Exness Review
AvaTrade Sign Up Bonus
AvaTrade offers Botswana traders a Sign-Up Bonus of $100 (1881 BWP) when traders first register a retail account. Traders are not limited to a sign-up bonus on AvaTrade. AvaTrade is a trustworthy broker that has a Trust Score of 95% out of 100.
- Louis Schoeman
Jump to:
Sign Up Bonus
Referral Bonus
Additional Broker Bonuses
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.9/5
Min Deposit
$100 / 1 342 BWP
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
AvaTrade at a Glance
| 🏛 Headquartered | Dublin, Ireland |
| 🌎 Global Offices | Australia, Ireland, South Africa, Japan, British Virgin Islands, UAE |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2006 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Twitter • YouTube |
| ⚖️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 1️⃣ Tier-1 Licenses | • Central Bank of Ireland (CBI) • Australian Securities and Investment • Commission (ASIC) • Japanese Financial Services Authority (JFSA) • Financial Futures Association of Japan (FFAJ) • Investment Industry Regulatory Organization of Canada (IIROC) through Friedberg Mercantile |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange • Commission (CySEC) Financial Sector • Conduct Authority (FSCA) Israel Securities • Authority (ISA) • Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FRSA) • Polish Financial Supervision Authority (KNF) |
| 3️⃣ Tier-3 Licenses | • British Virgin Islands Financial Service Commission (BVI FSC) |
| 🪪 License Number | • Ireland (C53877) • Australia (406684) • South Africa (45984) • British Virgin Islands (SIBA/L/13/1049) • Japan (JFSA 1662, FFAJ 1574) • Abu Dhabi (190018) • Cyprus (247/17) • Israel (514666577) • Poland (693023) • Canada (Friedberg Mercantile) |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Regional Restrictions | Iran, Belgium, and the United States |
| ☪️ Islamic Account | No |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 1 (Retail and Professional Option) |
| ✔️ PAMM Accounts | No, MAM |
| 💻 Liquidity Providers | Currenex, and other bank and non-bank entities |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Instant |
| 📊 Starting spread | From 0.9 pips |
| 📉 Minimum Commission per Trade | No Commission Charges |
| 💰 Decimal Pricing | 5 points after the comma |
| 📞 Margin Call | 50% on Retail, 25% on AvaOptions Accounts |
| 🛑 Stop-Out | 10% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | • 1:30 (Retail) • 1:400 (Pro) |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 1370 Botswanan Pula or an equivalent to $100 |
| ✔️ Botswana Pula Deposits Allowed? | No |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based AvaTrade customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Wire Transfer • Electronic Payment • Gateways • Credit Cards • Debit Cards |
| 💻 Minimum Withdrawal Time | 24 to 48 Hours |
| ⏰ Maximum Estimated Withdrawal Time | Up to 10 days |
| 💳 Instant Deposits and Instant Withdrawals? | No |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • AvaTradeGO • AvaOptions • AvaSocial • MetaTrader 4 • MetaTrader 5 • DupliTrade • ZuluTrade |
| 💻 Tradable Assets | • Forex • Stocks • Commodities • Cryptocurrencies • Treasuries • Bonds • Indices • Exchange-Traded • Funds (ETFs) • Options • Contracts for • Difference (CFDs) • Precious Metals |
| ✔️ Offers USD/BWP currency pair? | No |
| 🚀Service description | financial instruments and multiple trading platforms, operating since 2006. |
| 💰 Bonus 20% | welcome bonus accordengly to regulation |
| 📊 USD/BWP Average Spread | N/A |
| ✅ Offers Botswana Stocks and CFDs | No |
| 📊 Average deposit/withdraw processing time | Depends on the method used. – CC and e-payments is immediate. Bank wire can take up to 7 business days depending on the banking institution |
| 🔎 Banned countries | US, North Korea, New Zealand, Iran, Belgium |
| 💻 Languages supported on the Website | English, Chinese (Simplified), Chinese (Traditional), Turkish, Thai, Slovakian, Russian, Portuguese, Polish, German, Hungarian, French, and several others |
| 📈 Related lot sizes | Standard, Mini and Micro lots size |
| 👥 Sponsorship | Currently with Bolt |
| ✴️ Instruments offered | 800+ |
| ✴️ Instruments | Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds |
| ✴️ Total offered per instrument | CFD – Agricultural =7 CFD – Crypto = 20 CFD – EFTs = 60 CFD – Energies = 5 CFD – Indices = 32 CFD – Metals = 7 CFD – Shares = 623 Forex = 55 GRAND Total = 809 |
| ☎️ Customer Support Languages | Multilingual |
| 📈 Account Types | Real Account, Demo Account, Islamic Account. Options Account |
| 📈 Demo Account Description | Free Demo Accounts with $100,000. No limitations on the number of demo accounts. 21 days limitation |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | No |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswanan beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is AvaTrade a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for AvaTrade Botswana | 9/10 |
| 🥇 Trust score for AvaTrade Botswana | 93% |
| 👉 Open Account | 👉 Open Account |
Sign-up Bonus
AvaTrade does not have a sign-up bonus.
