- Find the best broker for your trading needs
- Compare spreads, fees, and platforms
- Read in-depth reviews and analysis
Page Navigation
Select a different country or region to view content tailored to your location.
FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. For more detailed information click this link.
<p>Chris manages the relationships with our partners to provide our users with the best Forex trading experience possible. Chris has 15+ years of experience in research, editorial and design for political and financial publications. His background has given him a deep understanding of international financial markets and the geopolitics that affect them.</p>
First introduced in 2011, the cTrader platform now rivals other platforms like MetaTrader 4 and MetaTrader 5 thanks to its modern design, advanced order protection, depth of market indicator, advanced charting, and built-in copy-trading.
More experienced traders will like cTrader’s server-side trailing stop and advanced charting, while beginners will like its clear layout and the cTrader Copy feature. All traders will breathe easier knowing that cTrader is maintained by Spotware and cannot be altered by fraudulent brokers. Whatever the reason for your interest in cTrader, these are the best cTrader brokers in the world. They have been selected for their low trading costs, range of instruments, and quality of educational content.
Trusted. Transparent. Tested.
For over a decade, we’ve set the standard in forex broker reviews—collecting thousands of data points yearly to deliver unbiased, expert-backed insights.
Skip the trial and error! Below, you’ll find the best forex brokers for Zambian traders for 2025—thoroughly tested, verified, and ranked, so you can trade with confidence.
You can either use the arrow button or swipe on mobile
Broker | Official Site | cTrader | Regulated By | Website Language: English | Support Language: English | Compare | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
 | USD 100 | 30:1 | Yes |      | 2241 | 70 | No | No | |||
 | USD 0 | 30:1 | Yes |    | 1597 | 90 | No | No | |||
 | USD 200 | 30:1 | Yes |  | 1744 | 64 | No | No | |||
 | AUD 100 | 30:1 | Yes |  | 10162 | 70 | No | No | |||
 | EUR 100 | 30:1 | Yes |  | 1092 | 74 | No | No |
Select another broker to another broker to compare features, fees, and platforms side by side.
Find Your Ideal Forex Broker
0.4 pips
SCB, DFSA, FSCA, FCA, CySEC
USD 100
FxProEdge, cTrader, MT5, MT4
30:1
FxPro offers a true NDD model on cTrader, ideal for scalpers and day traders in Zambia, with ultra-fast execution speeds averaging 11.06 ms.
Regulated by the FCA, CySEC, and FSCA, FxPro provides Zambian traders with peace of mind through negative balance protection and segregated accounts.
FxPro Edge and Trading Central provide deep analytics, not always accessible via cTrader alone, giving local traders better market insights.
Trade 2100+ assets across Forex, indices, metals, and energies directly from cTrader—unique versus some competitors with limited instruments.
FxPro does not offer Zambian Kwacha accounts, potentially incurring conversion fees for local traders.
FxPro | Best For: Experienced Zambian traders seeking advanced tools and high-speed execution with cTrader
FxScouts
YouTube
Select another broker to another broker to compare features, fees, and platforms side by side.
0 pips
CMA, BaFin, SCB, DFSA, ASIC, FCA, CySEC
USD 0
Pepperstone Platform, TradingView, cTrader, MT5, MT4
30:1
Supports advanced algo-trading directly on cTrader using C#, ideal for Zambian developers and quants.
Spreads from 0.0 pips with ECN-like Razor accounts and cTrader—verified in African markets via Equinix NY servers.
Regulated by FCA, ASIC, DFSA, and CMA (Kenya)—making it one of the few brokers truly compliant in African regions.
Active cTrader users get free VPS, cutting latency and enhancing execution—especially useful for EA users in Zambia.
Pepperstone relies entirely on third-party platforms; there's no custom mobile solution for cTrader users.
While trading tools are excellent, newer Zambian traders may find the educational content lacking compared to others.
Pepperstone | Best For: Zambian traders wanting raw spreads, fast ECN execution, and cTrader Algo integration
FxScouts
YouTube
Select another broker to another broker to compare features, fees, and platforms side by side.
0.1 pips
CMA, FSA-Seychelles, SCB, CySEC
USD 200
TradingView, cTrader, MT5, MT4
30:1
Offers ultra-low spreads (0.0 pips on EUR/USD) and lightning-fast execution under 40ms for African traders via cTrader servers.
IC Markets delivers Level II pricing and full market depth data on cTrader, benefiting advanced traders in Zambia.
Leverage up to 1:500 (depending on entity), appealing to experienced Zambians seeking aggressive strategies.
Offers webinars, tutorials, and trading ideas that are not always available with cTrader-based brokers.
At $200, IC Markets requires a higher starting deposit than some competitors, less ideal for budget-conscious Zambians.
While regulated in top-tier jurisdictions, IC Markets does not have a specific African entity, unlike Pepperstone.
IC Markets | Best For: Professional Zambian traders and institutional-style scalpers seeking raw ECN spreads on cTrader
FxScouts
YouTube
Select another broker to another broker to compare features, fees, and platforms side by side.
0.0 pips
CMA, FSA-Seychelles, FSC, FSCA, ASIC, CySEC
AUD 100
TradingView, cTrader, MT5, MT4
30:1
Spreads from 0.0 pips and a $3 commission per lot rival cTrader ECN pricing, even on MT5.
