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5 Best cTrader Brokers in Botswana

The 5 Best cTrader Forex Brokers for Botswanans revealed. We tested the best cTrader forex brokers for Botswana Traders.

This is a complete guide to cTrader brokers in Botswana.

In this in-depth guide you’ll learn:

  • What is a cTrader Forex Broker?
  • Which cTrader Forex Brokers are best for Botswana traders?
  • Which cTrader forex brokers offer mobile apps for IOS and Android devices in Botswana?
  • Which cTrader forex brokers are best for beginner Botswana Traders? 
  • Which brokers offer a sign-up bonus for first-time traders in Botswana? 
  • Which cTrader forex brokers offer low leverage to Botswana traders?

And lots more…

So if you’re ready to go “all in” with the best-tested cTrader Forex Brokers…

Let’s dive right in…

Updated : January 26, 2024

Best cTrader Brokers in Botswana

🥇 Broker💰 Minimum Deposit? 👉 Open Account⚖️ Regulation Allowed?✔️ Offers Botswana Pula Account?
1. FP MarketsUSD 100 / 1 343 BWP👉 Open AccountCySEC, ASIC, FSCANo
2. AxioryUSD 10 / 133 BWP👉 Open AccountIFSC, MFSC and FSCYes
3. PepperstoneUSD 0 / 0 BWP👉 Open AccountASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBYes
4. FXProUSD 100 / 1321 BWP👉 Open AccountCySec, FSCA, FCAYes
5. IC MarketsUSD 200 / 2 685 BWP👉 Open AccountASICYes
 

10 Best Forex Brokers in Botswana for 2024

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

4.4/5

User Score

#2

4.7/5

User Score

#3

4.5/5

User Score

#4

tickmill

4.4/5

User Score

#5

4.7/5

User Score

#6

4.6/5

User Score

#7

4.7/5

User Score

#8

avatrade

4.8/5

User Score

#9

4.8/5

User Score

#10

4.7/5

User Score

What is cTrader?

cTrader

 

cTrader is a sophisticated and user-friendly trading platform designed for forex and CFD (Contract for Difference) trading.Traders can easily navigate and customize their workspace, making it suitable for both beginners and experienced professionals.cTrader also prioritizes transparency in pricing, ensuring that users have real-time access to market conditions.

 

Additionally, the platform supports algorithmic trading through cAlgo, allowing traders to create and execute automated trading strategies. With its emphasis on speed, precision, and a user-friendly design, cTrader has gained popularity among traders seeking a modern and comprehensive trading solution.

5 Best cTrader Brokers in Botswana

  1. ✔️ fpmarkets   –  Overall, Best cTrader Broker in Botswana
  2. ✔️ Axiory  –  Top Low Spread Broker
  3. ✔️ Pepperstone  – Best CySEC Forex Broker in Botswana
  4. FxPro  – Top CFD Broker in Botswana
  5. IC Markets  –  Top MetaTrader 4/MT4 cTrader Broker

1. fpmarkets

FP Markets Review Main Banner

 

Overview

FP Markets can be described as low risk and has an overall rating of 9 out of 10. FP Markets offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $100 /  and is regulated by CySEC and ASIC.

 

Overall Rating

Min Deposit

100 USD/1 343 BWP

Regulators

ASIC, CySEC, FSCA, CMA

Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

Total Pairs

63

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

fpmarkets cTrader delivers a premium charting solution for professional traders and investors.

The cTrader trading platform is compatible with several versions and is designed for Forex and CFDs (Contract for Differences).

 

Features

FeatureInformation
⚖️ RegulationCySEC, ASIC, FSCA
⚖️ CBN RegulationNo
✔️ Accepts Botswanan Traders?Yes
💳 Minimum deposit (BWP)USD 100 / 1 342 BWP
📈 Average spread fromN/A
📈 Maximum Leverage1:500
👥 Customer Support24/7

 

fpmarkets cTrader

 

Pros and Cons

✔️ Pros❌ Cons
Forex fees are lowStock CFD fees are high
Accounts can be opened fast and easyProduct portfolio are somewhat limited
Deposit and withdrawal processes are quickly executedWeb and desktop platform is somewhat outdated
Segregated accounts and annual reports
Clients are assured about the services of a broker that complies with the most stringent regulations for investor protection.
FP Markets offers consistently tighter spreads from 0.0 pips
FP Markets covers bank withdrawal fees

 

2. Axiory

Axiory-review

 

Overview

Axiory stands out as one of the finest cTrader brokers due to its alternatives to traders of various hues. The accounts available on this trading platform are Nano, Standard, Max, Tera, and Alpha.

