Posted
Wednesday, February 18, 2026“How do I even start buying shares on the Malawi Stock Exchange?”
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Let’s walk through it together, step by step.
Opening an account with a broker is your first step. Think of it like opening a bank account — you can’t start saving without the account, and you can’t start investing without a brokerage account.
Here’s what you need to attach to your email when reaching out to a broker:
✅ Certified proof of bank account
✅ Latest 3-month bank statement or pay slip
✅ Most recent water or electricity bill
✅ National ID / Passport
✅ A simple map to your home
✅ Filled CSD application form
You can download the forms here:
CSD form link:
For Stockbrokers Malawi Limited, you can send the same CSD filled form.
Here are the three brokers you can email today to get started:
📌 Stockbrokers Malawi Limited ✉️ sml@smlmw.com / noel@smlmw.com
📌 Cedar Capital Limited ✉️ kamphonia@cedarcapital.mw
📌 Continental Capital Limited ✉️ capital@continental.mw
When sending your email, keep it short and polite — something like:
Dear Sir / Madam,
I would like to open a trading account to buy shares on the Malawi Stock Exchange. Kindly find attached the required documents and completed CSD form. Please advise if you need any more information from my end.
Kind regards,
[Your Name]
If any of the office details I’ve shared here are outdated, please feel free to drop the correct information in the comments section so that we all stay updated. I will make edits as we get more information
You’re officially one email away from becoming a shareholder