Exness Review
Global GT Review
Overall, Global GT is considered secure and can be summarised as dependable and well-grounded. Global GT is regulated by the elite FSCA and the FSA. Global GT is currently one of the most prestigious platforms, ranked with an overall trust score of 95% out of 100. GT Global is currently not regulated by the Central Bank of Botswana.
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Trading Platforms
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.5/5
Min Deposit
USD 300 / 4 022 BWP
Regulators
FSCA
Trading Desk
MetaTrader 5
Crypto
Yes
Total Pairs
60
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Global GT Review – 23 key points quick overview:
Global GT Overview
👉 Overall, Global GT is considered low-risk, with an overall Trust Score of 89 out of 100. Global GT is licensed by zero Tier-1 Regulators (high trust), one Tier-2 Regulator (average trust), and one Tier-3 Regulator (low trust). Global GT offers six different retail trading accounts: a Cent Account, Mini Account, Standard FX Account, Standard+ Account, Pro Account, and ECN Account.
👉 In 2020, Global GT opened for business as a foreign exchange broker. Known for its reliability and professionalism, GT Group runs this CFD and Forex broker. In addition, the firm now runs several profitable brokers in other locations, particularly in South and Southeast Asia and Africa.
👉 Even though it is a hybrid broker, Global GT is regulated and provides a small variety of trading products in addition to its other benefits. They provide a wide variety of user-friendly trading platforms accessible from various devices.
👉 Global GT accepts Botswanan clients and has an average spread from 0.0 pips with a $10 commission round turn. In addition, global GT has a maximum leverage
👉 The MT5 Platform is supported. Global GT is headquartered in South Africa and is regulated by the FSCA and Seychelles FSA.
Global GT Distribution of Traders
👉 Global GT currently has the largest market share in these countries:
➡️ Indonesia – 25.52%
➡️ South Africa – 18.8%
➡️ India – 18.7%
➡️ Malaysia – 17.8%
➡️ Thailand – 12.6%
Popularity among traders who choose Global GT
👉 Since it is in South Africa and has been authorized by the FSCA and FSA in Seychelles, Global GT is among the top 25 brokers suggested for Botswanan investors.
Global GT At a Glance
| 🏛 Headquartered | South Africa |
| 🌎 Global Offices | South Africa, Seychelles |
| 🏛 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 | 2020 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Twitter • Telegram • YouTube |
| ⚖️ Regulation | FSCA, FSA |
| 1️⃣ Tier-1 Licenses | None |
| 2️⃣ Tier-2 Licenses | • Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | • Financial Services Authority (FSA) |
| 🪪 License Number | • South Africa – FSP 48896 • Seychelles – SD019 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Regional Restrictions | United States, Russia, Canada, Iran, and North Korea |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 6 |
| ✔️ PAMM Accounts | Yes |
| 💻 Liquidity Providers | None indicated |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market Execution |
| 📊 Starting spread | 1 pip |
| 📉 Minimum Commission per Trade | From $1 per share |
| 💰 Decimal Pricing | Up to 5 digits after the comma |
| 📞 Margin Call | 80% |
| 🛑 Stop-Out | 50% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | 500 lots |
| ✅ Crypto trading offered? | No |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | 1:1000 |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 66 Botswanan Pula or equivalent to $5 |
| ✔️ Botswana Pula Deposits Allowed? | No, only USD, GBP, EUR |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based Global GT customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Debit Card • Credit Card • Cryptocurrencies • Sticpay • Neteller • Skrill • Online Naira • Perfect Money • Local Banks • Zotapay • Fasapay • Bank Wire Transfer |
| 💻 Minimum Withdrawal Time | Instant |
| ⏰ Maximum Estimated Withdrawal Time | Up to 5 working days |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • MetaTrader 5 |
| 💻 Tradable Assets | • Forex • Cryptocurrencies • Synthetic Cryptocurrencies • Precious Metals • Energies • Equity Indices • GTi12 • Stocks • DeFi Tokens • NFTs |
| ✔️ Offers USD/BWP currency pair? | No |
| 📊 USD/BWP Average Spread | No |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, Arabic |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | Yes |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswana beginner traders | Yes |
| 📱 Proprietary trading software | No |
| 🤝 Most Successful Trader in Botswana | Currently unknown |
| ✔️ Is Global GT a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for Global GT Botswana | 8/10 |
| 🥇 Trust score for Global GT Botswana | 89% |
| 👉 Open Account | 👉 Open Account |
Global GT Regulation and Safety of Funds
Global GT Regulation in Botswana
👉 The local market regulators in Botswana are as follows:
➡️ Ministry of Finance and Economic Development (MFED)
➡️ Bank of Botswana (BoB)
➡️ Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
👉 While Global GT is regulated globally, the broker does not yet have local regulations or licenses in Botswana. However, despite this, Global GT is a popular and trustworthy broker that accommodates Botswanan traders.