Nano accounts could expect average EUR/USD spreads as low as 0.3 pips, but they incur a fixed $8 transaction charge. Standard accounts have an average EUR/USD spread of 1.3 pips, while Max accounts have an average spread of 0.2.

 

The Tera Account has spreads from 0.3 pips, an overall 8 USD trading cost considering that commissions of 0.04 USD are charged on CFDs at a minimum of 6 USD. Lastly, the Alpha Account does not have a minimum deposit or a spread but has a commission fee of $1.5 per lot.

 

Overall Rating

Min Deposit

10 USD / 133 BWP

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

These accounts do not charge any fees for trading Forex or CFDs. In addition, the Max account offers leverage of up to 1:777, which is higher than other cTrader brokers provide.

The Max account, which provides negative balance protection on all balances, has the lowest minimum deposit requirement of the three, requiring just 130 BWP / 10 USD.

 

In addition to providing CFD trading on equities, commodities, and indices, Axiory provides 62 forex pairs that can be traded.

Even if the broker’s average transaction execution speed is slower than other cTrader brokers, at 135 milliseconds, it is still a decent speed. In addition, the degree of knowledge included in Axiory’s educational resources is extraordinary.

 

In addition to frequent market news briefings and webinars, the platform offers a trading school that provides beginners with a crash course in CFD trading.

 

Features

FeatureValue
💳 Minimum Deposit Requirement$10 / 134 BWP
📈 Platforms Available for Account TypeMetaTrader 4
📊 Average Spreads on Major Forex PairsNone
🚀 Maximum Leverage Ratio1:777
🔎 Commission Charges on TradesFrom $1.5 per lot
📈 Commissions on Stock CFDsNone
💰 Account Base Currency OptionsEUR or USD
🔨 Negative Balance Protection OfferedNo
💸 Minimum Forex Trading Volume1 Lot
💵 Islamic Account Conversion Offered?Yes

 

Axiory

 

Pros and Cons

✔️ Pros❌ Cons
Axiory is well-regulated and a member of the Financial CommissionBotswana traders do not have access to local deposit and withdrawal options
Axiory guarantees client fund safety and provides investor protectionBotswana Pula is not a supported base account currency
Traders have a choice between retail investor accounts and powerful trading platformsBotswana cannot deposit funds in local currency
There is a range of tradable instruments offeredCrypto trading is not supported
There is an Islamic account offered and an unlimited demo accountThere are holding commissions applied to the Islamic Account
There is unlimited access to AutoChartist
Traders can use a range of trading strategies
The broker accepts Botswana traders

 

3. Pepperstone

Pepperstone Review Main Banner

 

Overview

Pepperstone provides traders access to many account types, such as Forex and CFD Trading accounts. In addition, traders may choose between the Razor and Standard CFD Trading accounts. Spreads start at 1 pip, and commissions are waived with the Standard account.

Traders using the Razor account may take advantage of commission-free trading with spreads starting at 0 pips and a round-turn fee rate of GBP4.59 per round-turn per 100k transacted.

 

Overall Rating

Min Deposit

0 USD / 0 BWP

Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

Trading Desk

MetaTrader 4, MetaTrader 5, cTrader and TradeView

Crypto

Yes (Not available in Africa)

Total Pairs

60+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

With minimal costs and institutional grade spreads, Forex, equities, indices, commodities, and even cryptocurrencies may all be traded via various financial CFD products. The broker is quite pleased with its sub-30ms execution times.

Traders can take advantage of all cTrader’s features, including level II market depth, advanced order execution and functionality, access to cTrader Automate and the FIX API, and a wide variety of built-in technical trading indicators, timeframes, chart types, and more.

