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FXGT.com Review

FXGT Reviewed

FXGT.com  is a safe broker with a trust score of 90 out of 100. FXGT.com is a world-class broker with a no-deposit bonus for Botswanans. Botswanans can trade forex and several CFDs using powerful platforms.

Updated : June 20, 2024

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Regulation and Safety of Funds

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Awards and Recognition

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Account Types and Features

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Account Registration

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Broker Comparison

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Trading Platforms

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Range of Markets

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Deposit and Withdrawals

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Education and Research

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Bonuses and Promotions

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Affiliate Programs

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Customer Support

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Social Responsibility

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Final Verdict

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Pros and Cons

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Overall Rating

Min Deposit





Trading Desk

MT4, MT5



Total Pairs


Islamic Account


Trading Fees


Account Activation Time

24 Hours




The broker was established in 2020 and is a leading brokerage service focused on forex and cryptocurrency trading.

Initially based in Cyprus, it has expanded to South Africa and Seychelles, catering to a diverse global clientele. Botswana traders can benefit from account options in major fiat currencies and popular digital assets like Bitcoin, Ethereum, and Ripple.

Furthermore, the broker offers Botswanans a wide range of currency options, not Botswanan Pula (BWP).

FXGT.com has obtained licenses from reputable bodies like the FSCA and CySEC, ensuring the platform’s reliability and safety. The brokerage offers diverse assets, including traditional forex pairs, cryptocurrencies, and emerging assets like DeFi tokens and NFTs.

In Botswana, The broker is known for its technological innovation and customer-focused services. It offers round-the-clock customer support in multiple languages and access to advanced trading platforms like MetaTrader 4 and MetaTrader 5.


How long has FXGT.com been operating?

FXGT.com was founded in 2020 and immediately became known as a top brokerage service for forex and cryptocurrency trading.


Is FXGT.com regulated?

Yes, the broker is licensed by recognized regulatory agencies such as FSCA, CySEC, VFSA, and FSA, assuring compliance with industry standards and offering a secure trading platform.

FXGT at a Glance

📅 Year Founded2020
⚖️ RegulationFSCA, CySEC, VFSA, FSA
🔎License NumberCyprus – 199/13
Mauritius – C116016172
Germany – HRB 160749B
Seychelles – SD047
⚖️ Ease of Use Rating 4/5
✴️ BonusesYes, $30 No-Deposit Bonus, Loyalty Bonus, VPS Sponsorship Program
👥 Support Hours24/7
💻 Trading PlatformsMetaTrader 4, MetaTrader 5
📈 Account TypesMini, Standard+, Pro, ECN
📊Base CurrenciesBTCH, ETH, USDT, ADA, XRP, EUR, USD, ZAR
📈SpreadsFrom 0.0 pips
🚀 Currency Pairs41; major, minor, exotic pairs
💳 Minimum Deposit 70 BWP / 5 USD
📈 Inactivity FeeYes
💰 Website LanguagesEnglish, Arabic, Japanese, Thai, Vietnamese, Malay, Turkish
🌐 Fees and CommissionsSpreads from 0.0 pips, commissions from $6 on Forex, $5 on metals, and 0.1% on crypto
🌐 Affiliate ProgramYes
📈 Banned CountriesUnited States, Russia, Canada, Iran, and North Korea
📉 ScalpingYes
💻 Trading InstrumentsForex, cryptocurrencies, synthetic cryptocurrencies, precious metals, energies, indices, stocks, DeFi Tokens, NFTs
👉 Open Account👉Open Account

Regulation and Safety of Funds

Regulation and Safety of Funds


 The broker is not currently regulated by local regulatory authorities in Botswana. However, FXGT global regulations are listed in the table below.


Global Regulations

💻 Registered Entity💵 Country of Registration💸 Registration Number📈 Regulatory Entity📊 Tier📉 License Number/Ref
360 Degrees Markets LtdSeychelles8421720-1FSA3SD019
GT IO Markets (Pty) LtdSouth Africa2015/059344/07FSCA2FSP 48896
GT Global Markets LtdVanuatuVFSC3700601
TEC International (Cyprus) LtdCyprusHE 389575CySEC2382/20


Protection of Client Funds

🔎Security Measure 📱Information
Segregated AccountsYes
Compensation Fund MemberLiability Insurance
Compensation Amount1,000,000 EUR
SSL CertificateYes
2FA (Where Applicable)Yes
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes
Guaranteed Stop-Loss OrdersNo


Can I trust that my personal information is safe with FXGT.com in Botswana?