Global GT Global Regulations
👉 Global GT is based in South Africa with offices in Seychelles. As a result, the following organizations govern and supervise Global GT:
➡️ South Africa – The Financial Sector Conduct Authority (FSCA) has registered and regulated Global GT as GT IO Markets (Pty) Ltd as a Financial Service Provider (FSP48896).
➡️ Seychelles – Global GT operates via 360 Degrees Ltd, which has a Securities Dealer’s License with the license number SD019. Furthermore, the company is formally registered and incorporated in the Republic of Seychelles under registration number 8421720-1.
Global GT Client Fund Security and Safety Features
👉 Global GT, while a global firm, is not regulated by ESMA and hence cannot offer financial services to European Union nations.
👉 Global GT offers market coverage to protect investors from potential dangers. In the case of errors, omissions, or other dangers, third parties are financially covered.
👉 Every customer’s funds are kept separate from the company’s operational cash. As a result, the balance in this account is insufficient to meet financial obligations. In addition, a customer’s personal information is safeguarded using the most powerful encryption technology available.
👉 Traders with Global GT also have the option of negative balance protection, which ensures that their losses will never exceed the number of funds accessible in their accounts.
Global GT Awards and Recognition
👉 Global GT indicates that the latest award it has won is “Best CFDs Broker” in 2024, awarded during the UF Awards.
Global GT Account Types and Features
👉 When investing with Global GT, Botswana clients may choose from a few account types and sizes to suit their investment objectives and asset classes of choice.
👉 Global GT is well-known for providing low spreads, dynamic leverage, and a wide range of deposit and withdrawal methods, in addition to the live trading accounts listed below.
👉 Botswanan traders can access the following live trading accounts:
➡️ Cent Account
➡️ Mini Account
➡️ Standard FX Account
➡️ Standard+ Account
➡️ Pro Account
➡️ ECN Account
| 💻 Live Account | 💳 Minimum Dep. | 📊 Average Spread | 💸 Commissions | 💰 Average Trading Cost |
| Cent | 66 BWP/5 USD | 19 pips | Spread only | 11 USD |
| Mini | 66 BWP/5 USD | 10 pips | Spread only | 6 USD |
| Standard FX | 66 BWP/5 USD | 15 pips | Spread only | 9 USD |
| Standard+ | 66 BWP/5 USD | 15 pips | Spread only | 9 USD |
| Pro | 66 BWP/5 USD | 5 pips | Spread only | 5 USD |
| ECN | 66 BWP/5 USD | 0.0 pips | $10 | 10 USD |
Global GT Live Trading Account Details
Cent Account
👉 Beginner Botswanan traders would benefit from this account since it allows them to experience real-time market conditions without the hazards associated with more traditional trading techniques.
👉 Skilled traders may use the Cent Account to assess their trading methods on the live market before implementing them.
| Account Feature | Value |
| 💻 Contract Size | 1,000 Base Units of Currency |
| 💵 Asset Classes | Forex Major and Minor Pairs |
| 📊 Average Spread | 19 pips |
| 💸 Commissions charged | None |
| 📈 Maximum Leverage | 1:1000 depending on the trading volume |
| 📉 Minimum Deposit | 66 BWP or an equivalent to $5 |
| ✔️ Access to Promotions and Bonuses? | Yes |
| 🔄 Swap-Free Option | Yes, by default |
| 📈 Maximum Trade Size | 500 lots |
| 📉 Maximum Volume Limit | 400 lots |
| 💰 Base Account Currency | USD or EUR |
| 💻 Order Execution | Market |
| 📞 Margin Call | 50% |
| 🛑 Stop-out | 20% |
| 📈 Limit and Stop Levels | Yes |
| 📊 Maximum Number of Open Positions | 150 lots |
| 📉 Maximum Number of Pending Positions | 50 lots |
| ❌ Is Negative Balance Protection Applied? | Yes |
Mini Account
👉 The Mini Account caters to novice and experienced traders, with lower position sizes starting at 10,000 units of the base currency. In addition, this account provides access to more asset classes, narrower spreads, and various additional advantages.
