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Best Forex Trading App in Tanzania for 2025

1
8.52
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Your capital is at risk.
2
6.71
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3
6.73
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Many traders in Tanzania use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Forex Trading App in Tanzania for 2025, based on our assessments.

1
8.52
VISIT BROKER
Your capital is at risk.
Your capital is at risk.

Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.

2
6.71
VISIT BROKER
Your capital is at risk.

VT Markets is a broker for Forex and CFD trading with low leverage and low spreads in the newest versions of MetaTrader platforms.

3
6.73
VISIT BROKER
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TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.

4
7.91
VISIT BROKER
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LiteForex (LiteFinance) is more in demand by traders who already have basic trading skills like professional traders and those who are interested in passive investing.

5
8.03
VISIT BROKER
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AvaTrade is a brokerage company that provides optimal working conditions for all traders with any skill level. The broker provides customers with security by protecting their data and finances, and they are constantly working to improve the service.

Best Forex Trading App in Tanzania for 2025

Exness VT Markets TeleTrade LiteFinance AvaTrade

Trading platform

Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4

MetaTrader4, MetaTrader5, VT Markets App, Web Trader+

MT4, MT5

MT4, MT5, MultiTerminal, Sirix Webtrader

MT4, Mobile Trading, AvaTrader, AvaOptions, AvaSocial, AVA Option, MT5

Min deposit

$10

$50

$10

$10

$100

Leverage

From 1:1
to 1:2000

From 1:1
to 1:500

From 1:1
to 1:1000

From 1:1
to 1:1000

From 1:200
to 1:400

Trust management

No

Yes

No

Yes

No

Accrual of % on the balance

No

No

1.00%%

7.00%%

No

Spread

From 0 points

From 0 points

From 0.2 points

From 0.5 points

From 0.9 points

Level of margin call / stop out

60% / 0%

No

70% / 20%

50% / 20%

25% / 10%

Execution of orders

Market Execution, Instant Execution

Market Execution

Market Execution

Market Execution, Instant Execution

Instant Execution

No deposit bonus

No

No

No

No

No

Cent accounts

Yes

No

Yes

Yes

No

1
Best Forex Apps in Tanzania - Exness

Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 1 million active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.

👍 Advantages of trading with Exness for traders in Tanzania:

Availability of 8 licenses and a membership in the Financial Commission providing up to EUR 20,000 insurance coverage per client in the event of a force majeure;

Wide choice of account types — Standard, Standard Cent, Pro, Zero and Raw Spread;

Wide range of CFDs, including over 100 currency pairs;

Zero deposit and withdrawal fees (Depends on the payment system);

Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.

👎 Disadvantages of Exness for traders in Tanzania:

The broker’s website offers almost no educational materials;

24/7 support isn’t available in all languages.

VISIT BROKER
Your capital is at risk.
Your capital is at risk.

2
Best Forex Apps in Tanzania - VT Markets

VT Markets, established in 2015, is a globally authorized broker that offers traders access to a diverse portfolio of financial assets, including forex, indices, energy, precious metals, soft commodities, and ETF-based CFDs. The broker provides affordable prices and a choice of account options to accommodate a wide range of trading needs

👍 Advantages of trading with VT Markets for traders in Tanzania:

Financially stable parent company and reliable custodian bank.

Over 230 assets of different classes are available for trading.

It allows trading using STP, ECN, and Islamic accounts.

A wide range of investment solutions from reputable third-party platforms.

Margin trading with leverage up to 1:500 for cryptocurrency pairs.

Average trading commissions on ECN and precise market spreads on all account types.

Access to making trades in desktop and mobile terminals MetaTrader 4/5, as well as in the web version of MT4.

👎 Disadvantages of VT Markets for traders in Tanzania:

The high minimum deposit for novice traders is $50.

Lack of access to micro (cent) accounts.

The list of available assets does not include cryptocurrencies and ETFs.

VISIT BROKER
Your capital is at risk.

3
Best Forex Apps in Tanzania - TeleTrade

TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:1000) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.

👍 Advantages of trading with TeleTrade for traders in Tanzania:

detailed analytical section;

informative training section;

Invest Start risk-free investment service;

interest accrual on deposit;

copytrading service;

several affiliate programs with high payouts.

👎 Disadvantages of TeleTrade for traders in Tanzania:

no PAMM accounts or other money management options;

few withdrawal options;

support is available 24/5;

withdrawals delayed;

technical support responds slowly;

sometimes it takes a long time to verify data.

VISIT BROKER
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4
Best Forex Apps in Tanzania - LiteFinance

The LiteForex (LiteFinance) broker is a high-tech company that constantly offers innovative solutions for active and passive trading. The LiteForex group of companies was incorporated in 2005, and it has risen through the ranks to become a market leader. Today, LiteForex (LiteFinance) is an online ECN broker with unique technical solutions for transferring transactions to the interbank and directly to liquidity providers. Social Trading is a mechanism for automatic copying of other traders’ transactions (see, SocialTrading platform) and other advantages for comfortable and efficient trading. LiteForex Broker is one of the largest and leading brokers in Malaysia.

👍 Advantages of trading with LiteFinance for traders in Tanzania:

Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders and pin spreads with instant market execution with minimal slippage in both directions;

Own trading platform for personal accounts that was designed for novice traders with the ability to copy transactions, analyze market sentiment, etc.;

Several types of affiliate programs with a multi-level system and cashback;

Automatic reimbursement of commissions paid when replenishing and withdrawing money.