Yes. they use advanced encryption technology to ensure the security of personal information for clients in Botswana.


Does FXGT.com provide negative balance protection to traders in Botswana?

Yes. the broker provides Botswana traders negative balance protection, guaranteeing their account balance will not go into a negative.

Awards and Recognition

Awards and Recognition


According to our evaluation of the website, we found the following awards and recognition:

  • “Best Global Trading Conditions” – awarded in 2024 by Brokers View.
  • “Best Broker Award” – awarded in 2023 by AtoZ Markets.
  • “Best Hybrid Broker” – awarded in 2022 during the Ultimate Fintech Awards.

FXGT Account Types

FXGT Account Types


💻 Live Account📉 Minimum Dep.👉 Open Account💻 Platforms💸 Leverage
➡️Mini70 BWP / 5 USD👉Open AccountAll1:1000
➡️Standard+70 BWP / 5 USD👉Open AccountAll1:1000
➡️Pro70 BWP / 5 USD👉Open AccountAll1:1000
➡️ECN70 BWP / 5 USD👉Open AccountAll1:1000


Mini Account

Mini Account is a beginner-friendly entry point for Botswana’s financial market, offering access to forex, major indices, precious metals, energies, stocks, and cryptocurrency trading.

With a minimum deposit of 70 BWP, it offers average spreads of 10 points and no commission fees, making it ideal for those seeking a straightforward trading experience. It also provides a supportive learning environment.


Standard+ Account

The Standard+ Account offers Botswanan traders expanded market access with an initial deposit of 70 BWP.

The Standard+ Account includes synthetic cryptocurrencies, no commission costs, low average spreads, leverage up to 1:1000, and bonus eligibility. This account appeals to intermediate traders seeking to diversify their portfolios without adding complexity.


Pro Account

The Pro Account is designed for seasoned traders, offering an advanced trading environment with a low deposit and access to a wide range of trading instruments, including exclusive assets like DeFi Tokens and NFTs.

With tight average spreads and no commission fees, it caters to professionals in Botswana seeking a comprehensive financial product selection.


ECN Account

ECN Account is designed for Botswanan traders using high-volume and sophisticated strategies like scalping.

Furthermore, FXGT connects with electronic communication networks for quick order execution and offers spreads from 0.0 pips. With a commission range of 0.1% to $6, this account offers optimal trading conditions and speed, with high leverage up to 1:1000.


Demo Account

Demo Account is a crucial educational tool for Botswanan traders, allowing them to practice trading strategies without financial risk.

The demo account for Botswanans replicates the real trading environment using virtual funds, providing a practical learning experience for beginners and experienced traders and preparing them for live trading.


Islamic Account

 The broker offers an Islamic Account for Botswanan traders, allowing them to adhere to Sharia law by eliminating interest accrual.

This account allows traders to engage in forex and other asset classes without worrying about swap interest, demonstrating their commitment to inclusivity and ensuring religious compliance in global financial markets.


Are there any commissions paid on the Standard+ account on FXGT.com?

No commission costs are levied on the Standard+ account, with just the spread being charged for transactions.


Can Botswanan traders access DeFi Tokens and NFTs on FXGT.com’s Pro account?

Yes, the Pro account allows access to special assets like DeFi Tokens and NFTs, catering to Botswanan traders interested in new financial products.

How To Open an FXGT Account step-by-step

To register an account with FXGT, follow these steps:


Step 1: Click the ‘Sign Up’ or ‘Register’ button.

You can begin the account registration procedure by going to FXGT’s homepage and clicking the ‘Sign Up’ or ‘Register’ button.


How To Open an FXGT Account step 1


Step 2: Fill out the registration form

Fill out the registration form with your personal information, ensuring all information is correct and current to avoid future issues with account verification or trading activity.

Choose your desired base currency for your account from the available alternatives, such as USD, EUR, or cryptocurrencies like BTC and ETH, keeping in mind that FXGT does not directly support AED.