| Account Feature | Value |
| 💻 Contract Size | 10,000 Base Units of Currency |
| 💵 Asset Classes | Forex Major and Minor Pairs, Exotics, CFD Indices, Precious Metals, Energies, CFD Cryptocurrencies, GTi12 Index |
| 📊 Average Spread | 10 pips |
| 💸 Commissions charged | None |
| 📈 Maximum Leverage | 1:1000 depending on the trading volume |
| 📉 Minimum Deposit | 66 BWP or an equivalent to $5 |
| ✔️ Access to Promotions and Bonuses? | Yes |
| 🔄 Swap-Free Option | Yes, by default |
| 📈 Maximum Trade Size | 200 lots |
| 📉 Maximum Volume Limit | 500 lots |
| 💰 Base Account Currency | BTC, ETH, USDT, ADA, XRP, EUR, USD, ZAR |
| 💻 Order Execution | Market |
| 📞 Margin Call | 50% |
| 🛑 Stop-out | 20% |
| 📈 Limit and Stop Levels | Yes |
| 📊 Maximum Number of Open Positions | 150 lots |
| 📉 Maximum Number of Pending Positions | 50 lots |
| ❌ Is Negative Balance Protection Applied? | Yes |
Standard FX Account
👉 The Standard FX Account provides Botswanan traders with access to a broader range of trading products, as well as the following specific features:
| Account Feature | Value |
| 💻 Contract Size | 10,000 Base Units of Currency |
| 💵 Asset Classes | Forex Major and Minor Pairs, Exotics, CFD Indices, Precious Metals, Energies, CFD Cryptocurrencies, GTi12 Index |
| 📊 Average Spread | 15 pips |
| 💸 Commissions charged | None |
| 📈 Maximum Leverage | 1:1000 depending on trader’s equity |
| 📉 Minimum Deposit | 66 BWP or an equivalent to $5 |
| ✔️ Access to Promotions and Bonuses? | Yes |
| 🔄 Swap-Free Option | Yes, by default |
| 📈 Maximum Trade Size | 100 lots |
| 📉 Maximum Volume Limit | 200 lots |
| 💰 Base Account Currency | BTC, ETH, USDT, ADA, XRP, EUR, USD, ZAR |
| 💻 Order Execution | Market |
| 📞 Margin Call | 50% |
| 🛑 Stop-out | 20% |
| 📈 Limit and Stop Levels | Yes |
| 📊 Maximum Number of Open Positions | 100 lots |
| 📉 Maximum Number of Pending Positions | 100 lots |
| ❌ Is Negative Balance Protection Applied? | Yes |
Standard+ Account
👉 The Standard+ account is a joint account suitable for many Botswanan traders, regardless of their level of trading competence, trading techniques used, or trading goals they want to achieve. Standard accounts are available with a choice of deposit limits and currency options.
| Account Feature | Value |
| 💻 Contract Size | 100,000 Base Units of Currency |
| 💵 Asset Classes | Forex Major and Minor Pairs, Exotics, CFD Indices, Precious Metals, Energies, CFD Cryptocurrencies, GTi12 Index |
| 📊 Average Spread | 15 pips |
| 💸 Commissions charged | None |
| 📈 Maximum Leverage | 1:1000 depending on trader’s equity |
| 📉 Minimum Deposit | 66 BWP or an equivalent to $5 |
| ✔️ Access to Promotions and Bonuses? | Yes |
| 🔄 Swap-Free Option | Yes, by default |
| 📈 Maximum Trade Size | 100 lots |
| 📉 Maximum Volume Limit | 200 lots |
| 💰 Base Account Currency | BTC, ETH, USDT, ADA, XRP, EUR, USD, ZAR |
| 💻 Order Execution | Market |
| 📞 Margin Call | 50% |
| 🛑 Stop-out | 20% |
| 📈 Limit and Stop Levels | Yes |
| 📊 Maximum Number of Open Positions | 100 lots |
| 📉 Maximum Number of Pending Positions | 100 lots |
| ❌ Is Negative Balance Protection Applied? | Yes |
Pro Account
👉 The Pro Account is one of two advanced account types offered under Global GT’s “Reach Pro.” It features some of the best trading conditions, access to all markets, low minimum deposit requirements, and the following features:
| Account Feature | Value |
| 💻 Contract Size | 100,000 Base Units of Currency |
| 💵 Asset Classes | FX Majors, FX Minors, Exotics, CFD Indices, Metals, Energies, CFD Stocks, CFD Cryptos, Synthetic Cryptos, GTi12 Index, DeFi Tokens, NFTs |
| 📊 Average Spread | 0.0 pips |
| 💸 Commissions charged | None |
| 📈 Maximum Leverage | 1:1000 depending on trading volume |
| 📉 Minimum Deposit | 66 BWP or an equivalent to $5 |
| ✔️ Access to Promotions and Bonuses? | Yes |
| 🔄 Swap-Free Option | Yes, by default |
| 📈 Maximum Trade Size | 200 lots |
| 📉 Maximum Volume Limit | 200 lots |
| 💰 Base Account Currency | BTC, ETH, USDT, ADA, XRP, EUR, USD, ZAR |
| 💻 Order Execution | Market |
| 📞 Margin Call | 70% |
| 🛑 Stop-out | 40% |
| 📈 Limit and Stop Levels | Yes |
| 📊 Maximum Number of Open Positions | 100 lots |
| 📉 Maximum Number of Pending Positions | 100 lots |
| ❌ Is Negative Balance Protection Applied? | Yes |
Global GT Base Account Currencies
👉 Global GT, unlike other brokers, allows its customers to open a live account and use cryptocurrencies as the primary account currency with a few fiat currencies.
