Become a Member
Join ZAMACE — the Zambian Commodities Exchange. Choose the membership category that fits your business and start trading with confidence.
Membership Categories
Choose Your Membership Type
The unified ZAMACE catalogue — ZAMACE-native categories first, then BMX-retained categories kept for cross-listing parity. Select the one that best matches your business model. Fees shown are indicative — see the fee schedule.
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, directors/shareholders list, NRC or passport IDs
Rights & Privileges
- Execute client orders on the exchange
- Onboard and manage broker clients
- Access real-time market data
- Earn brokerage on client activity
Obligations
- Operate under a signed client-broker mandate
- Maintain adequate trading systems and controls
- Comply with position limits and fee schedules
- Report material changes to the Exchange
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, warehouse details and insurance schedule
Rights & Privileges
- Issue ZAMACE Certified Warehouse Receipts (WR-ZMC- series)
- Charge published storage and handling fees
- Access the ZAMACE Depository Registry
- Participate in physical delivery
Obligations
- Maintain certified facilities to ZAMACE standards
- Provide accurate grading and weighing
- Maintain full insurance coverage
- Submit daily stock reports and permit inspections
KYC requirements
Certificate of registration as a cooperative, ZRA TPIN, committee resolution, members' register, ID images of signatories
Rights & Privileges
- Collective selling for producer-members
- Bulk deposit and receipting of member grain
- Onboard members as Associate Farmers
- Producer-focused support and training
Obligations
- Maintain registered cooperative status
- Maintain accurate member registers
- Comply with ZAMACE Rules
- Report material changes
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, service capability evidence
Rights & Privileges
- List services on the ZAMACE platform
- Participate in delivery coordination
- Supply inputs against receipt finance
- Collateral management engagements
Obligations
- Maintain certified vehicles and equipment where applicable
- Provide real-time shipment updates and proof of delivery
- Insure commodities in transit where contracted
- Maintain safety and quality certifications
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, UBO declaration, directors' NRC/passport IDs
Rights & Privileges
- Institutional trading account
- Exposure to ZAMACE and cross-listed BMX instruments
- Access real-time market data
- Participate in all trading sessions
Obligations
- Maintain institutional capital adequacy
- Comply with position limits
- Pay trading fees as published
- Report material changes
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, regulatory licence, sanctions/AML policy
Rights & Privileges
- Finance against ZAMACE Certified Warehouse Receipts
- Offer trade-finance programmes to members
- Participate in receipt-registry financing workflows
- Access clearing and settlement systems
Obligations
- Maintain prudential regulatory standing (Bank of Zambia / Pensions & Insurance Authority)
- Maintain AML/CFT frameworks under FIC supervision
- Verify receipt status in the ZAMACE Depository Registry
- Report material changes
Annual Fee (indicative)
ZMW 500 (individual producer) · ZMW 3,600 (commercial/entity)
Fee schedule & rulebookKYC requirements
Individuals: NRC (or passport), ID front/back images, passport photo, bank details. Entities: PACRA certificate, ZRA TPIN, board resolution, audited financials
Rights & Privileges
- Deposit and receipt your harvest
- Sell on the spot market in ZMW
- Full trading rights on the exchange
- Access real-time market data
Obligations
- Deliver commodities to ZAMACE-certified warehouses
- Comply with grading and delivery standards
- Pay trading fees as published
- Report material changes
KYC requirements
PACRA Certificate of Incorporation and ZRA TPIN (entities), or NRC (individuals), plus contact details
Rights & Privileges
- Access ZAMACE market data
- Platform access and publications
- Upgrade path to trading categories
- Participate in market consultations
Obligations
- Comply with ZAMACE Rules
- Keep registration details current
- Pay the published annual fee
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, settlement bank details with SWIFT
Rights & Privileges
- Clear trades for themselves and clients
- Hold member margin and collateral
- Participate in default-fund governance
- Access clearing and settlement systems
Obligations
- Maintain clearing member capital requirements
- Post and maintain initial and variation margin
- Assume financial responsibility for client defaults
- Contribute to the default fund
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, audited financials, trading capability statement
Rights & Privileges
- Fee rebates and incentives
- Reduced margin requirements
- Quote priority in the order book
- Access market maker programmes
Obligations
- Maintain continuous two-sided quotes
- Meet minimum presence ratios
- Honour all quoted prices
- Provide consistent liquidity
KYC requirements
PACRA Certificate of Incorporation, ZRA TPIN, board resolution, fleet register and insurance, drivers' licences
Rights & Privileges
- Offer transport services on the logistics marketplace
- Bid on transport jobs
- Receive payment for completed deliveries
- Access delivery coordination systems
Obligations
- Maintain certified vehicles with GPS tracking
- Provide real-time shipment updates
- Submit digital proof of delivery
- Insure commodities in transit
KYC requirements
NRC and ID images, passport photo, cooperative membership confirmation
Rights & Privileges
- Sell through your cooperative's account
- Reduced documentation and fees
- Producer-focused support
- Receipt finance via the cooperative
Obligations
- Maintain active cooperative membership
- Comply with ZAMACE Rules
- Deliver to certified warehouses
How to Join
Simple Application Process
From application to account activation, we've streamlined the process to get you trading quickly.
Review Requirements
Review membership criteria and prepare documentation.
Submit Application
Complete online form and upload required documents.
Due Diligence
KYC/AML verification and financial assessment.
Technical Setup
System integration and conformance testing.
Approval & Go Live
Committee approval and account activation.
Ready to Join ZAMACE?
Start your membership application today and gain access to Zambia's agricultural commodity exchange.
Applications are typically processed within 5-7 business days upon submission of complete documentation.