Exness Review
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…
- Louis Schoeman
Best cTrader Brokers in Botswana
| 🥇 Broker | 💰 Minimum Deposit? | 👉 Open Account | ⚖️ Regulation Allowed? | ✔️ Offers Botswana Pula Account? |
| 1. FP Markets | USD 100 / 1 343 BWP | 👉 Open Account | CySEC, ASIC, FSCA | No |
| 2. Axiory | USD 10 / 133 BWP | 👉 Open Account | IFSC, MFSC and FSC | Yes |
| 3. Pepperstone | USD 0 / 0 BWP | 👉 Open Account | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | Yes |
| 4. FXPro | USD 100 / 1321 BWP | 👉 Open Account | CySec, FSCA, FCA | Yes |
| 5. IC Markets | USD 200 / 2 685 BWP | 👉 Open Account | ASIC | Yes |
10 Best Forex Brokers in Botswana for 2024
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is 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
fpmarkets – Overall, Best cTrader Broker in Botswana- Axiory – Top Low Spread Broker
- Pepperstone – Best CySEC Forex Broker in Botswana
- FxPro – Top CFD Broker in Botswana
- IC Markets – Top MetaTrader 4/MT4 cTrader Broker
1. fpmarkets
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
- 4.7/5
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
| Feature | Information |
| ⚖️ Regulation | CySEC, ASIC, FSCA |
| ⚖️ CBN Regulation | No |
| ✔️ Accepts Botswanan Traders? | Yes |
| 💳 Minimum deposit (BWP) | USD 100 / 1 342 BWP |
| 📈 Average spread from | N/A |
| 📈 Maximum Leverage | 1:500 |
| 👥 Customer Support | 24/7 |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Forex fees are low | Stock CFD fees are high |
| Accounts can be opened fast and easy | Product portfolio are somewhat limited |
| Deposit and withdrawal processes are quickly executed | Web 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
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
- 4.8/5
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
| Feature | Value |
| 💳 Minimum Deposit Requirement | $10 / 134 BWP |
| 📈 Platforms Available for Account Type | MetaTrader 4 |
| 📊 Average Spreads on Major Forex Pairs | None |
| 🚀 Maximum Leverage Ratio | 1:777 |
| 🔎 Commission Charges on Trades | From $1.5 per lot |
| 📈 Commissions on Stock CFDs | None |
| 💰 Account Base Currency Options | EUR or USD |
| 🔨 Negative Balance Protection Offered | No |
| 💸 Minimum Forex Trading Volume | 1 Lot |
| 💵 Islamic Account Conversion Offered? | Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Axiory is well-regulated and a member of the Financial Commission | Botswana traders do not have access to local deposit and withdrawal options |
| Axiory guarantees client fund safety and provides investor protection | Botswana Pula is not a supported base account currency |
| Traders have a choice between retail investor accounts and powerful trading platforms | Botswana cannot deposit funds in local currency |
| There is a range of tradable instruments offered | Crypto trading is not supported |
| There is an Islamic account offered and an unlimited demo account | There 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
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
- 4.9/5
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 Feature | Value |
| 💰 Minimum Deposit | $0 / 0 BWP |
| 💻 Minimum Trading Size | 0.01 lots |
| 📈 Maximum Trading Size | 100 lots in a single trade |
| 💵 Base Account Currency | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD |
| ✅ Trading Strategies Supported | All including scalping, hedging, and Expert Advisors (EAs) |
| 🗞 News Trading Offered? | Yes |
| ➡️ Trade Execution | No-Dealing Desk (NDD) |
| 📊 Average EUR/USD Spread | From 0.6 pips |
| 💸 Commissions | None |
| 🔃 Rollover Swaps | Yes, 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 Offered | Yes, only for retail clients |
| ✅ Margin Close-Out (%) | 50% |
| 🔨 Trading Instruments offered | 1,200+ |
| 💻 Trading Platforms offered | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Pepperstone offers competitive spreads that start from 0.0 pips on EUR/USD | There 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 fees | There is no BWP-denominated account offered, subjecting Botswanans to currency conversion fees |
| Investor protection is offered to EU clients through the FSCS | There 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
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
- 4.7/5
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
| Feature | Information |
| ⚖️ Regulation | FCA, CySEC, FSCA, SCB |
| ✅ Regulated in Botswana? | No |
| 💵 Minimum Deposit | 1 321 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/USD | 0.4 pips |
| 💰 Commission Charges | $35 per million USD traded |
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
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
- 4.7/5
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 Platform | cTrader |
| 💰 Commission | $3 per side and $6 per round turn |
| 📈 Typical Average Spreads | 0.0 |
| 💳 Minimum Deposit Requirement | USD 200 / 2 685 BWP |
| 📈 Leverage | 1:500 |
| 📈 Maximum positions per account | 2,000 |
| 🏛️ Server Location | London |
| ✴️ Micro trading allowed? | Yes |
| 📊 Currency Pairs | 64 |
| 📊 Index CFD Trading | Yes |
| 📊 Stop-out | 50% |
| 📈 One-Click Trading offered? | Yes |
| ☪️ Islamic Accounts | Yes |
| 📊 Trading Styles accepted | Scalping, hedging, expert advisors, algorithmic strategies, etc. |
| 💻 Programming Language | C# |
| 👍 Suitable for | Day traders, scalpers, active traders |
| 📊 Demo Account offered? | Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| IC Markets is a multi-regulated forex and CFD broker with a decent trust score and a low-risk reputation | There is a higher minimum deposit requirement charged than other brokers |
| There is real raw spread trading offered across several asset classes | Botswanan traders could face currency conversion fees |
| IC Markets offers some of the best spreads in the industry | There is no BWP-denominated account offered |
| Botswanans can choose between MetaTrader 4, MetaTrader 5, and cTrader as their preferred platform | There are no fixed spreads offered by IC Markets |
| There is a choice between three different account types that suit different types of traders | There 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
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
- 4.6/5
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
- 4.9/5
Min Deposit
$100 / 1 342 BWP
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
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
- 4.1/5
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
- 4.9/5
Min Deposit
$10 / 134 BWP
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MetaTrader 4 and MetaTrader 5
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
- 4.9/5
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
- 4.8/5
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
- 4.9/5
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
- 4.6/5
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
- 4.6/5
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
- 4.8/5
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
- 4.6/5
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
- 4.7/5
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
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
- 4.7/5
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.
You might also like: Best Day Trading Strategies in Botswana
You might also like: Best Algorithmic Trading Platforms in Botswana
You might also like: Best Low Spread Forex Brokers in Botswana
You might also like: CFD Trading Platforms in Botswana
You might also like: Best Micro Currency Trading Platforms in Botswana
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.