Carefully read the terms and conditions offered by FXGT, accept them to proceed, and then submit your application to FXGT for review and approval.


How To Open an FXGT Account step 2


Step 3: Check your email address

Check your inbox for a confirmation message from FXGT that includes a verification link; click on this link to authenticate your email address and proceed with the account registration procedure.

Once your email address has been validated, return to the FXGT website to complete the mandated Know Your Customer (KYC) process, which includes submitting necessary identity and proof of address papers to guarantee regulatory compliance.

com will validate your supplied documentation, which normally takes a few days. You will be notified once your account has been authorized and is available to use.

After account approval, you can navigate to the ‘Deposit’ area of your FXGT account dashboard, select a deposit method accepted in Botswana, and follow the instructions to fill in your trading account, allowing you to begin trading.


Is there a certain base currency requirement for creating an account on FXGT?

No, Botswanan traders can choose a base currency from the available options like USD, EUR, ZAR, BTC, ETH, USDT, ADA, and XRP when establishing an account on FXGT.


How long does it take to validate an account on FXGT?

The account verification procedure normally takes a few days after providing the relevant documentation, assuring a safe and compliant trading environment for Botswanan traders.

Broker Comparison

📱 Trading PlatformMetaTrader 4
MetaTrader 5
MetaTrader 4
CMTrading Web
xStation 5
xStation Mobile
💰 Minimum Deposit70 BWP ($5)1,400 BWP ($100)0 BWP ($0)
📈 Leverage1:10001:2001:500
📊 SpreadFrom 0.0 pipsFrom 0.9 pipsFrom 0.5 pips
💰 Commissions$6 on Forex
$5 on Precious Metals
0.1% on Crypto Assets
NoneNone on most instruments
💳 Margin Call/Stop-Out50% – 70% (M)
20% – 40% (SO)
From 20%100%/50%
✴️ Order ExecutionMarketMarket Market
💳 No-Deposit BonusYesNoNo
📊 Cent AccountsYes, MiniNoNo
💰 Account TypesMini Account
Standard+ Account
Pro Account
ECN Account
Bronze Account
Silver Account
Gold Account
Premium Account
Standard Account
Swap-Free Account
📊 MFED, BoB, or NBFIRA RegulationNoNoNo
👥BWP DepositsNoNoNo
☪️ Islamic AccountNoYesYes
📊 Minimum Withdrawal TimeInstantInstant1 Working Day
📊Maximum Estimated Withdrawal Time1 – 5 Business DaysUp to 3 working days7 Working Days
💳Instant Deposits and Instant Withdrawals?Yes, BothYes, deposits and withdrawalsNo

FXGT Trading Platforms and Software

FXGT Trading Platforms and Software


MetaTrader 4

MetaTrader 4 is a popular trading platform in Botswana, offering a user-friendly interface and a range of features for both beginners and experienced traders.

Furthermore, MT4 provides real-time data, analysis tools, and the ability to automate trades, making it an ideal environment for trading forex and cryptocurrencies.

Expert Advisors can be used for automated strategies, and customizable charts and technical indicators enable thorough market analysis and strategic planning.

In addition, the broker integrates MetaTrader 4 seamlessly across all account types, providing a stable and dependable platform for Botswana traders to access global markets.

FXGT’s competitive spreads and transparent fee structures further enhance the trading experience for Botswanans, and traders can register a demo account before they invest real funds.


MetaTrader 5

MetaTrader 5 is an advanced version of MetaTrader 4 is a robust trading tool for Botswana traders.

What traders will find the most attractive about this platform is that it offers a wider range of financial instruments, enhanced graphical tools, and a wider selection of timeframes.

Furthermore, MT5 supports advanced automated trading systems, customizable charts and indicators, and market depth information, letting Botswanans stay informed and responsive to market changes.

 the broker supports MetaTrader 5 by providing educational resources to help users maximize their potential. This cutting-edge trading environment equips Botswana traders with confidence to navigate financial markets, demonstrating FXGT’s commitment to excellence and innovation.


Can Botswanan traders use MetaTrader 4 (MT4) on FXGT?