👉 Botswanans trading with Global GT could choose BTC, ETH, USDT, ADA, XRP, EUR, USD, or ZAR as their account’s base currency. However, because Global GT does not accept BWP as a base currency, Botswanan traders might face currency conversion fees on deposits and withdrawals.
Global GT Demo Account
👉 Botswanan traders could access Global GT’s live trading platforms by opening a practice account on any of them. This will give traders a clear image of what they may expect from their future interactions with Global GT.
👉 Financial products may be traded without putting real money at risk since traders have access to current market circumstances and tools and the full range of functionality.
👉 A demo account is great for Botswanan traders who are just starting in the trading industry and want to practice in a risk-free environment.
👉 More experienced traders may use the trial account to test and fine-tune their trading techniques before putting their actual money at risk in live trading circumstances.
Global GT Islamic Account
👉 Depending on the forex trader’s trading style and plan, they may keep their trading positions open for more than 24 hours on a trading day.
👉 This implies the trader might be charged an overnight or rollover fee. This type of interest is banned by Sharia law’s Riba rules, which implies that Muslim traders are often limited in forex trading.
👉 Global GT provides Botswanan Muslim traders the option of converting a live trading account into an Islamic Account. Subsequently, traders are exempted from overnight fees.
How to open an Account with Global GT in Botswana
➡️ Botswanans can register for the Global GT Client Portal by visiting the company’s official website and selecting the Client Portal option.
➡️ Traders can open a Live Account after enrolling on the Client Portal and completing the application, including personal information, trade information, a source of income, and other valuable information.
➡️ As part of the Anti-Money Laundering and Know Your Customer (KYC) procedure, Botswanan traders must provide proof of their identity and home address to complete the application.
➡️ After the papers and information given are checked, the account will be authorized, and traders will be able to deposit the minimum amount to begin trading.
How to Register Your Account
👉 Step 1 – Go to the Official Global GT Website
➡️ Once you are on the Global GT website, click on “Register Now”.
👉 Step 2 – Fill Out Your Details
➡️ Fill out your personal details such as your name, email address, country of residence, and create a password for your account.
👉 Step 3 – Verify Your Account
➡️ Verify your account. You are all set and ready to trade!
Global GT Vs AvaTrade Vs easyMarkets – Broker Comparison
| 🥇 Global GT | 🥈 AvaTrade | 🥉 easyMarkets | |
| ⚖️ Regulation | FSCA, FSA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | BVI FSC, CySEC, ASIC, FSA |
| 📱 Trading Platform | MetaTrader 5 | • AvaTradeGO • AvaOptions • AvaSocial • MetaTrader 4 • MetaTrader 5 • DupliTrade • ZuluTrade | • easyMarkets Platform • MetaTrader 4 • MetaTrader 5 • TradingView |
| 💰 Withdrawal Fee | No | No | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 66 BWP | 1,300 BWP | 330 BWP |
| 📊 Leverage | 1:1000 | • 1:30 (Retail) • 1:400 (Pro) | Up to 1:400 |
| 📊 Spread | From 0.0 pips | Fixed, from 0.9 pips | Fixed, 0.03 USD |
| 💰 Commissions | $10 | None | None |
| ✴️ Margin Call/Stop-Out | 80%/50% | • 25% – 50% (M) • 10% (S/O) | 70%/30% |
| 💻 Order Execution | Market | Instant | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | Yes | No | No |
| 📈 Account Types | • Cent Account • Mini Account • Standard FX Account • Standard+ Account • Pro Account • ECN Account | • Standard Live Account • Professional Account Option | • Standard Account • Premium Account • VIP Account |
| ⚖️ CBN Regulation | No | No | No |
| 💳 BWP Deposits | No | No | Yes |
| 📊 Botswana Pula Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | 5 | 1 | 3 |
| ☪️ Islamic Account | No, all accounts are Sharia-compliant | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 500 lots | Unlimited | 50 lots |
| 💰 Minimum Withdrawal Time | Instant | 24 to 48 Hours | Instant |
| 📊 Maximum Estimated Withdrawal Time | Up to 5 working days | Up to 10 days | Up to 5 Days |
| 💸 Instant Deposits and Instant Withdrawals? | Yes, Deposits and Withdrawals | Yes | Yes |
Global GT Trading Platforms
👉 Global GT offers Botswanan traders a choice between these trading platforms:
➡️ MetaTrader 5
Desktop Platforms
👉 MetaTrader 5 (MT5), the trading platform used by Global GT, is accessible on desktop computers and laptops. Millions of traders have trusted it worldwide since it was created in 2010 by a Russian software business and is widely utilized.
