FXView Review
Overall, FXView is considered a low-risk, with an overall Trust Score of 93 out of 100. FXView is licensed by one Tier-1 Regulator (highly trusted), one Tier-2 Regulator (trusted), zero Tier-3 Regulators (average risk), two Tier-4 Regulators (high risk), and several global licenses. FXView offers three different retail trading accounts: a Zero Commission, Raw ECN, and Premium ECN Account.
- Lesche Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.1/5
Min Deposit
USD 50
Regulators
CySEC, FSCA
Trading Platform
MT4, MT5, ActTrader
Crypto
Yes
Total Pairs
No
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
FXView is a reputable brokerage for Botswana traders, offering a platform with security features and licenses from reputable institutions like CySEC and FSCA.
FXView offers a variety of account types for traders of all experience levels, including zero-commission accounts, Raw ECN or Premium ECN accounts, and Islamic accounts for traders adhering to Sharia law.
FXView also provides educational materials, market news, tutorials, and webinars to help traders make informed decisions in rapidly changing markets.
Furthermore, with various trading options, reasonable and competitive spreads, and transparent fee structures, FXView is an excellent choice for Botswanan traders who want a safe and reliable brokerage.
Top 3 FXView User Reviews
- Refilwe Mitchell (March 2024): “FXView is an exceptional ECN broker offering a range of trading options, including VPS server subscription and trading bot deployment, at a moderate cost.”
- Tlotlo Davies (March 2024): “After watching informative videos and reading articles, I decided to try FXView, which I found to be a reliable platform. I’ve already started trading and am eager to enhance my profits and explore its various services.”
- Lesedi White (February 2024): “FXView is my preferred broker due to its narrow spreads, minimal commissions, and fast withdrawals, but the main drawback is the absence of stock CFDs.”
Advantages that FXView has over competitors
- The broker’s loyalty program rewards traders for their trading activity by awarding points for each transaction.
- FXView supports deposit and withdrawal options, including bank transfers, Visa/MasterCard, Skrill, Neteller, and cryptocurrencies.
- FXView offers Botswanan traders a variety of trading platforms, including MetaTrader 4, MetaTrader 5, ActTrader, and ZuluTrade.
- Botswana traders who deposit $5,000 or more will receive a gratis Basic VPS package.
- FXView connects with the MQL5 community, providing access to trading signals on the MT4 and MT5 platforms.
- FXView offers Botswanan traders a variety of bonuses and incentives, including a 100% deposit bonus, loyalty program prizes, and referral bonuses.
- FXView’s customer service is available 24/5 and in several languages by live chat, email, and phone.
- Botswana traders could benefit from competitive spreads, with some accounts offering as low as 0.0 pips.
- Botswanan traders can use leverage of up to 1:500 on currency pairs to increase their trading positions.
Who will Benefit from Trading with FXView?
FXView is a popular broker in Botswana, offering a range of trading platforms, competitive spreads, bonuses, and reliable customer support.
It caters to traders who value flexible deposit and withdrawal options, trading signals, and VPS services. FXView’s diverse range of tools and incentives makes it an attractive choice for new and experienced investors.
What sets FXView apart from its competitors?
FXView stands out for its varied platforms, competitive cost structures, and substantial incentives and promotions suited to Botswanan traders’ demands.
How does FXView’s geographic coverage compare to its competitors?
FXView has a broad geographic reach, giving Botswanan traders access to worldwide financial markets such as currency, commodities, cryptocurrencies, indices, and stocks.