Yes, the broker gives Botswanan traders access to MetaTrader 4 (MT4), a widely-used platform for its reliability, configurable features, and comprehensive collection of technical indicators and trading tools.


Does FXGT provide MetaTrader 5 (MT5) for Botswanan traders?

Yes, Botswanan traders may employ MetaTrader 5 (MT5), a sophisticated trading platform with expanded capabilities like extra periods, economic calendar integration, and depth of market functionality.

Trading Instruments & Products

Trading Instruments & Products


FXGT offers the following trading instruments and products:

  • Precious Metals – Botswanans can explore the realm of precious metals such as gold and silver. These metals are highly valued during economic instability and can be a wise addition to any trading portfolio.
  • Forex – Forex offers Botswanans the opportunity to participate in global economic shifts with its wide selection of 41 currency pairs.
  • Energies – Botswanan retail traders can access commodities such as oil and gas, which are influenced by international events and global supply and demand dynamics.
  • DeFi Tokens – FXGT introduces Botswanan traders to decentralized finance; FXGT offers a selection of 9 DeFi tokens.
  • NFTs – The platform provides 5 Non-Fungible Tokens (NFTs) for Botswanans interested in digital art and collectibles, showcasing a fascinating combination of finance and digital ownership.
  • Synthetic Cryptocurrencies – Botswanans can participate in synthetic cryptocurrencies, which replicate the price fluctuations of real cryptocurrencies without the need to possess the digital assets themselves.
  • Cryptocurrencies – Botswanan traders have a wide range of options for cryptocurrencies. With access to 24 different cryptocurrencies, including popular ones like Bitcoin and Ethereum, there are plenty of opportunities for trading and investment.
  • Indices – FXGT provides a wide range of indices that showcase the stocks of leading companies from various industries and regions. This lets Botswanan traders monitor overall market trends without investing in specific stocks.
  • Stocks – Traders can speculate on the performance of 50 stock CFDs, taking advantage of market fluctuations.


Are any specific precious metals accessible for trading on FXGT for Botswanan traders?

Botswanan traders on FXGT.com can trade precious metals such as gold and silver, allowing alternative investment possibilities and hedging methods in economic turmoil.


What are synthetic cryptocurrencies, and can Botswanan traders trade them on FXGT?

Synthetic cryptocurrencies on FXGT mirror the price movements of genuine cryptocurrencies without the necessity for direct ownership.

This unique system offers Botswanan traders exposure to crypto markets without the accompanying complexity of owning the underlying asset.

Spreads and Fees

Spreads and Fees



FXGT has designed its spread list to cater to Botswanan traders’ diverse trading objectives and needs. Starting at 0.0 pips on EUR/USD, FXGT charges tighter spreads, particularly for active traders and scalpers.

This competitive offering aligns with FXGT’s commitment to cost-effective trading solutions. Furthermore, variable spreads can vary depending on account type and market conditions.

Therefore, Botswanan traders should consider them during volatile times or outside standard trading hours to avoid a significant impact on trading costs.



FXGT has a unique yet structured commission model that caters to different trading styles, from casual to professional.

The ECN account has a raw spread environment with commission rates based on trade complexity.

Furthermore, commission rates vary based on the asset being traded, with forex trades costing Botswanans up to $6. Overall, FXGT maintains transparency in commission charges, ensuring traders in Botswana understand the costs associated with their trading activities.


Overnight Fees

Botswanan traders should note that overnight fees are crucial to FXGT’s pricing system. These fees occur when a position remains open for over a day, indicating the cost of carry-over or roll-over trades.

Botswanan traders should consider these fees, which can affect profitability, particularly long-term trading strategies.

However, while these fees might seem negative, FXGT communicates them, allowing traders to plan their trades with full awareness of potential costs. Furthermore, overnight fees are either debited or credited, depending on the Botswanan trader’s position.


Deposit and Withdrawal Fees

FXGT is a user-friendly trading platform that does not charge direct fees on deposits and withdrawals, benefiting Botswanan traders by preventing additional non-trading charges.

However, Botswanan traders can still face charges from their financial institutions or payment service providers, especially for currency conversions (on BWP) or international transfers.


Inactivity Fees

FXGT charges inactivity fees for accounts that remain dormant for over 90 days. The aim is to encourage ongoing trading activity or prompt account closure to avoid these charges.