👉 A few of the trading instruments available on the Global GT MetaTrader 5 platform, which is regularly updated, include one-click trading, flexible trading systems, algorithmic trading tools, many charting and analysis, and one-click trading.
WebTrader Platforms
👉 Forex firms are increasingly using MT5 online, one of the industry’s most reliable and well-known trading platforms. There are endless charts to pick from, 38 technical indicators, 44 analytical components, and 21 timeframes.
👉 Compared to its predecessor, it has a more modern interface and includes an economic calendar and Depth of Market.
Trading App
👉 The broker’s choice to provide MetaTrader 5 shows how well it knows the industry and how to satisfy the needs of its clients since it is recognized as one of the best CFD trading platforms out there.
👉 To submit orders for quick market execution, traders may use the MetaTrader 5 platform or the app’s live rates.
👉 Users may access charts, indicators, and other practical trading tools via the MetaTrader 5 software, which is accessible for iOS and Android mobile devices. Many of these tools have been created by other MetaTrader 5 users.
Global GT Range of Markets
👉 Botswanan traders can expect the following range of markets from Global GT:
➡️ Forex
➡️ Cryptocurrencies
➡️ Synthetic Cryptocurrencies
➡️ Precious Metals
➡️ Energies
➡️ Equity Indices
➡️ GTi12
➡️ Stocks
➡️ DeFi Tokens
➡️ NFTs
Financial Instruments and Leverage offered by Global GT
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Forex | 54 | • Majors – 1:20 to 1:1000 • Minors – 1:20 to 1:1000 • Exotics – 1:20 to 1:500 |
| ➡️ Cryptocurrencies | 32 | 1:50 – 1:1000 |
| ➡️ Synthetic Cryptocurrencies | 11 | 1:1000 |
| ➡️ Precious Metals | 2 | 1:1000 |
| ➡️ Energies | 3 | 1:100 |
| ➡️ Equity Indices | 8 | 1:500 |
| ➡️ Stocks | 31 | 1:50 |
| ➡️ DeFi Tokens | 10 | 1:50 |
| ➡️ NFTs | 5 | 1:50 |
Broker Comparison for Range of Markets
| Global GT | AvaTrade | easyMarkets | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | Yes | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | No | Yes | Yes |
| ➡️️ Options | No | Yes | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | Yes | No |
Global GT Trading and Non-Trading Fees
Spreads
👉 Depending on the kind of account and financial instrument, Global GT offers different spreads. Therefore, depending on these and other market circumstances, traders can anticipate spreads to change during the trading day.
👉 The following common spreads might be anticipated from Botswanan traders:
➡️ Cent Account – 19 pips EUR/USD
➡️ Mini Account – 10 pips EUR/USD
➡️ Standard FX Account – 15 pips EUR/USD
➡️ Standard+ Account – 15 pips EUR/USD
➡️ Pro Account – 5 pips EUR/USD
➡️ ECN Account – 0.0 pips EUR/USD
Commissions
👉 Global GT charges a fixed fee, a commission, for facilitating transactions. Botswanan traders can anticipate the following commissions:
➡️ ECN Account – from $10 round turn
Overnight Fees, Rollovers, or Swaps
👉 Botswanan traders are charged overnight costs if they leave their positions open for more than 24 hours.
👉 They are removed from or credited to the trading account depending on whether the trader is in a long (buy) or short (sell) position.
👉 The following are some of Global GT’s average overnight fees on EUR/USD:
➡️ Cent Account – -2.75 Bid and -8.25 Ask
➡️ Mini Account – -2.25 Bid and -7.75 Ask
➡️ Standard FX Account – -1 Bid and -7 Ask
➡️ Standard+ Account – -1 Bid and -7 Ask
➡️ Pro Account – 0.74 Bid and -5.87 Ask
➡️ ECN Account – -0.9 Bid and -6.8 Ask
Deposit and Withdrawal Fees
👉 Global GT does not charge any fees on deposits or withdrawals.
Inactivity Fees
👉 After 90 days of inactivity, a $10 inactivity fee will be applied to a dormant trading account. This fee is charged monthly until the account balance reaches zero.
Currency Conversion Fees
👉 Global GT can charge a conversion fee when traders deposit or withdraw in currencies other than their base account currency.