FXView At a Glance
| 🏛 Headquartered | Cyprus |
| 🌎 Global Offices | Cyprus, South Africa, India |
| 🇧🇼 Local Regulators (Botswana) | Ministry of Finance and Economic Development (MFED) Bank of Botswana (BoB) Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💰 FDI in Botswana | 50.1 million USD |
| 💵 Forex Reserves | 4.8 billion USD |
| 📍 Local Office in Gaborone | No |
| 👤 SEC Governor (Botswana) | None (BoB Governor: Moses Dinekere Pelaelo) |
| ✅ Accepts Botswanan Traders | Yes |
| 🕰️ Year Founded | 2009 |
| ☎️ Local Contact Number | None |
| 📱 Social Media | Facebook, X, Instagram, LinkedIn, |
| 🛡️ Regulation | CySEC, FSCA, FSC, SEBI |
| 💻 Demo Account | Yes |
| 🏆 Tier-1 License | CySEC |
| 🥈 Tier-2 License | FSCA |
| 🥉 Tier-3 License | None |
| 🎖️ Tier-4 Licenses | SEBI, FSC Mauritius |
| 🆔 License Numbers | CY: 367/18, SA: FSP50410, IN: INZ000176037, MU: IK2000018 |
| 🌐 Global Registrations | (EU, UK, etc. — see full list) |
| 🏦 Botswana Regulatory Oversight | None |
| 🚫 Restricted Countries | USA, UK, EU, Russia, etc. |
| ☪️ Islamic Account | ✅ Yes |
| 🧪 Demo Account | ✅ Yes (30 days) |
| 👥 Retail Accounts | 3 types |
| 👨👩👧👦 PAMM/MAM Accounts | ✅ Yes |
| 💧 Liquidity Providers | Not Published |
| 🤝 Affiliate Program | ✅ Yes |
| ⚙️ Execution Type | ECN |
| ⏱️ OCO / One-Click / Scalping / Hedging | All supported |
| 🤖 Expert Advisors / News Trading / API | ✅ Yes |
| 📉 Starting Spread | From 0.0 pips |
| 💸 Min Commission | $1 per standard lot |
| 🔢 Decimal Pricing | 5th decimal |
| ⚠️ Margin Call / Stop-Out | 70% / 50% |
| 📊 Min / Max Trade Size | 0.01 lots / 100 lots |
| ₿ Crypto Trading (CFDs) | ✅ Yes |
| 🇧🇼 BWP Account / Deposits | No |
| 👨💼 Botswana Account Manager | No |
| 📈 Max Leverage | Multilingual |
| 📉 Leverage Restrictions | ✅ Yes (varies) |
| 💵 Min Deposit (BWP) | 690 BWP (≈$50) |
| 🌍 Deposit Currencies | 30+ (USD, EUR, ZAR, etc.) |
| 💳 Payment Options | Bank Transfer, Visa/MasterCard, Skrill, Crypto, etc. |
| ⏱️ Withdrawal Time | 1 day |
| ⚡ Instant Deposits/Withdrawals | Deposits only |
| 🏦 Botswana Bank Segregation | No |
| 💻 Trading Platforms | MT4, MT5, ActTrader, ZuluTrade |
| 🕒 Platform Time Zone | GMT+2 (DST observed) |
| 📈 Tradable Assets | Forex, Crypto, Indices, Stocks, Commodities |
| 💱 USD/BWP Offered? | No |
| 📊 USD/BWP Spread | N/A |
| 📈 Botswana Stocks/CFDs | No |
| 🌐 Website Languages | EN, ES, ZH, AR, VI, DE |
| 🗣️ Customer Support | Multilingual, 24/5 |
| 🇧🇼 Local Support in Botswana? | No |
| 🎁 Bonuses/Promos for Botswana | ✅ Yes |
| 📚 Education for Beginners | ✅ Yes |
| 🧠 Proprietary Software | No |
| 🧑💼 Top Trader in Botswana | Unknown |
| 🔐 Safe for Botswanans? | ✅ Yes |
| ⭐ Rating | 8/10 |
| 🔒 Trust Score | 93% |
| 👉 Open Account | 👉 Click Here |
FXView Geographic Reach and Limitations
FXView Current Expansion Focus
FXView is expanding across Europe, Africa, Asia, and several other regions.
Countries not accepted by FXView
FXView restricts traders from these regions:
- Central African Republic
- Democratic Republic of the Congo
- Eritrea
- Guinea-Bissau
- India
- Iran
- Mali
- North Korea
- Russian Federation
- Somalia
- South Sudan
- Sudan
- Syria
- Yemen
- USA
- UK and EU countries
Popularity among Botswanan traders who choose FXView
FXView is one of the Top 200 forex and CFD brokers in Botswana.
Are there any restrictions on FXView’s services due to geography?
While FXView provides services to traders in various nations, regulatory limits will apply in particular locations, limiting the availability of certain features or products.
Can Botswana traders access all FXView trading instruments and platforms?
Botswanan traders have full access to FXView’s trading instruments, which include forex, commodities, cryptocurrencies, indices, and stocks, across all accessible trading platforms.
FXView Safety and Security
Regulation in Botswana
FXView is not currently regulated in Botswana by any of the following local regulators:
- Ministry of Finance and Economic Development (MFED)
- Bank of Botswana (BoB)
- Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
However, FXView’s global regulations are listed in the table below.
