VFEX Direct
The key facts, checked and dated. Our full review is in progress.
VFEX Direct
Online trading on the US-dollar Victoria Falls Stock Exchange
- Open from abroad
- Not yet confirmed
- Dividends paid abroad
- Not yet confirmed
- Exchange
- VFEX
- Currency
- USD
- Sign up via
- web, app
- Regulator
- Victoria Falls IFSC (moved from SECZ in 2026)
Strengths
- Prices, trades and dividends all in US dollars
- Lower trading costs than the ZSE, and no capital gains tax
- Low minimum investment
- Your own FCA account, so your dollars stay in your name
Watch out for
- From abroad, you realistically need a Zimbabwean FCA bank account first
- About 20 listed companies, so less choice than the ZSE
- Thin trading on many counters, so orders can take time to fill
- Sign-up from abroad not yet confirmed first-hand