Botswanan traders can avoid inactivity fees by maintaining an active account management approach and making informed decisions about account status.


Currency Conversion Fees

Botswanan traders face currency conversion fees when their account’s base currency differs from the transaction currency, especially when Botswanans use BWP.

Based on prevailing exchange rates, these fees are crucial for traders, especially those funding their accounts with currencies other than their chosen base currency, as they impact trading costs and profitability.


How do spreads fluctuate on FXGT under volatile market conditions for Botswanan traders?

While FXGT attempts to maintain narrow spreads, spreads can increase during moments of significant market volatility, influencing trading costs for Botswanan traders, who should check spreads attentively, particularly during turbulent market circumstances.


Are there any hidden costs that Botswanan traders should know about on FXGT?

No, FXGT emphasizes openness in its cost structure, guaranteeing Botswanan traders are notified about all relevant fees, including spreads, commissions, overnight, and inactivity fees, with no hidden charges.

FXGT Deposit & Withdrawal Options

FXGT Deposit & Withdrawal Options


💳 Payment Method🌎 Country✅ Currencies Accepted⏰ Processing Time
💰Debit CardAllUSD, EUR, ZAR1 minute – 48 hours
💳CryptocurrenciesAllBTC, ETH, XRP, ADA, USDT ERC20, USDT TRC201 minute – 48 hours
🪙SticpayAllEUR, USDInstant
💸NetellerAllEUR, USD, ZARInstant
🪙SkrillAllUSD, ZARInstant
💰Online NairaNigeriaEUR, USDInstant
💳Perfect MoneyAllEUR, USDInstant
💸Local BanksAllEUR, USD, ZAR, NADInstant
🪙Bank Wire TransferSouth AfricaZAR2 to 5 working days
💳Binance PayAllUSDTInstant



How to Deposit using Bank Wire Step by Step

✅Access your FXGT account and locate the ‘Deposit’ section within the account dashboard.

✅Choose ‘Bank Wire Transfer’ from the list of deposit methods provided.

✅Once you enter the deposit amount, FXGT will provide the required banking details for the wire transfer, such as the bank account number and SWIFT code.

✅Proceed with the wire transfer using the provided details through your bank’s online banking platform or by visiting a local branch.


How to Deposit using Credit or Debit Card Step by Step

✅Go to the ‘Deposit’ section in your FXGT trading account.

✅Select the credit or debit card option from the list of available deposit methods.

✅Provide your card information, including the card number, expiration date, CVV code, and desired deposit amount.

✅Double-check the details and, if needed, go through any additional verification steps using your bank’s security system.

✅After validation, your deposit will be processed, and the funds will immediately appear in your FXGT account.


How to Deposit using Cryptocurrency Step by Step

✅Log in to your FXGT account and navigate to the ‘Deposit’ section.

✅Select the cryptocurrency option and indicate your preferred type of cryptocurrency for deposit, such as Bitcoin, Ethereum, or USDT.

✅FXGT will provide you with a unique wallet address for the cryptocurrency of your choice. Make sure to copy this address.

✅To complete the transfer, follow these steps:

✅Open your cryptocurrency wallet

✅Copy and paste the broker’s wallet address

✅Enter the desired amount to transfer

✅Confirm the transaction


How to Deposit using e-Wallets or Payment Gateways Step by Step

✅Log into your FXGT account and select the ‘Deposit’ option.

✅Choose your preferred e-wallet or payment gateway from the available deposit options, like Neteller, Skrill, or SticPay.

✅Provide the desired deposit amount, and you will be directed to the payment service portal of your choice.

✅Log into your e-wallet and ensure that the payment details are accurate.

✅Once you authorize the payment, the funds will be promptly credited to your account, typically within a few hours.



How to Withdraw using Bank Wire Step by Step

✅Access the ‘Withdrawal’ section once you successfully log into your FXGT account.

✅Opt for the withdrawal method labeled ‘Bank Wire Transfer.’

✅Complete the banking details on the withdrawal form, including providing your bank account number and SWIFT code.

✅Provide the amount you want to withdraw submit your request, and FXGT will handle the processing.