FP Markets offers localised support and direct phone access in Zambia-friendly time zones.
Both Standard (no commission) and Raw (ECN-style) accounts are available to match your strategy and capital.
Regulated by ASIC and CySEC, with extra oversight via FSCA for regional comfort.
While trading conditions excel, FP’s learning resources lack structure and interactivity for Zambian beginners.
FP Markets | Best For: Cost-conscious Zambians who want ECN trading
FxScouts
YouTube
Select another broker to another broker to compare features, fees, and platforms side by side.
0.0 pips
FSA-Seychelles, Fi, CySEC
EUR 100
Skilling Trader, cTrader, MT4
30:1
Skilling's integration of cTrader delivers a clean mobile and desktop experience ideal for first-time Zambian traders.
Offers low spreads and minimal slippage across accounts, with no overcomplicated fee structures.
Account creation and verification take under 5 minutes – tested in Zambia with verified mobile numbers.
Flat-rate commissions and clear cTrader fee presentation build trust for budget-conscious traders.
Compared to others, Skilling offers fewer FX pairs and CFDs—not ideal for diversified portfolios.
Currently supports only global payment providers with no mobile money or local bank integration.
Select another broker to another broker to compare features, fees, and platforms side by side.
cTrader is an institutional-grade trading platform offered by a few Forex brokers.
A little-known fact: 35% more cTrader users are profitable compared to the industry average. This surprising statistic comes from Spotware’s internal calculations and highlights why cTrader has become MetaTrader’s main competitor. But what is it about cTrader that makes traders more profitable?
No price manipulation
Unlike MetaTrader and most other broker-owned platforms, cTrader does not allow any broker manipulation of the price feed. This means that it will only connect traders directly to the global Forex market and won’t allow for any dealing desk intervention.
No broker intervention
Spotware manages all the infrastructure behind cTrader, and the interface you download from your broker is just that — an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified.
Single Login
Because Spotware manages cTrader’s infrastructure, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you switch brokers.
Spotware is invested in your success
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
It’s important to note that because most cTrader brokers provide raw spreads, users may have to pay a commission on their trades.
cTrader offers three versions of its trading platform, and while the same indicators, objects, layouts and themes are present across all three versions, there are minor changes to functionality:
cTrader Download
The desktop version is the most feature-complete version of cTrader, download the application for any Windows PC or laptop. Unfortunately, for Mac users, there is no native application, and you will have to rely on cTrader Web or create a system partition to run Windows applications. It’s important to note that cTrader Copy will only run in the Web version,
cTrader Web
The cTrader Web version is almost as feature-complete as the desktop version except for a few changes. Charts are locked, so they cannot move up and down, and cTrader Automate is unavailable.
cTrader Mobile
Available on iOS and Android, the cTrader mobile app is perfect for traders on the go and has 26 timeframes and over 50 indicators available. Charts have been redesigned for mobile with features such as pinch-to-zoom, fling to scroll forward or backwards, and double-tap to re-centre.
The cTrader forum is a place for all cTrader users to post suggestions to the developers for new features for the platform, get support from the community and stay on top of any product announcements and other news. Spotware continuously improves cTrader with enhancements stemming mostly from community feedback; this regular interaction with traders results in several platform updates and upgrades a year.
The cTrader ID Site is a personalised toolbox for anyone holding a cTrader ID. It provides traders with several tools to control their accounts and connect to other traders, apps, and resources.
Standout features include:
There are traders who love each platform, but what is the difference between the two, and what are the advantages and disadvantages of cTrader over MT4?
Unlike MT4 and MT5, cTrader started life as ECN (Electronic Communication Network) platform, and traders will usually have to pay a commission on their trades when using it.
This means that it connected traders directly to the global Forex market and didn’t allow for any dealing desk intervention, whether automated or not. While cTrader can now be used by market makers, all the infrastructure behind cTrader is still managed by Spotware themselves, and the interface you download from your broker is just that, an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified or manipulated. Because of cTrader’s history as an ECN-only platform, most cTrader brokers do not have an opportunity to charge a fee in the spread and will charge a commission instead for their service.
Because cTrader’s infrastructure is managed by Spotware, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you change brokers.
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
Explore more resources that fellow traders find helpful! Check out these other guides to enhance your forex trading knowledge and skills. Whether you’re searching for the best brokers, educational material, or something more specific, we’ve got you covered.
Discover the top Forex brokers in Zambia. Compare top platforms, fees and features to make an informed trading choice.
Compare the best Forex trading platforms for 2025, including MT4, MT5, cTrader, and TradingView. Find the right tools to enhance your trading experience.
What is Forex trading and how does it work? An easy-to-read guide including how to trade, and how to choose a reliable broker.
60-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
Partner Manager and Financial Writer
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education.
With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users.
He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.
Head of Content
Alison joined the team as a writer in 2021. She is the Head of Content for FxScouts. She has a medical degree with a focus on physiotherapy and a bachelor's in psychology. However, her interest in Forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, "Let's Talk Forex", alongside Chris and has produced over 100 Forex educational videos for the FxScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 120 Forex brokers.
Financial Writer
Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO. Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida's passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders.
Financial Writer
Welcome to the FxScouts community! We’re thrilled to have you on board. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox.
Get ready to stay ahead of the curve with our regular updates designed to help you make informed trading decisions.
Happy trading!
The FxScouts Team