AvaTrade does not provide new genuine account registrants from Botswana with a sign-up bonus when they make their first account opening transaction.
Botswanans could qualify for a welcome bonus equal to the amount of their first deposit once they create their first retail account. A minimum deposit of 1881 BWP, equal to USD 100 or any other base currency supported, is required to take advantage of this offer.
Traders will get a bonus of 748 BWP, equivalent to $40, for making this deposit. In addition, any deposit up to a maximum of 129,000 BWP, equivalent to $10,000, will offer a deposit bonus of 37, 429 BWP, equivalent to $2,000 for making this deposit.
AvaTrade offers its traders a calculator that enables them to predict the percentage amount of their bonus depending on the amount of money they deposit.
Does AvaTrade offer a sign-up bonus to new traders?
AvaTrade may offer promotional bonuses to new traders as part of special campaigns or offers from time to time.
What are the typical requirements and conditions for receiving and withdrawing a sign-up bonus from AvaTrade?
The specific requirements and conditions for receiving and withdrawing a sign-up bonus from AvaTrade can vary based on the terms of the promotion. Typically, traders may need to meet certain trading volume requirements within a specified time frame to be eligible for bonus withdrawal.
Referral Bonus
Botswanans could earn between 640 BWP and 3,200 BWP, or $50 and $250, respectively, by referring others to AvaTrade. Botswanan traders will be eligible for the following deposit amount based on their referral’s initial deposit, in US dollars:
$500 to $2,000 – $50
$2,001 to $5,000 – $100
$5,001 to $10,000 – $150
$10,001 to $20,000 – $200
$20,001 and more – $250
Since customers can suggest friends using a special referral code, a referral bonus is one of the best methods for brokers to increase their customer base via word-of-mouth marketing. AvaTrade account registration is required, and traders must share their exclusive referral links with relatives and friends.
The referral must register a real account since demo accounts are not accepted. To be eligible for the bonus, users might also need to trade a specified amount in addition to making the minimum deposit.
The trader and their recommendation are both qualified for the referral incentive after meeting these qualifications.
How does the AvaTrade referral bonus program work?
AvaTrade’s referral bonus program allows existing clients to refer friends, family members, or acquaintances to open and fund trading accounts with AvaTrade.
Are there any limitations or restrictions on the AvaTrade referral bonus, such as withdrawal conditions?
The AvaTrade referral bonus program typically comes with specific terms and conditions that participants must adhere to. These conditions can include requirements such as the referred client making a qualifying deposit and meeting certain trading volume criteria.
Additional broker bonuses, promotions, and rewards
AvaTrade currently does not offer a trading bonus or a broker bonus to its existing clients, loyal customers, or active traders.
What other types of bonuses and promotions does AvaTrade offer to traders in addition to the referral bonus?
AvaTrade frequently runs various promotional campaigns and bonuses for both new and existing traders. These can include deposit bonuses, cashback offers, seasonal promotions, and trading contests.
Do AvaTrade’s bonuses and promotions come with any specific terms and conditions, and how can I participate?
Yes, AvaTrade’s bonuses and promotions typically come with specific terms and conditions that participants must follow. These terms and conditions may include requirements related to the minimum deposit, trading volume, time frame, and withdrawal restrictions.
Overall Rating
- 4.9/5
Min Deposit
$100 / 1 342 BWP
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
AvaTrade Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are both a referral bonus and a welcome bonus offered | Botswanans cannot use a no-deposit bonus to explore what AvaTrade offers |
| Botswanans who register a real account with AvaTrade is immediately eligible for the deposit bonus | There is currently no sign-up bonus for newly registered traders |
| AvaTrade is a highly trusted and well-regulated |
Verdict on AvaTrade
Overall, AvaTrade is very competitive in terms of its trading fees and spreads.
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Conclusion
Now it is your turn to participate:
Do you have any prior experience?
What was the determining factor in your decision to engage?
Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
Have you experienced any issues such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below
Frequently Asked Questions
Can I obtain an AvaTrade welcome bonus with a demo account?
No, a demo account cannot be used to get the bonus from AvaTrade. Instead, you must sign up for a legitimate account and follow KYC processes to validate your information.
What is the minimum amount to register an AvaTrade account?
AvaTrade’s actual account requires a minimum deposit of 100 USD or 1,370 BWP.
Offers AvaTrade any bonuses?
AvaTrade gives new traders who open a real account for the first time a deposit bonus. Additionally, both new and seasoned traders are eligible for a referral incentive.
Can I withdraw my AvaTrade bonus?
To withdraw your bonus, you must meet the trading volume criteria outlined in AvaTrade’s bonus terms and conditions.
Is AvaTrade a trusted broker?
AvaTrade is a respectable broker with many licenses and strict regulations, supervision, and control. Additionally, AvaTrade has hundreds of positive customer reviews and a trust score of 93.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