How to Withdraw using Credit or Debit Cards Step by Step

✅To initiate a withdrawal from your  account, navigate to the ‘Withdrawal’ tab in the dashboard.

✅Choose the option to withdraw funds to a credit/debit card.

✅Enter the withdrawal amount, ensuring it falls within the limits of the previous deposit made with the same card.

✅Once you submit your withdrawal request, the funds will be credited back to your card within 2 to 5 days.


How to Withdraw using Cryptocurrency Step by Step

✅Find the withdrawal section in your trading account.

✅To withdraw cryptocurrency, select the appropriate option and indicate the cryptocurrency you’d like to withdraw.

✅Provide the wallet address where you would like to receive the funds.

✅Provide the desired withdrawal amount in your preferred cryptocurrency, carefully review the transaction details, and proceed to confirm the withdrawal.


How to Withdraw using e-Wallets or Payment Gateways Step by Step

✅Access your account and go to the ‘Withdrawal’ section.

✅Select an e-wallet or payment gateway for your withdrawal from the options provided, including Neteller, Skrill, or SticPay.

✅Provide the amount you want to withdraw and any additional information needed for the transaction.

✅Review the withdrawal information and submit your request.


Do Botswana traders pay any deposit fees?

FXGT does not impose direct deposit fees to Botswanan traders, guaranteeing that deposited money is completely used for trading at no extra cost.


How long do a Botswanan trader’s deposits take to reflect in their FXGT account?

Deposits made by Botswanan traders on FXGT are normally handled quickly or within a few hours, depending on the payment type used and the processing periods.

Leverage and Margin

FXGT provides Botswanan traders with a dynamic leverage ratio system that can increase market exposure with a smaller investment of 70 BWP.

With leverage of up to 1:1000 for major forex pairs, this system is ideal for Botswanans who want to maximize trading opportunities.

However, Botswanans must note that this leverage is adjusted based on the size of the positions held, decreasing as position sizes and holdings increase.


Margin requirements on FXGT are clearly outlined on the website and Client Agreement, ensuring Botswanan traders are well informed about their financial obligations when opening positions.

Furthermore, Margin is collateral held against positions and varies depending on the account type and the instruments being traded.

Botswanans must acknowledge that the FXGT leverage model impacts margin requirements, which can change as traders open larger positions or trade with more volatile instruments.

Therefore, Botswanans must understand leverage and monitor it accordingly, as the margin levels are crucial for effective risk management, which FXGT ensures its clients are well-prepared to handle.


Are different leverage ratios accessible for various trading products on FXGT for Botswanan traders?

Yes, while FXGT normally provides high leverage across all trading instruments, leverage ratios vary based on the asset class and market circumstances, offering flexibility and bespoke risk management for Botswanan traders.


Can Botswanan traders modify leverage levels on FXGT.com?

Yes, Botswanan traders can modify leverage levels on FXGT within preset limitations, allowing them to adapt their trading strategy and risk exposure according to their preferences and market circumstances.

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Educational Resources 

Educational Resources 


FXGT offers the following educational resources:

  • Comprehensive Glossary – FXGT created a glossary for Botswana traders, explaining various trading terms and concepts clearly. This resource serves as a dictionary, helping traders understand complex trading language.
  • eBooks – FXGT provides eBooks for traders at all levels, covering trading basics, risk management, psychology, and advanced strategies. These easy-to-understand, step-by-step instructions help traders in Botswana enhance their knowledge and skills in trading.


Are FXGT.com’s instructional materials often updated for Botswanan traders?

Yes, FXGT routinely updates its instructional materials to reflect current market trends, regulatory changes, and developing trading tactics. It provides Botswanan traders access to relevant and up-to-date knowledge to help their trading journey.


Can Botswanan traders use FXGT.com’s instructional tools for free?

Yes, all of FXGT’s instructional tools are accessible to Botswanan traders free of charge, illustrating FXGT’s dedication to establishing a friendly learning environment and enabling traders to make educated choices.

Bonuses and Promotions

Bonuses and Promotions


We found a variety of incentives and promos that can enhance the trading experience when we thoroughly examined FXGT’s products for Botswanan traders.

Firstly, Botswanan traders can use the $30 no-deposit bonus given to them once they have verified their trading account with FXGT.