 

Features

Account FeatureValue
💰 Minimum Deposit$0 / 0 BWP
💻 Minimum Trading Size0.01 lots
📈 Maximum Trading Size100 lots in a single trade
💵 Base Account CurrencyAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD
✅ Trading Strategies SupportedAll including scalping, hedging, and Expert Advisors (EAs)
🗞 News Trading Offered?Yes
➡️ Trade ExecutionNo-Dealing Desk (NDD)
📊 Average EUR/USD SpreadFrom 0.6 pips
💸 CommissionsNone
🔃 Rollover SwapsYes, according to the market rates
⬆️ Maximum Leverage per region• Australia – 1:30
• Bahamas – 1:200
• Cyprus – 1:30
• Dubai – 1:30
• Germany – 1:30
• Botswana – 1:400
• United Kingdom – 1:30
❌ Negative Balance Protection OfferedYes, only for retail clients
✅ Margin Close-Out (%)50%
🔨 Trading Instruments offered1,200+
💻 Trading Platforms offeredMetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade

 

Pepperstone

 

Pros and Cons

✔️ Pros❌ Cons
Pepperstone offers competitive spreads that start from 0.0 pips on EUR/USDThere are restrictions on the countries that may use Pepperstone’s Islamic account
Pepperstone is well-regulated and offers an extremely secure trading environment with transparent trading feesThere is no BWP-denominated account offered, subjecting Botswanans to currency conversion fees
Investor protection is offered to EU clients through the FSCSThere are additional administrative fees applied to the Islamic account
Pepperstone offers a choice between some of the best trading platforms
Negative balance protection is offered for clients in certain regions
There is an Islamic account offered to Muslim traders
There is a demo account offered by Pepperstone
There are several trading tools offered

 

4. FxPro

fxpro review

 

Overview

As a reputable CFD broker, FxPro provides market execution on cTrader (in addition to NDD execution on MT4, MT5, and its browser-based trading platform) for various assets.

Tight spreads on 70+ Forex pairs, indices, commodities, and energies are available with a minimum investment of only $100 in a cTrader account. Commissions start at 4.50 USD, and the spread on the EUR/USD fluctuates between 0.30 pips on average (9 USD round turn).

 

Overall Rating

Min Deposit

USD 100 / 1321 BWP

Regulators

CySec, FSCA, FCA

Trading Desk

FxPro Trading Platfrom

Crypto

Yes

Total Pairs

70+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Trades are often completed in about 10 milliseconds, and just 9% of orders had negative slippage. FxPro’s cTrader account does not requote trades and will only fully fulfil orders if sufficient liquidity is available.

In addition to the native cTrader Automate and API capabilities, FxPro provides a selection of Trading Central technical analysis indicators for cTrader and a free VPS service.

 

Features

FeatureInformation
⚖️ RegulationFCA, CySEC, FSCA, SCB
✅ Regulated in Botswana?No
💵 Minimum Deposit1 321 BWP ($100)
📈 Account Types• FxPro cTrader
• FxPro MT4
• FxPro MT5
• Islamic Account
• ProEdge
📊 Trading Platforms• FxPro
• MetaTrader 4
• MetaTrader 5
• cTrader
• FxPro Edge
📚 Educational Material and Tools• Educational Content
• Demo Account
📱 Research and Features• Trading Centra
• Economic Calendar
• VPS
• Trading Calculators
✔️ Social and Copy Trading?Yes
💻 Demo Account?Yes
📉 Average Starting Spread EUR/USD0.4 pips
💰 Commission Charges$35 per million USD traded

 

FXPro

 

Pros and Cons

✔️ Pros❌ Cons
FxPro offers 70 forex CFDs that can be traded across powerful trading software.There is a limited number of share CFDs that can be traded.
Botswanans can expect low account fees, and several flexible payment options are offered.There is limited education.
FxPro is well-regulated and guarantees client fund protection.There is no BWP-denominated account.
FxPro integrated Trading Central and offers economic calendars, earnings, and calculators.

5. IC Markets

IC Markets Review Main Banner

 

Overview

IC Markets was designed specifically for high-frequency trading, Robo-trading, and ultra-fast day trading. This platform offers typical execution rates under 40 milliseconds and provides traders with a VPS (virtual private server) with minimal latency.

