Exness Work Zimbabwe

What is Exness?

Exness, founded in 2008, is an international forex and CFD broker headquartered in Cyprus, with additional offices in Seychelles and other regions. It has built a strong reputation for offering tight spreads, high leverage, and a wide range of financial instruments, including forex pairs, cryptocurrencies, commodities, indices, and stocks. Exness is regulated by multiple reputable authorities, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles, ensuring a secure and transparent trading environment.

The Regulatory Landscape in Zimbabwe

To fully understand whether Exness is suitable for Zimbabwean traders, it’s crucial to examine the regulatory environment. Forex trading in Zimbabwe operates in a regulatory gray area. The Reserve Bank of Zimbabwe (RBZ) oversees the country’s financial sector, including monetary policy, banking, and foreign exchange transactions, under the Exchange Control Act. While the RBZ regulates banks and licensed financial institutions, it does not directly oversee the operations of offshore brokers like Exness.