Global GT Deposits and Withdrawals
👉 Global GT offers the following deposit and withdrawal methods:
➡️ Debit Card
➡️ Credit Card
➡️ Cryptocurrencies
➡️ Sticpay
➡️ Neteller
➡️ Skrill
➡️ Online Naira
➡️ Perfect Money
➡️ Local Banks
➡️ Zotapay
➡️ Fasapay
➡️ Bank Wire Transfer
Broker Comparison: Deposit and Withdrawals
| 🥇 Global GT | 🥈 AvaTrade | 🥉 easyMarkets | |
| Minimum Withdrawal Time | Instant | 24 to 48 Hours | Instant |
| Maximum Estimated Withdrawal Time | Up to 5 working days | Up to 10 days | Up to 5 Days |
| Instant Deposits and Instant Withdrawals? | Yes, Deposits and Withdrawals | No | Yes |
Global GT Deposit Currencies, Processing Time, Minimum Withdrawal
| 💳 Payment Method | 💵 Deposit Currencies | 💳 Deposit Processing | 💰 Withdrawal Processing | 💸 Min Withdrawal |
| Debit Card | USD, EUR, ZAR | Instant | 2 to 5 working days | 10 USD 10 EUR 200 ZAR |
| Credit Card | USD, EUR, ZAR | Instant | 2 to 5 working days | 10 USD 10 EUR 200 ZAR |
| Cryptocurrencies | BTC, ETH, XRP, ADA, USDT ERC20, USDT TRC20 | 1 to 30 minutes | Within 48 hours | 0.0001 BTC 0.05 ETH 25 XRP 0.0001 ADA 25 USDT ERC20 25 USDT TR20 |
| Sticpay | EUR, USD | Instant | Within 48 hours | 10 EUR 10 USD |
| Neteller | EUR, USD, ZAR | Instant | Instant | 5 EUR 5 USD 85 ZAR |
| Skrill | USD, ZAR | Instant | Instant | 5 USD 85 ZAR |
| Online Naira | EUR, USD | Instant | Instant | 5 EUR 5 USD |
| Perfect Money | EUR, USD | Instant | Instant | 50 EUR 50 USD |
| Local Banks | EUR, USD, ZAR | Instant | 1 to 2 working days | 10 EUR 10 USD 100 ZAR |
| Zotapay | USD | Instant | Instant | 5 USD |
| Fasapay | USD | Instant | Instant | 10 USD |
| Bank Wire Transfer | ZAR | 2 to 5 working days | 2 to 5 working days | 100 ZAR |
How to Deposit Funds with Global GT
👉 To deposit funds to an account with Global GT, Botswanan traders can follow these steps:
➡️ Log into the website’s Secure Area and select the interface’s highlighted “Deposit.” button.
➡️ Select your preferred deposit method.
➡️ Select a currency and complete the required fields.
➡️ Complete any further steps required by the payment source.
👉 Botswanans must note that to process credit card payments, and all Global GT clients must provide a front and back copy of their credit card by following the steps outlined in the Client Portal.
👉 In addition, Botswanans who use crypto wallets must note that Cryptocurrency deposits and withdrawals are contingent upon the blockchain’s capacity.
👉 The minimum Deposit amount for Perfect Money Bank Wire Deposit Method is $300 (or equivalent in EUR), subject to the payment partner’s minimum requirement.
Global GT Fund Withdrawal Process
👉 To withdraw funds from an account with Global GT, Botswanan traders can follow these steps:
➡️ Once traders have logged into their Secure Area, they may choose the withdrawal option.
➡️ Next, Botswanans can enter the desired withdrawal amount.
➡️ Lastly, Botswanans can choose the e-wallet from which they want to withdraw funds and provide any further information required to complete the transaction.
👉 e-Wallets (like Skrill, Neteller, etc.) need a confirmed email address that corresponds with the email address used to sign up for an account at Global GT.
👉 Suppose a client’s email address does not match. In that case, traders will be asked to show evidence of e-Wallet ownership so that Global GT can manage withdrawal requests. In such instances, withdrawal requests may be delayed until ownership is verified.
👉 Withdrawals through Credit Card and Bank Wire may be requested at any time. However, Botswanans must note that they will be managed during banking business hours, Monday through Friday, 9 am to 5 pm GMT.
👉 In addition, traders must note that all processing timeframes may vary based on the form of payment utilized.
Global GT Education and Research
Education
👉 Global GT offers the following Educational Materials:
➡️ Live Webinars
➡️ Interaction with analyst experts
➡️ Educational Portal
➡️ MT5 Tutorials
➡️ Live Trading Sessions
➡️ Real-time Trading Debates
➡️ Daily Financial News
Research and Trading Tool Comparison
| 🥇 Global GT | 🥈 AvaTrade | 🥉 easyMarkets | |
| ➡️ Economic Calendar | Yes | Yes | Yes |
| ➡️ VPS | No | No | No |
| ➡️ AutoChartist | No | No | No |
| ➡️ Trading View | No | No | Yes |
| ➡️ Trading Central | No | Yes | Yes |
| ➡️ Market Analysis | No | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
👉 Global GT also offers Botswanan traders the following additional Research and Trading Tools:
➡️ MQL5 Trading Signals
➡️ Trader Insights
➡️ Economic Calendar
➡️ Holiday Calendar
Global GT Bonuses and Promotions
👉 Global GT offers Botswanan traders the following bonuses and promotions:
➡️ Welcome Bonus
➡️ Loyalty Bonus
➡️ Crypto Cashback Bonus
Welcome Bonus
👉 The 40% Welcome Bonus offered by Global GT is provided to all traders who register a live account for the first time.
