips for EUR/USD. Forex markets offer up to 50:1 leverage, or 2% margin requirements, on forex pairs like EUR/USD and USD/CAD.

Highlights

Fees & Costs

Pros & Cons

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

2. AvaTrade. Best regulated broker for secure trading

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Avatrade_logo
4
Ratings

$100

Min. deposit

From 0.13%

Fees

1,300

No. assets

Yes

Demo account

Overview

We love AvaTrade because it is a reliable CFD broker, that gives users access to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on the price movements of various currency markets without owning the underlying assets. AvaTrade is a multi asset brokerage firm and includes CFDs for multiple forex pairs including EUR/USD, GBP/USD, USD/JPY, and more. 

AvaTrade is also highly regarded for its strong regulatory framework and commitment to security. AvaTrade is regulated in multiple jurisdictions, including Europe, Australia, Japan, South Africa, and the British Virgin Islands, which means it must adhere to stringent regulatory standards across the world. 

AvaTrade isn’t just well regulated, it also employs advanced security measures to protect client funds and personal information, including segregated accounts and robust encryption technology. 

The fees: There is no commission on any trading. AvaTrade makes money from the Bid/Ask spread instead. Forex spreads start at 0.7 pips. Positions left overnight are charged a swap fee that varies depending on size. An inactivity fee of £/€/$50 per month is applicable if you don’t log in to your account for three consecutive months.

Highlights

Fees & Costs

Pros & Cons

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

3. Exness. Best for tight spreads and a pro-style trading experience.

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4
Ratings

$10

Min. deposit

From $0.2 per lot

Fees

300

No. assets

Yes

Demo account

Overview

We love Exness because of its tight spreads, which make it a top choice for traders looking to minimize trading costs and maximize profitability. The brokerage offers some of the most competitive spreads in the industry, especially on markets like crypto. Excess offers 35+ cryptocurrencies via CFDs from various markets including metals, energy, and agriculture.

Its focus on low trading costs is ideal for both newbies and experienced traders looking to trade with minimal overheads. Exness also stands out for its range of trading terminals. It offers MetaTrader 4, MetaTrader 5, and the Exness web terminal. There’s also a dedicated mobile app meaning you’ll be able to always access your account. 

Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the hundreds of pre built indicators available on the MetaTrader suite. 

The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks, 1 pip on forex trades, and 7 pips on cryptocurrencies. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

Fees & Costs

Pros & Cons

Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

4. Pacific Union. Best for social trading & customer support

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pacific union logo
4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

Pros & Cons

Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.
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Yes, you can legally trade CFDs in Namibia. However, certain aspects of CFD trading are regulated by the Namibia Financial Institutions Supervisory Authority (NAMFISA). The restrictions generally work in your favour, as they are designed to protect traders from large, unexpected losses.

Primarily this means there are limitations on the amount of leverage that CFD brokers in Namibia can offer, along with a limit on the maximum losses any retail customer account can experience. In addition, they must clearly warn traders of the risks involved so you can make informed trading decisions.

How to find a reliable CFD broker in Namibia

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The key features that separate the best CFD broker in Namibia from the rest are security, cost, the range of markets available. Keep those in mind and you won’t run into too many problems. 

If you need more help making up your mind, use this short Q&A to find the best CFD trading platform in Namibia.

Are CFD brokers in Namibia regulated?

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Yes, CFD trading platforms in Namibia are licensed and regulated by the Namibia Financial Institutions Supervisory Authority (NAMFISA). The Namibia Financial Institutions Supervisory Authority (NAMFISA) sets the rules on Namibia CFD trading, such as how much leverage is available when you trade a contract for difference (CFD), along with which assets and markets are available.

How else do CFD trading platforms in Namibia protect me?

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The top CFD brokers in Namibia offer negative balance protection, which is a form of insurance that protects you from losing more money than you have in your account. This is particularly useful if you use leverage or short CFDs, as it’s possible to lose significantly more than the initial value of your trade.

A Namibian CFD broker should also protect you by providing Two Factor Authentication (2FA) to secure your account and with a customer service line that’s always open and available to help. 

What types of Namibian CFD brokers are there?

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Most of the time, you’re going to be dealing with market makers. A market maker is a CFD broker in Namibia that effectively creates a market for any asset at all times, so you can always buy or sell.

Other forms of Namibia CFD brokers include direct market access (DMA) brokers or STP/ECN brokers. These offer faster trade execution or allow you to buy and sell from other traders directly, rather than through an intermediary. Though the truth is that these services are geared towards professional or high volume traders, rather than casual users.

How much do CFD brokers in Namibia cost?

