Trading from Namibia: what is different
The Namibian dollar is pegged one-to-one to the South African rand, so in practice your money moves with the rand against the US dollar.
Since 2017 Namibia has stayed on Central Africa Time (UTC+2) all year round, the same as South Africa. London opens at 10:00 in winter and 09:00 from April to October.
Namibia mines gold, copper and zinc as well as uranium and diamonds; gold, copper and zinc are all available as CFDs.
Forex market hours in Namibia
The forex market is open 24 hours a day from Monday to Friday, passing from Asia to Europe to North America. These are the main sessions converted to local time in Namibia.
| Session | Local time, Nov–Mar | Local time, Apr–Oct |
|---|---|---|
| Tokyo session | 02:00–11:00 | 02:00–11:00 |
| London session | 10:00–19:00 | 09:00–18:00 |
| New York session | 15:00–00:00 | 14:00–23:00 |
| London–New York overlap | 15:00–19:00 | 14:00–18:00 |
| Weekly open | Monday 00:00 | Sunday 23:00 |
| Weekly close | Saturday 00:00 | Friday 23:00 |
The busiest hours for the major pairs and gold are usually the London–New York overlap. Spreads tend to be widest around the daily rollover and in the first hour after the weekly open.
Markets to watch from Namibia
- XAU/USD (gold) — the most traded metal.
- Copper (XCUUSD) and zinc (XZNUSD) — both mined in Namibia.
- EUR/USD and GBP/USD — from 10:00 Windhoek time in winter.
- Dow Jones (US30) — from 16:30 Windhoek time in winter.
Accounts and funding
| Account | Minimum deposit | EUR/USD spread | Commission |
|---|---|---|---|
| Standard Cent | $10 (balance in USC) | From 1.4 pips | None |
| Standard | $100 | From 1.0 pips | None |
| Pro | $1,000 | From 0.6 pips | None |
| Raw ECN | $5,000 | From 0.0 pips | $7 per lot |
Accounts are held in US dollars and funded in USDT on BNB Smart Chain (BEP20) or Tron (TRC20). There is no Namibian dollar conversion inside your account; any conversion happens wherever you buy or sell USDT. Identity verification is completed once, before your first withdrawal.
Regulation and your responsibility
AlphaFX Pro is an international broker and is not licensed by the Namibia Financial Institutions Supervisory Authority (NAMFISA). Our registration in St. Vincent and the Grenadines is in progress. We do not provide investment advice or a local office in Namibia.
Before opening an account, make sure the law in Namibia allows you to trade CFDs with a broker based outside the country, and check any rules on moving money abroad. If you are not sure, ask us before you deposit.
Frequently asked questions
Can I trade the Namibian dollar or rand?
No NAD or ZAR pairs are offered. Accounts are held in US dollars and funded in USDT.
Does Namibia change its clocks?
No. Namibia has used UTC+2 all year since 2017, so only the European and US sessions shift when those regions change their clocks.
What is the minimum deposit from Namibia?
The Standard Cent account opens from $10, funded in USDT, with the balance held in US cents ($10 = 1,000 USC). Standard opens from $100, Pro from $1,000 and Raw ECN from $5,000.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This page is general information, not investment advice. Read the Risk Disclosure.