👉 The bonus is a structured 3-tier bonus where more deposits will provide Botswanan traders a larger bonus. The bonus credit that traders can expect are as follows:
➡️ 0 USD – 149 USD – Traders receive a 20% loyalty bonus up to $6,000.
➡️ 150 USD – 1,999 USD – Traders receive a 40% welcome bonus of up to $600.
➡️ 2,000 USD and more – Traders receive a 40% welcome bonus, and they could qualify for a maximum limit of up to $1,500.
Loyalty Bonus
👉 The loyalty bonus is applied to all subsequent and consecutive fund transfers, allowing traders to earn up to a maximum of $6,000.
👉 To become eligible, traders must deposit funds into their Global GT Wallet and transfer them to their live trading account. The Loyalty Bonus/Supercharger promotion offers two tiers, namely:
➡️ Get a 20% loyalty incentive on multiple deposits under $2,000 (up to a maximum bonus of $6,000).
➡️ Get a 30% bonus on single deposits of $2,000 or more (up to a maximum bonus of $6,000) with the loyalty bonus supercharger.
How to open an Affiliate Account with Global GT
👉 To register an Affiliate Account, Botswanan traders can follow these steps:
➡️ Botswanans can complete the following procedures to set up an affiliate account:
➡️ Go to the “Partners” area of the homepage under the main menu options of Global GT’s official website.
➡️ When you choose this option, the Global GT partner website will open, allowing you to review the Commission Plan, Partner Structure, and Promotions and Material sections to determine whether this program is a good fit for your requirements and goals.
➡️ To sign up, click the blue “Partner Registration” banner in the page’s upper right corner.
➡️ Register for the Affiliate Portal by entering your full name, email address, and password in the appropriate sections.
➡️ You can choose BTC, ETH, XRP, ADA, USDT, EUR, USD, TRX, or ZAR as the currency for your client account.
➡️ Enter your cellphone number in the space provided after selecting your country of residency from the drop-down list.
➡️ Before accepting the terms and conditions, read them.
➡️ After completing the reCAPTCHA, click the “register” button.
➡️ Return to the Global GT website to set up your affiliate account after checking your email for the activation link.
Global GT Affiliate Program Features
👉 One of the most competitive partner programs in the financial industry, with various extra features and exclusive incentives, is offered by Global GT to support and reward devoted partners for their work and dedication.
👉 The Global GT program has various levels of participation based on how many qualified, active traders there are. The more active the traders, the more profit they generate.
👉 For the duration of their client’s transactions, partners receive commission payments. The commissions that may be paid increase as more clients engage in trading. Commission tiers and levels are reviewed each month.
👉 Selected partners with a history of success could be subject to conditions and commission levels. Following are the commission tiers that affiliates might anticipate receiving:
➡️ Bronze – up to $17 per lot with between 1 to 9 client activations.
➡️ Silver – up to $20 per lot with between 10 to 19 client activations.
➡️ Gold – up to $23 per lot with between 20 to 29 client activations.
➡️ Platinum – up to $26 per lot with between 30 to 49 activations.
➡️ Elite – commissions up to $30 per lot traded by clients with 50 and more activations.
Partner Structure
👉 Global GT’s partner structure is as follows:
➡️ Direct client referral.
➡️ Referring to other affiliates (Sub-Affiliates Level 1).
➡️ Referral of other affiliates through their sub-affiliates (which is Sub-Affiliates Level 2).
👉 When a Partner creates a network of Sub Affiliates, they are referred to as a “Master Affiliate” and are entitled to an additional 10% of the total sub-affiliate (level 1) income, which is the direct commission that the sub-affiliate receives from their consumers.
👉 Sub-affiliate 1 is entitled to 10% of Sub-affiliate 2’s overall earnings if Sub-affiliate 1 refers another affiliate (Sub-affiliate 2), with the Master Affiliate receiving 5% of Sub-affiliate 2’s profits.
👉 Botswanan affiliates should remember that commissions are determined by the quantity of qualified active traders and the types of assets that clients trade. The commission scheme that Global GT offers is as follows:
➡️ Bronze – up to $17 per lot
➡️ Silver – up to $20 per lot
➡️ Gold – up to $23 per lot
➡️ Platinum – up to $26 per lot
➡️ Elite – up to $30 per lot
Promotions and Material
👉 Partners can access ready-to-use marketing tools and promotional materials on the Global GT Partner Portal.