Then, with a 50% welcome bonus on their initial deposit, they can trade using extra funds up to a maximum of $500.

Next, we saw that the loyalty incentive stands out because it provides an infinite 25% bonus on all future deposits. Subsequently, this is extremely beneficial for active traders who want to expand their investment limits.

Furthermore, in our experience, Botswanan traders who depend on consistent and rapid execution speeds for their automated trading techniques will find FXGT’s VPS sponsorship program interesting.


What bonuses can Botswana traders expect on FXGT.com?

Botswana traders can take advantage of a generous 25% Unlimited Loyalty Bonus and a range of other exciting promotional offers.


What is the Loyalty Deposit Bonus on FXGT.com?

Botswana clients can begin trading and enjoy exclusive loyalty bonuses. The terms for these bonuses can be found on their promotions page.

How to Register an Affiliate Account with FXGT Step-by-Step

To register and become an affiliate with FXGT.com, Botswana can follow these steps:


Step 1: Click on Partner

Visit the FXGT Partner Program’s webpage.

Find the “Partners” section on the website and click the “Register” banner to start the process.


How to Register an Affiliate Account with FXGT Step 1


Step 2: Fill in the Registration Form

The application form might ask for your basic information, such as:

Full Name and Surname according to your government-issued ID.

Phone Number (Starting with +233)

A Valid Email Address

Skype ID

Your website URL (this is optional)

FXGT has a few affiliate options with different commission schedules. Choose a program depending on your target population and needs.

Enter Your Marketing Information, where you can share information about your social media accounts, website, and other marketing methods. This will make your marketing strategy easier for FXGT.com to understand.

You might be requested to give your tax information.

Go through all the information that you provided to ensure accuracy. Once you are satisfied, apply.

FXGT will review your application, which could take a few days.

Once your application has been approved, you will receive your FXGT affiliate account login credentials. You can then log in to view your marketing materials and affiliate dashboard.


How to Register an Affiliate Account with FXGT Step 2


Affiliate Programs


In Botswana, the FXGT.com affiliate program offers a compelling opportunity for traders and influencers in the forex market.

When we started evaluating this program, it became evident that it is highly compatible with the thriving forex community in Botswana, providing a reliable platform for generating passive income.

This program offers competitive commission rates and provides flexibility in marketing approaches, which can be advantageous.

In our experience, traders in Botswana can maximize their opportunities by effectively using their local networks and online presence.

In addition, the program provides a range of payment options designed specifically for the Botswanan market, guaranteeing that partners receive their earnings promptly and effortlessly.

With zero setup fees and a wide range of marketing tools at your disposal, this platform is incredibly appealing.

Partners can start without any upfront costs and receive plenty of support along the way. Overall, the FXGT.com affiliate program is a smart option for those looking to capitalize on the growing popularity of forex trading in Botswana.


How do I join the FXGT.com affiliate program in Botswana?

Residents of Botswana have the opportunity to become part of the FXGT.com affiliate program. Simply register on their partners’ websites and start earning unlimited commissions.


Can Botswana affiliates withdraw their commissions from FXGT.com in fiat?

Indeed, Botswana affiliates have the option to request commission withdrawal in fiat currency from FXGT.com.

Customer Support

Customer Support


Customer SupportFXGT Customer Support
⏰ Operating Hours24/7
🗣 Support LanguagesMultilingual
🗯 Live ChatYes
📧 Email Address[email protected]
☎️ Telephonic SupportYes
🥇 Overall quality of FXGT Support5/5


What is the best way for Botswana clients to contact FXGT.com customer support?

FXGT.com offers 24/7 customer support through email and live chat for clients in Botswana.


What is the best way for Botswana clients to contact FXGT.com customer support?

FXGT.com offers 24/7 customer support through email and live chat for clients in Botswana.

FXGT.com Social Responsibility

FXGT.com does not currently provide any information regarding CSR initiatives or projects.

Pros & Cons

✅ Pros❌ Cons
FXGT.com charges no deposit or withdrawal feesFXGT.com does not have regulations in Botswana
FXGT supports various strategies like automated trading with EAs, news trading, scalping, etc.There are no GHS-denominated account
FXGT.com is known for its transparency and competitive feesThere are inactivity fees charged when traders let their accounts go dormant

FXGT Security Measures

FXGT is a broker prioritizing client protection by implementing robust security measures to ensure a secure trading environment.