👎 Disadvantages of LiteFinance for traders in Tanzania:

No cent accounts, which are often of interest to novice traders;

Supplement of additional indicators is not provided in the trading platform of your personal account; algorithmic trading and testing are not provided;

There is no information on how the risk level is assigned to traders from the social trading rating;

Complex verification procedure.

VISIT BROKER
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5
Best Forex Apps in Tanzania - AvaTrade

AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 10 countries. It currently has over 300, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC, 406684), the Japanese FSA ( 1662), and the South African FSCA ( 45984). AvaTrade holds accreditation by the Central Irish Bank ( C53877 ), the Abu Dhabi Financial Services Regulatory Authority (190018), and the British Virgin Islands Financial Services Commission ( SIBA/L/13/1049), CySEC ( 347/17). AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 1,200 tools to customers.

👍 Advantages of trading with AvaTrade for traders in Tanzania:

a wide range of trading instruments;

there is a license for the provision of services on the territory of 5 continents;

customer service operates around the clock and provides competent assistance to users in 14 languages;

a wide choice of convenient trading platforms;

ability to trade from mobile devices;

availability of an account for representatives of Islam (swap-free);

for reliable storage of customer funds, the broker uses a segregated account;

option for automated trading using trading advisors, indicators, and other analysis tools;

no restrictions on trade and scalping;

availability of training materials and conducting webinars for beginners and experienced traders.

👎 Disadvantages of AvaTrade for traders in Tanzania:

the site interface is not user-friendly;

customer service efficiency and response time

trading terminals are prone to occasionally freeze.

VISIT BROKER
Your capital is at risk.

Best Forex Trading App in Tanzania 2025: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

Exness - Education for Investors

Investment Education Online

Information

Currently, Exness doesn’t provide training for novice traders. If you want to learn basic Forex and CFD concepts, go to the Help section of the website. To develop practical trading skills, open a demo account. The company provides extensive information on the basics of trading, helping each client understand how orders are executed, what influences asset prices, and the fundamentals of technical analysis, including identifying critical chart patterns.

VT Markets - Education for Investors

Investment Education Online

Information

The VT Markets website has a lot of useful information for novice traders. It is placed in the Education and FAQs sections. There are also instructional videos on the site that explain the basic concepts of Forex.

Information available in the Education section
Information not available on the VT Markets website
Forex basics
Glossary in alphabetical order
Technical and fundamental analysis
How to get passive income in the Forex market
The psychology of Forex trading
Trading strategy: What it is and how to apply it
MT4 and MT5 manuals
 
How to apply Trading Central tools
 

An effective training tool is a demo account, through which you can practice making transactions without the risk of losing money.

TeleTrade - Education for Investors

Investment Education Online

Information

The TeleTrade website features a large educational section where every trader can find information for successful Forex trading and more. The broker provides information on the basics of analysis, trading strategies, and also offers educational courses, video tutorials. The company also holds webinars.

Information available in the Education Section
Information not available on the TeleTrade website
Forex for dummies
There are no video tutorials on working with MT4
Fundamental market analysis
 
Market technical analysis
 
Indicators
 
Strategies
 
Features of trading instruments
 

You can test the knowledge you gained on the TeleTrade website by using a demo account. The broker’s specialists believe it can give novice traders the experience and skills to trade on a live account.

To support traders, a separate analytical section has been created on the website with an economic calendar, news and market overview.

LiteFinance - Education for Investors

Investment Education Online

Information

There are several subsections devoted to training on the LiteForex (LiteFinance) website, focused on novice traders, on professionals, and those who are interested in analytics.

Information available in the LiteForex (LiteFinance) sections
Unavailable information on the LiteForex (LiteFinance) website
Training (beginner, advanced and expert courses)
Everything you need for a successful start
LiteForex webinars
 
Books and textbooks
 
Descriptions of technical indicators and trading strategies
 
Instructions for working with the social trading platform.
 

There is a demo account where you can step by step master the knowledge gained from books, webinars and training materials, work out indicators, and test strategies.

AvaTrade - Education for Investors

Investment Education Online

Information

The broker’s website has the Training section, which contains hundreds of text and video materials. Among them, there is both a base intended for training beginners and deeper analytics for advanced training of experienced traders.

Information available in the Analysis and Education section
Unavailable information at AvaTrade site
Basics of trading at Forex and CFD for beginners
Vocabulary with Forex terminology 
Economic indicators
 
Tutorial videos for traders of any level
 
E-book with the basics of trading
 

If you want a more effective training system, you should use a demo account. Putting theory into practice will help you gain a better understanding of the material and will enable you to use the acquired knowledge safely to generate income on a live account.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Tanzania choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Forex Trading App in Tanzania 2025.

Exness VT Markets TeleTrade LiteFinance AvaTrade

Overall score

8.52

6.71

6.73

7.91

8.03

Execution of orders

9.6

4.59

3.21

7

8.5

Investment instruments

10

9.5

4.7

9.4

10

Withdrawal speed

7

6

7

8

5

Customer Support work

9.29

6.15

8.41

6.9

7.9

Variety of instruments

8.02

7.02

8.75

8.75

10

Trading platform

7.21

7.02

8.29

7.43

6.8

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FAQ

Do all brokers offer mobile apps for iOS and Android?

Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.

Are there updates for the apps of brokers?

Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.

Are there versions of the apps for tablets?

In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.

If I remove the app from my phone and then reinstall it, will I lose the information?

No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.