Global Regulations
| 💻 Registered Entity | 💵 Country of Registration | 💸 Registration Number | 📈 Regulatory Entity | 📊 Tier | 📉 License Number/Ref |
| FXView Europe under Charlgate Limited | Cyprus | 372060 | CySEC | 1 | 367/18 |
| Finvasia Securities Private Limited | India | INZ000176037 | SEBI | 4 | Reg. INZ000176037 |
| Finvasia Capital Ltd | Mauritius | – | FSC | 4 | IK21000018 |
| Orivest Proprietary Limited | South Africa | 2018/30345/07 | FSCA | 2 | FSP50410 |
Protection of Client Funds
| 🔎Security Measure | 📱Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
Security while Trading
FXView prioritizes the safety of Botswana traders by implementing advanced encryption protocols and strong security measures to protect their funds and personal information.
The company separates client funds from its operational capital, ensuring their money is safe in reputable banks.
Traders also benefit from negative balance protection on all retail accounts, shielding them from losses exceeding their initial investment.
FXView strictly adheres to global entities’ regulatory standards, providing a transparent and reliable trading environment.
These safety measures build confidence and peace of mind, allowing traders to focus on their trading strategies without worrying about their funds’ security.
How does FXView secure traders’ funds and personal information?
FXView uses strong security measures, such as encryption and segregated client accounts, to protect traders’ funds and personal information from unauthorized access or cyber threats.
Is FXView supervised by any financial authority to assure safety and compliance?
Yes, FXView is licensed by respectable financial authorities.
FXView Awards and Recognition
FXView received the following recent awards and recognition:
- Best Global Broker (2023) – UF AWARDS Global
- Best Multi-Asset Broker (2023) – FMAS:23
- Best ECN/STP Broker (2023) – UF AWARDS MEA
- Best Global CFD Broker (2022) – Forex Expo Dubai
- Most Trusted Broker (2022) – Ultimate Fintech Awards
Sign-Up Bonus
FXView does not offer a sign-up bonus to newly registered Botswanan traders.
FXView Minimum Deposit
| 💻 Live Account | 📉 Minimum Dep. | 👉 Open Account |
| ➡️ Zero Commission | 690 BWP / 50 USD | 👉 Click Here |
| ➡️RAW ECN | 690 BWP / 50 USD | 👉 Click Here |
| ➡️Premium ECN | 70,000 BWP / 5,000 USD | 👉 Click Here |
Can Botswanan traders deposit funds in their currency, or must they convert to another?
Botswanans must convert to other currencies as BWP is not accepted. FXView supports deposits in a variety of currencies, including USD, EUR, GBP, and others.
Can Botswanan traders increase their deposits after creating an account with FXView?
Yes, Botswanan traders can top up their accounts any time after the initial deposit, increasing their trading capital. However, traders must be mindful of deposit limits.
FXView Account Types and Features
| 💻 Live Account | 📉 Minimum Dep. | 👉 Open Account | ✅Average Spread | 💸Commissions |
| ➡️Zero Commission | 690 BWP | 👉 Click Here | 0.6 pips | None |
| ➡️RAW ECN | 690 BWP | 👉 Click Here | 0.0 pips | $2 |
| ➡️ Premium ECN | 70,000 BWP | 👉 Click Here | 0.0 pips | $1 |
Zero Commission Account
FXView’s Zero Commission account is a top choice for Botswanan traders because of its clear fee structure and leverage of up to 1:500.
With a minimum deposit of 690 BWP, this account allows traders to maximize their potential and manage their costs efficiently.
RAW ECN Account
Botswanan traders seeking tighter spreads and more competitive trading conditions will find this account attractive.
Starting from 0.0 pips, competitive spreads reduce costs, especially for high-volume trades. Furthermore, the transparent $2 commission per 100,000 USD traded per side suits precision-focused traders.
Premium ECN Account
The Premium ECN account offers several features and personalized support for traders, with lower spreads and a reduced commission rate of $1 per 100,000 USD traded per side.
Furthermore, it requires a minimum deposit of 70,000 BWP ($5,000) and is ideal for professional traders, scalpers, and high-volume traders.
Demo Account
The Demo account offers a risk-free practice opportunity for traders, offering $100,000 in virtual funds and real-market conditions. It is suitable for beginners and experienced traders, allowing them to test techniques and build confidence before transitioning to live trading.
Islamic Account
FXView offers an Islamic account for traders adhering to Sharia law, offering a swap-free trading experience. It allows overnight positions without swap fees, allowing traders to maintain flexibility while respecting religious beliefs. After the initial period, fixed costs are available.