In addition, IC Markets provides raw spreads that begin from 0.0 pips. In addition, there are no requotes or minimum trading volume requirements to get these narrow spreads.

 

Overall Rating

Min Deposit

USD 200 / 2 685  BWP

Regulators

ASIC

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

The IC Markets cTrader Raw Spread Account is of relevance to cTrader customers. This account has some of the largest spreads among Forex brokers worldwide.

In addition, the IC Markets cTrader server has an average latency of fewer than 1 millisecond to major VPS providers collocated in the LD5 IBX data center or connected to adjacent data centers through dedicated lines.

This low latency is perfect for High-Frequency Trading, automated trading, and scalping. In addition, IC Markets obtains prices from 25 liquidity providers, providing minimal spreads 24/7.

 

Features

Account Feature
Value
💻 Trading PlatformcTrader

💰 Commission$3 per side and $6 per round turn
📈 Typical Average Spreads0.0
💳 Minimum Deposit RequirementUSD 200 / 2 685 BWP
📈 Leverage1:500
📈 Maximum positions per account2,000
🏛️ Server LocationLondon
✴️ Micro trading allowed?Yes
📊 Currency Pairs64
📊 Index CFD TradingYes
📊 Stop-out50%
📈 One-Click Trading offered?Yes
☪️ Islamic AccountsYes
📊 Trading Styles acceptedScalping, hedging, expert advisors, algorithmic strategies, etc.
💻 Programming LanguageC#
👍 Suitable forDay traders, scalpers, active traders
📊 Demo Account offered?Yes

 

IC Markets

 

Pros and Cons

✔️ Pros❌ Cons
IC Markets is a multi-regulated forex and CFD broker with a decent trust score and a low-risk reputationThere is a higher minimum deposit requirement charged than other brokers
There is real raw spread trading offered across several asset classesBotswanan traders could face currency conversion fees
IC Markets offers some of the best spreads in the industryThere is no BWP-denominated account offered
Botswanans can choose between MetaTrader 4, MetaTrader 5, and cTrader as their preferred platformThere are no fixed spreads offered by IC Markets
There is a choice between three different account types that suit different types of tradersThere is no proprietary trading platform, or an app offered by IC Markets
There are no hidden fees and IC Markets is one of the best options for high volume trading because it has a long list of liquidity providers
There is a free demo account offered
There is an Islamic account option offered to Muslim traders

 

How to Choose the Right Forex Broker in Botswana

Forex Broker in Botswana

 

Botswanan traders must evaluate the following components of a forex broker to decide whether the broker is suited to their unique trading objectives or needs.

 

Regulations and Licenses

This is the first vital component that Botswanan traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as FCA, ASIC, CySEC, FSCA, and others.

Botswanans must beware when dealing with brokers with only offshore regulations such as FSA, SVG BVI, FSC, and others.

 

Account Features

Account Features include leverage trading and margin requirement, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.

 

Deposits and Withdrawals

Botswanans must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits, among other trading and non-trading fees.

 

Range of Markets

The range of markets offered refers to the number and range of tradable instruments the broker offers. Therefore, Botswanans must consider what they wish to trade and what is available.

 

Customer Support

Customer Support is another crucial factor. Botswanans must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.

 

Trading Platform

A trading platform is the Botswanan trader’s portal to the financial markets. Therefore, traders must ensure that the trading platform has the necessary technical indicators, fundamental analysis, technical analysis, economic calendar, charting, newsfeed, and other tools they may need.

 

Education and Research

Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:

➡️ eBooks

➡️ Trading guides

➡️ Trading knowledge on leveraged products

➡️ A risk warning on complex instruments

➡️ Educational videos

 

Research can include some of the following:

➡️ Trading tools

➡️ Commentary

➡️ Status of International Markets

➡️ Price movements

➡️ Market sentiments

➡️ Whether there is a volatile market

➡️ Exchange Rates

➡️ Expert opinions and other resources can help experienced traders make informed trading decisions.