Despite not being regulated by local Botswana regulatory entities, FXGT.com has a comprehensive security framework that aligns with international standards, with regulations from FSCA, FSA, VFSA, and CySEC.

FXGT.com User Comments and Reviews

We found the following customer reviews on popular and reputable websites regarding FXGT.com:

  • “Had some issues during market surges, but I don’t think FXGT is to blame; I blame the markets themselves. The platform is responsive and stable, in my opinion.”
  • “The FXGT toolbox is very remarkable; it has really enhanced my trading strategy.”
  • “Had some trouble with FXGT policy-related matters. Their website policies and display name may use some improvement.”

Our Recommendations on FXGT.com

Based on our comprehensive review, we can make the following recommendations on how FXGT.com can improve its offer:

  • Create an environment where Botswanan traders can meet, network, and provide mutual assistance to foster a spirit of camaraderie and shared learning.
  • Helping local traders with customer service in Setswana can improve their experience by removing communication obstacles.
  • com can make it easier to deposit and withdraw money in Botswana by integrating some of the more popular payment options in the country.

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According to our research, FXGT.com is a prominent forex and CFD trading broker, offering various services and tools to cater to different Botswanan trading preferences.

Furthermore, FXGT.com offers leverage options up to 1:1000, competitive spreads, and a variety of trading instruments, including forex, cryptocurrencies, and precious metals.

FXGT.com also offers Botswanan advanced trading platforms like MetaTrader 4 and MetaTrader 5, along with educational resources like eBooks and glossaries.

However, in our experience, Botswanan traders must be aware of international security measures, currency conversion fees, and the possibility of inactivity fees.

Despite the lack of local regulatory oversight in Botswana, we can conclude that because FXGT.com adheres to international security measures and protocols, it is a reliable choice for Botswanan traders seeking a dynamic trading platform.

Our Insight

From what I gathered, FXGT is known for having relatively tight spreads, quick execution times, and an easy-to-use interface that all types of traders can work on without any trouble -> fast execution speeds, low slippage, and competitive spreads make FXGT a popular platform for traders at all levels because the company cares about what it offers to its clients; their trading environment is safe due to compliance with established norms in this area since it emphasizes safety at all times including following guidelines set by law enforcement agencies.

Frequently Asked Questions

Are local currencies accepted for trading on FXGT by Botswanan traders?

No, the broker offers trading in various base currencies, but Botswanan Pula is not directly supported. Traders must convert their funds into one of the platform’s accepted base currencies, USD or EUR.


How long does FXGT withdrawal take?

Withdrawal times at the broker can vary, with bank transfers typically taking 2 to 5 business days, while e-wallets and cryptocurrencies are usually processed instantly within 48 hours.


What is the FXGT minimum deposit?

The broker has a low minimum deposit requirement of approximately 70 BWP (or 5 USD).


Are there any account types tailored to Botswanan traders on FXGT.com?

No, FXGT does not offer any specific account types catered to Botswanans.

Nevertheless, FXGT provides a range of account options, such as Mini, Standard+, Pro, and ECN accounts, to cater to the different requirements and preferences of traders worldwide.


Is FXGT.com a safe broker?

The broker prioritizes the safety of its trading environment by implementing strict international security measures, such as fund segregation and encryption, even though any local regulatory entity in Botswana does not regulate it.


How does FXGT.com ensure the privacy and security of information for traders from Botswana?

The broker prioritizes Botswanan clients’ privacy and security by protecting all client information and data. Robust encryption technologies protect the transmission and storage of all information and data.


What can I trade with FXGT.com?

Traders from Botswana have the opportunity to explore a diverse range of trading options on FXGT. These options include forex pairs, cryptocurrencies, precious metals, energies, indices, stocks, DeFi Tokens, and NFTs.


Where is FXGT.com based?

The broker is headquartered in Cyprus but has South Africa and the Seychelles offices.


What leverage ratios do FXGT.com provide for traders from Botswana?

The broker offers high leverage on major forex pairs, potentially allowing Botswanan traders to increase their trading positions.

9.5/10 - (2 votes)

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