For years, the average African retail trader has had to make peace with a difficult trade-off: access the global financial markets through an offshore broker and absorb the friction — overnight swaps that eat into long positions, spreads that widen at the worst possible moment, commissions on every entry and exit, and withdrawal pipelines that quietly assume you live somewhere else.
The product was never built with Lagos, Accra, Kigali, Johannesburg, or Nairobi in mind.
Assexmarkets Global Limited is one of a new wave of brokers explicitly trying to fix that — and it is doing so by removing the costs traders have long been told are simply the price of doing business.
A Zero-Cost Trading Model
The headline pitch from Assexmarkets is uncomplicated: zero swap, zero spread, and zero commission across its trading conditions.
For active traders, that combination is unusual. Swaps alone are often the silent killer of swing and position strategies, while spreads and commissions compound aggressively for scalpers and intraday traders. Stripping all three out fundamentally changes the cost-of-trading equation, especially for African clients who tend to operate with smaller account sizes where every pip matters.
On top of that, Assexmarkets has leaned into a feature that retail traders increasingly demand but most brokers still resist: weekend crypto trading. Crypto markets do not sleep, and neither do the traders who follow them. Offering weekend access keeps clients inside the platform rather than scattering them across exchanges every Saturday morning.
Regulated and Licensed Across Multiple Jurisdictions
Behind the zero-cost trading conditions sits a regulatory framework designed to give clients confidence in where their funds are held. Assexmarkets Global Limited is regulated by the Mwali International Services Authority (MISA) in the Comoros, one of the offshore licensing regimes increasingly used by serious brokers serving emerging markets. The MISA licence imposes operational, capital adequacy, and client-handling requirements that the broker is obliged to maintain on an ongoing basis.
In addition, Assexmarkets holds regulatory authorisation in Saint Lucia, adding a second jurisdiction of oversight to its corporate structure. The dual-jurisdiction setup is a deliberate choice: it gives the broker the operational flexibility to serve a global client base while ensuring that compliance, anti-money-laundering, and client-fund handling are governed by recognised authorities rather than left to internal policy alone.
For African traders in particular, regulated status matters. The retail brokerage space on the continent has historically been crowded with unlicensed actors, and the ability to point to a named, supervised authority is one of the clearest signals a trader has that a broker intends to be around for the long term.
Built Around the African Trader
Where Assexmarkets distinguishes itself most clearly is in distribution and accessibility. The broker has rolled out localised withdrawal options across Nigeria, Ghana, Rwanda, South Africa, Kenya, and other African markets, with crypto deposit and withdrawal rails available for international clients. In a region where payment fragmentation is one of the biggest barriers to retail participation in global markets, that local-first approach is a meaningful differentiator.
The platform also offers unlimited leverage alongside a 24/7 customer support desk staffed with dedicated account managers — a service model that treats the retail trader more like a client than a ticket number.
For traders who are still building capital, Assexmarkets runs one of the more aggressive bonus structures in the market: a 50% tradable deposit bonus designed specifically to give under-capitalised traders more room to express a view. It is part of what the company describes as its core vision — opening the financial markets to traders who would otherwise be priced out of meaningful position sizing.
Rewards, Gadgets, and a Trip to Dubai
Assexmarkets has also taken an unusually tangible approach to community building. Through its partnership community, the broker actively distributes physical rewards to traders, recognising that for many African traders, the home setup is the trading floor. These rewards include:
- Rechargeable fans and power banks
- Laptops and iPads
- Trading desks and ergonomic chairs
It’s introducing broker and partnership programme layers on financial incentives, too. Partners promoting Assexmarkets can earn rebates of up to $15 per lot traded, and any trader hitting 1,000 lots in volume automatically qualifies for a fully sponsored trip to Dubai — a benchmark the company uses to reward its most active community members.
Why This Matters Now
Africa’s retail trading population has expanded faster than the infrastructure built to serve it. The continent’s fintech sector processed more than $1.6 trillion in mobile money transactions in 2024, and a growing share of that liquidity is now flowing into investment and trading platforms.
The brokers that win the next phase of this market will be the ones who localise aggressively, strip out friction, secure proper regulation, and treat African traders as a first-class audience rather than an afterthought.
Assexmarkets is positioning itself precisely on that line.
Open an Account
Account creation is fully digital and takes minutes. Registration is available at my.assexmarkets.com/auth/register.
Risk warning: Trading leveraged products carries a high level of risk and may not be suitable for all investors. You may lose more than your initial deposit. Past performance is not indicative of future results. Please ensure you fully understand the risks involved before opening an account.
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