The Best Forex Brokers in Botswana

In this article, we have listed the best brokers that offer forex trading to traders in Botswana. In addition, we have further identified the brokers that offer additional services and solutions to Botswanan traders.

 

Best MetaTrader 4 / MT4 Forex Broker in Botswana

Overall Rating

Min Deposit

USD 25

Regulators

FCA UK

Trading Platform

MT5, MT4, OctaTrader

Crypto

Yes

Total Pairs

28

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, OctaFX is the best MT4 forex broker in Botswana. OctaFX is an MT4 and MT5 broker that provides Botswanans with various markets. OctaFX offers a choice of accounts via MT4, including ECN and STP accounts, with superior trade execution.

 

Best MetaTrader 5 / MT5 Forex Broker in Botswana

Overall Rating

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

 

Overall, AvaTrade is the best MetaTrader 5 forex broker in Botswana. In addition, AvaTrade is regarded as one of the most secure MT5 forex brokers.

No commission is charged for trading currency pairings, only leaving the spread to be paid. A demo account is also available for traders to sharpen their abilities via MT5 and several other platforms.

 

Best Forex Broker for beginners in Botswana

Overall Rating

Min Deposit

$100

Regulators

CFT, NFA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, FOREX.com is the best forex broker for beginners in Botswana. FOREX.com is a broker renowned for low trading fees and beginner-friendly solutions. In addition, FOREX.com offers several educational materials and a helpful demo account.

 

Best Low Minimum Deposit Forex Broker in Botswana

Overall Rating

Min Deposit

$10 / 134 BWP

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, Exness is the best Low Minimum Deposit Forex Broker in Botswana. Exness has a minimum deposit requirement of 10 USD / 130 BWP, making it easy for Botswanans to start trading 278 instruments.

Exness also offers MT4 and MT5 through which trades can be made. In addition, it offers some of the best trading tools, charting capabilities, technical indicators, expert advisors, and more.

 

Best ECN Forex Broker in Botswana

Overall Rating

Min Deposit

USD 0

Regulators

CySEC, FCA, DFSA, FSCA, FSA, CMA

Trading Desk

MT4, MT5, HFM APP

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

0

Account Activation Time

24 Hours

 

Overall, HFM is the best ECN forex broker in Botswana. HFM is a hybrid forex and CFD broker that uses STP and ECN technology to ensure that Botswanans get the best pricing, minimal slippage, no requotes, and the fastest trade execution.

HFM uses the best liquidity providers who aggregate the pricing that Botswanans can see on MT4, MT5, and the HF App for Android and iOS.

 

Best Islamic / Swap-Free Forex Broker in Botswana

Overall Rating

Min Deposit

USD 10 / 136 BWP

Regulators

CySec, FCA 

Trading Desk

None

Crypto

Yes

Total Pairs

47

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, eToro is the best Islamic / Swap-Free forex broker in Botswana. eToro is a renowned social trading platform that offers Muslim traders an Islamic Account.

eToro does not charge any interest on positions held for over 24 hours. However, registering an Islamic Account can be expensive initially, requiring a 1,000 USD / 13,400 BWP deposit.

 

Best Forex Trading App in Botswana

Overall Rating

Min Deposit

 USD 0 / 0 BWP 

Regulators

ASIC

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

300

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, CMC Markets is the best forex trading app in Botswana. In addition, CMC Markets offers a user-friendly mobile app with research tools, powerful charts, customizable watch lists, news reports, and a range of educational materials.

 

Best Lowest Spread Forex Broker in Botswana

Overall Rating

Min Deposit

USD 0 / 0 BWP

Regulators

FCA, CySEC, IFSC, KNF

Trading Desk

No Trading Desk

Crypto

Yes

Total Pairs

48

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, XTB is the best lowest-spread forex broker in Botswana. XTB is a well-known forex and CFD broker with low and competitive forex spreads from 0.1 pips depending on the financial instrument and the market conditions.

XTB is also a good broker in terms of educational materials and research capabilities, providing traders with comprehensive market analysis across markets.

