How to start investing on the ZSE
Step 1: Registration
Retail investors have 3 options that they can use when participating in the capital market.
This is a financial market where long-term debt and equity securities are traded. (Stocks, Reits, ETFs & Unit trusts)
The 3 options
- Brokers
- Ctrade https://www.ctrade.co.zw/
- Zse direct https://zsedirect.co.zw/
The latter 2 have web-based platforms and mobile applications that you can download, register, and start trading/investing on the capital market.
Comparison of the two platforms
Requirements
Copy of ID
Proof of residence/ bank statement with address/ tel-one bill etc
Bank account Zwl (& USD account if you intend to invest on VFEX)
Step 2 Action
Once you have completed the registration process, it’s the start of your investment journey.
Research is key, read company reports, financial statements, newspapers, and articles.
Most importantly exercise risk management.
Bryan Nyakabawo
happyinvesting
Bryan K Nyakabawo is an accountant and a passionate advocate for financial literacy. He combines his banking background (12 years) with expertise in Investments & Portfolio Management (UZ) and Capital Markets Analysis (CFI) to guide individual investors on the Zimbabwe Stock Exchange. He actively contributes as a trustee to RICOZ (Retail Investors Community Of Zimbabwe)
Email: bryan.nyakabawo@gmail.com
Cell: 0772586094-ebusinessweekly