👉 These facilitate the sped-up operations and enhanced communication between Global GT and its Partners, as well as between Partners and their clients.
👉 Additionally, long-term Global GT partners with a history of great client conversion, retention, and volume may ask for exclusive promotions for their clientele.
Global GT Customer Support
👉 Global GT offers 24/7 customer support that can be contacted in several ways. In addition, Global GT offers prompt, helpful support that can address a wide range of queries.
| Customer Support | Global GT’s Customer Support |
| ⏰ Operating Hours | 24/7 |
| 🗣 Support Languages | English |
| 🗯 Live Chat | Yes |
| 📧 Email Address | Yes |
| ☎️ Telephonic Support | Yes |
| 📞 Local Support in Botswana? | No |
| 🥇 Overall quality of Global GT Support | 4.6/5 |
Global GT Corporate Social Responsibility
👉 Global GT, a top-tier foreign exchange broker, is thrilled to have helped a Ghanaian elementary school that otherwise would not have been able to open its doors to students.
👉 Our team at Global GT found out about the hardships faced by Gyeke Darko M/A School in Kyereban, East Ghana, through a co-worker who frequently travels there to deliver aid.
👉 Kyereban is a small farming community where people still live in mud huts and have not had access to power or running water until recently. As a result, everyday tasks are difficult, and many necessities are expensive.
👉 A project to address the village’s severe lack of education was launched once a solution to the urgent water supply problem was implemented.
👉 Kids who have never had the chance to sit down and learn could attend school for the first time. Global GT was moved to donate after learning of this cause.
👉 As the first step in their support, Global GT has provided all the students at the school with new uniforms and fifty double tables and chairs to make their classroom experience more pleasant.
👉 The new materials provided a solid basis for the school’s future and ushered in an era of optimism and energy. Before this, students had to sit on dirty wood or mud floor planks, disrupting their concentration.
Our Verdict on Global GT
👉 They attract many individual and institutional investors who demand trustworthy brokers. As a result, GT Global has established itself as an industry frontrunner thanks to its stellar performance record.
👉 The company may have started in 2020 but has all the markings of a top-tier brokerage. To begin, this is a hybrid brokerage that accepts various currencies (including crypto) for deposits and withdrawals.
👉 In addition, the broker provides the forefront Metatrader 5 trading platform. Trade execution, technology, and indicators are only a few of the strengths of the trading platform.
Global GT Pros and Cons
| ✔️ Pros | ❌ Cons |
| The ECN account has low commission rates | Global GT only offers one trading platform |
| Sharia compliance applies to all account types | Global GT applies inactivity and currency conversion fees |
| The trading tools available at Global GT include the popular MetaTrader 5 and some more sophisticated options | |
| With a high trust score and oversight from a Tier-2 and Tier-3 regulator, Global GT is a safe and reliable option | |
| Low transaction fees and reasonable spreads are available | |
| Only one of the six accounts has a high minimum opening deposit | |
| Global GT offers extensive educational materials to beginners along with a demo account | |
| Botswanans can trade commission-free on five of six account types |
FAQ
What is GTi12?
GTi12 is a financial instrument native to Global GT. Twelve of the most important cryptocurrencies by market capitalization and volume of spot and margin trading make up the GTi12. This single CFD instrument tracks the development of the whole crypto ecosystem.
When was Global GT established?
Global GT was founded in 2020.
Is Global GT safe or a scam?
With a perfect Trustpilot rating of 5 stars, you can rest assured that trading with Global GT is risk-free.
How can I get the Global GT no-deposit bonus?
Global GT does not have a no-deposit bonus. However, Global GT offers a welcome bonus.
The Welcome Bonus is accessible to all registered Global GT live trading account holders (except Standard FX, ECN, and PRO) who have not yet moved funds from their Global GT Wallet to their trading account.
Does Global GT have Volatility 75?
Unfortunately, Volatility 75 is not one of the global indices provided by Global GT.
Does Global GT have Nasdaq?
Nasdaq is available from Global GT. The NAS100 stock index, which tracks Nasdaq’s performance, can be traded with a minimum spread of 300 pips and maximum leverage of 1:500.
What is the withdrawal time with Global GT?
With Global GT, you can choose from instant withdrawals via most payment methods or bank transfer times of up to 5 days.
Is Global GT regulated?
The Financial Sector Conduct Authority (FSCA) of South Africa and the Financial Services Authority (FSA) of Seychelles regulate Global GT.
Conclusion
👉 Now it is your turn to participate:
➡️ Do you have any prior experience with Global GT?
➡️ What was the determining factor in your decision to engage with Global GT?
➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
➡️ Have you experienced any issues with Global GT, such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
👉 Regardless, please share your thoughts in the comments below.
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.