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Most CFD brokers in Namibia offer no-commission trading, so you don’t have to pay each time you make a trade. However, the costs come elsewhere, usually in the form of the spread.

The spread is the difference between the buy and sell price of a contract for difference (CFD). The best Namibia CFD trading platforms make money by taking a cut of that difference, so you can compare the costs of using different platforms by comparing the spreads. The lower the difference between the buy and sell price, the more cost-effective a platform is.

Which assets can I trade through a Namibia CFD broker?

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Any CFD broker in Namibia will offer currency and commodity markets. CFDs are the most common way to trade forex and commodities like gold and oil.

Then the rules can change depending on the whims of the Namibia Financial Institutions Supervisory Authority (NAMFISA). Generally, you can trade stock CFDs, though the available companies may vary. In addition, you may be able to trade:

  • Crypto CFDs
  • ETF CFDs
  • Indices CFDs

Though the regulation for crypto CFDs, in particular, can change rapidly.

To buy and sell the underlying assets, rather than using CFDs, consider using the best trading platforms in Namibia, the best forex brokers in Namibia, or the best crypto exchanges in Namibia.

Can I use leverage to trade CFDs in Namibia?

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Yes, it’s common and legal to trade CFDs with leverage in Namibia. The maximum permitted leverage is set by the Namibia Financial Institutions Supervisory Authority (NAMFISA), and all CFD brokers in Namibia must abide by those rules.

In reality, each CFD broker in Namibia also offers differing leverage on different assets. Currency pairs offer the most leverage, as it’s a vital part of successful forex trading, while stock and crypto CFDs generally offer the lowest.

Are there any other ways to trade?

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Yes, one of the most appealing aspects of CFD trading for beginners is the fact you can use CFDs to trade for and against the market. Shorting is when you place a trade on an asset or market to fall in value, and is a very popular way to trade.

Because of that, you can also use CFDs to hedge other trades that you have open. This is where you place a trade on the opposite position to one you made previously. It’s used as a risk management strategy to minimise losses or lock in profit in case something changes.

Do CFD platforms in Namibia offer professional trading accounts?

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Yes, generally they do, although the qualifications can be steep. Most of the best trading platforms in Namibia offer a retail account to all users, then provide faster execution speeds or lower spreads to high volume users who must meet certain capital requirements.

These accounts are only accessible to a small number of people, who have both significant starting funds and a high annual turnover. Unless you can supply the equivalent of at least $500,000 as a qualifying deposit, it’s unlikely you’ll be able to sign up to a professional account with any Namibian CFD provider.

How to start trading CFDs in Namibia

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Follow this guide to learn how to use a CFD trading platform in Namibia and to place your first CFD trade.

Step 1. Create an account

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Choose the best CFD broker in Namibia and sign up with your email and contact details. You may be asked to supply some photo ID to meet Namibia Financial Institutions Supervisory Authority (NAMFISA) regulations.

Step 2. Deposit some money

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Fund your account with your favoured payment method. Most CFD brokers in Namibia accept bank transfers, card payments, and some e-wallets like PayPal.

Step 3. Choose what to trade

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Search for the asset you want to trade. Stock CFDs can be found by searching for the correct ticker symbol, and the same is true for currency pairs, commodities, and crypto CFDs as well.

Step 4. Decide whether to go long or short, and set your position size

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Choose whether to buy (go long) or sell (short) the asset. Then enter how much you want to trade (this is known as the ‘margin’) and how much leverage you want to use.

Step 5. Finalise the trade

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Check the details and execute the trade once you’re happy with it. After that, keep monitoring the position regularly until you’re ready to close it out. Consider setting stop-loss limits to protect you from unexpected swings in the market.

To summarise

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CFD trading is a popular and accessible way to trade for all Namibia users, but there are a few risks as well. Namibian CFD providers give you access to global markets and a greater range of trading options, so you can back markets to go both up and down.

However, using leverage can lead to significant losses and, with CFDs, you don’t own the underlying assets themselves, so you have less investor protection than – for example – company shareholders.

This guide picks out the 4 best CFD brokers in Namibia, based on their cost, accessibility, and the range of products available. Once you fully understand the pros and cons, choose any of the top CFD trading platforms above to get started with. It only takes a few minutes to start trading CFDs in Namibia. 

FAQs

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01

Which CFD broker in Namibia has the lowest spreads?

02

Which CFD broker in Namibia has the most stocks to trade?

03

Which CFD trading platform in Namibia has the best mobile app?

04

Which CFD broker in Namibia has the best leverage & margin rates?

05

Do I have to pay tax on money I make from CFD trading in Namibia?


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...