 

Best Nasdaq 100 Forex Broker in Botswana

Overall Rating

Min Deposit

USD 10 

Regulators

CySec, FSCA 

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

60

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, FXTM is the best Nasdaq 100 forex broker in Botswana. FXTM is a multi-regulated forex and CFD broker that accommodates Botswanan traders with a keen interest in Nasdaq. Traders can expect low and competitive spreads, a choice between accounts, and powerful trading platforms.

 

Best Volatility 75 / VIX 75 Forex Broker in Botswana

Overall Rating

Min Deposit

USD 0 / 0 BWP

Regulators

IGRs

 

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

80

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, IG is Botswana’s best Volatility 75 / VIX 75 forex broker. IG is one of the best CFD brokers with powerful proprietary trading technology.

IG is well-regulated and offers Botswanans access to VIX75, with spreads from 0.04 pips / 0.13% and zero commission charges.

 

Best NDD Forex Broker in Botswana

Overall Rating

Min Deposit

USD 50 / 672 BWP

Regulators

FCA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, FXCM is the best NDD forex broker in Botswana. FXCM is a No-Dealing Desk broker with STP and ECN execution across several markets.

In addition, FXCM offers a choice between third-party platforms in addition to technical indicators, charting tools, and competitive trading conditions.

 

Best STP Forex Broker in Botswana

Overall Rating

Min Deposit

USD 10

Regulators

IFSC

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

36

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

on RoboForex’s website

 

Overall, RoboForex is the best STP forex broker in Botswana. RoboForex is popular forex and CFD broker with competitive trading conditions. RoboForex offers STP execution with liquidity sourced from top providers.

Botswanans can expect access to over 12,000 instruments via powerful and innovative third-party platforms.

 

Best Sign-up Bonus Broker in Botswana

Overall Rating

Min Deposit

 50 USD / 682 BWP 

Regulators

CYSEC

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overall, Windsor Brokers is the best sign-up bonus broker in Botswana. Windsor Brokers is a well-regulated broker that offers Botswanans a welcome account funded with 30 USD in trading credit. With this account, Botswanans can explore the platform or risk-free test their strategies.

Conclusion

cTrader is an extremely innovative and powerful trading platform. In addition, if you want to use cTrader, you can easily choose from several trustworthy brokers that adhere to strict industry standards, ensuring the safety of your information and funds.

 

However, you must ensure that the cTrader broker you choose meets all your requirements and that the broker is a good fit for your individual trading style and goals.

Frequently Asked Questions

Can Botswanans trade stocks with cTrader?

cTrader is a Multi-Asset-Class CFD trading platform that covers a vast array of markets, including Stocks, Indices, Commodities, Forex, and Exchange Traded Funds, among others.

 

Why is cTrader one of the best platforms for Botswanans?

You can utilize the many tools available on the cTrader platform for manual trading, market analysis, automated trading, and copy-trade strategies.

 

Is cTrader suitable for Botswanan forex scalpers?

cTrader’s Smart Scalping Tool is a virtual panel with shortcut buttons that speeds up placing, cancelling, and managing orders. Total Risk Management at your fingertips; optimized for scalping Forex, Indices, Crypto, and Shares.

 

How can Botswanan traders link their broker account with cTrader?

Your broker account(s) are associated with your cTID without any further action required from you. When you enter your cTID into cTrader, your trading accounts with each broker will launch mechanically.

 

Can Botswanans trade cryptocurrency with cTrader?

Some crypto CFD brokers provide the cTrader platform for trading crypto CFDs, such as BTC/USD or LTC/USD, and Forex and CFDs based on other assets.

 

Which cTrader Forex Brokers are best for Botswana traders?

  • Axiory
  • fpmarkets
  • Pepperstone
  • FXPro

 

Which cTrader forex brokers offer mobile apps for IOS and Android devices in Botswana?

  • fpmarkets
  • Axiory
  • Pepperstone
  • FXPro
  • IC Markets

 

Which cTrader forex brokers are best for beginner Botswana Traders? 

  • Pepperstone
  • fpmarkets
  • fxpro

 

Which brokers offer a sign-up bonus for first-time traders in Botswana? 

Axiory offers a sign up bonus.

 

Which cTrader forex brokers offer low leverage to Botswana traders?

  • fpmarkets
  • IC Markets

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.

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