Professional Account
FXView does not offer a separate professional account to Botswanans.
Spread Betting Account
Botswanans cannot participate in spread betting with FXView.
Base Account Currencies
The base account currencies available to Botswanans include the following:
- USD
- EUR
- GBP
- AUD
- ZAR
- CAD
Basic Order Types
- Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
- Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
- Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
- This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
- Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
- Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
- A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.
What sorts of accounts does FXView provide to Botswana traders?
FXView offers Botswanan traders a variety of account options customized to their trading needs, including Zero Commission, RAW ECN, and Premium ECN accounts, each with its own set of features and perks to suit different trading styles and tactics.
What are the key differences between FXView’s Zero Commission, RAW ECN, and Premium ECN accounts?
Zero Commission accounts have marked-up spreads and no commissions, but ECN accounts have variable spreads and low fees. In contrast, Premium ECN accounts offer premium benefits such as customized support, tighter spreads, and special trading tools for high-volume traders.
How to open an FXView Account – A Step-by-Step Guide
To open an account with FXView, Botswanans can follow these steps:
Step 1: Registration
Navigate to the FXView website and look for the registration or get started option, often available on the homepage.
Step 2: Fill in an online form
- Clicking this button will take you to an online form where you may enter personal information such as your name, email address, and country of residence. As a Botswana resident, ensure your information is input correctly to meet regulatory requirements.
- You will next be requested to pick your account’s base currency. FXView caters to a global audience by offering a selection of currencies such as EUR, USD, GBP, AUD, CAD, and ZAR.
- Select the currency that best fits your financial plan and minimizes your exposure to currency translation fees, particularly when depositing or withdrawing cash.
- Proceed to the verification step, where you will be asked to provide papers verifying your identity and residence address.
- After your account has been validated, you can deposit into your FXView account.
- Navigate to the deposit area of your account dashboard, choose your chosen deposit method, and input the amount you want to deposit.
How long does it take Botswanan traders to have their FXView trading accounts authorized and activated?
The account approval procedure with FXView usually takes a few business days, depending on the number of applicants and the time necessary for document verification.
Can Botswanan traders deposit into their FXView trading accounts with local payment methods?
No, they cannot. While FXView accepts various deposit methods such as bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, availability varies by area.
How to Close an FXView Account
To close a live trading account with FXView, Botswanan traders can follow these steps:
- Log into your FXView account and ensure that all open positions are closed. It is critical to liquidate all holdings to avoid difficulties during the account closing procedure.
- Next, withdraw any remaining funds from your account.
- After successfully withdrawing your funds, contact FXView’s customer service team to request an account closure.
- The customer support team will walk you through the last stages.
- FXView will provide you confirmation after your account closure request has been executed.
- Save this confirmation for your records. Remember that terminating your account means you will no longer have access to the trading platform or your account’s history. Therefore, before proceeding with the closing procedure, ensure you have downloaded or saved any relevant information.
Are there any restrictions or conditions that Botswana traders must meet before closing their FXView trading account?
Yes, Botswanan traders must terminate any open positions and withdraw or transfer any leftover funds in their trading account before closing their trading account.
How long does it take to terminate an FXView trading account for Botswanan traders?
The account closure procedure with FXView for Botswanan traders usually takes a few business days once the broker receives the request and validates the essential details.
FXView MAM / PAMM Features
FXView’s MAM/PAMM solution offers advanced account management features for money managers and investors.
These features enable efficient trade distribution across investor accounts based on equity or balance, adjusting risk profiles to match individual preferences.
FXView also provides exclusive marketing tools to attract investors, including performance links, banners, and referral links. Real-time performance tracking is available for investors, ensuring transparency in trades and commissions.
The solution also simplifies depositing and withdrawing funds, with detailed reports issued monthly, quarterly, and annually.
Furthermore, the MAM/PAMM solution provides sophisticated tools and clear performance tracking, fostering a mutually beneficial partnership between money managers and investors.
What is the FXView MAM/PAMM service?
FXView provides MAM/PAMM accounts, which enable professional traders to handle numerous investor accounts while collecting performance fees or commissions.
How can I open a MAM/PAMM account with FXView?
To apply for a MAM/PAMM account, complete an application on FXView’s website and meet the essential criteria and conditions.
Social Trading with FXView
FXView’s integration with ZuluTrade enables Botswanan traders to access a global community of experienced traders, enhancing their trading strategies.
ZuluTrade’s features like Trader’s Ranking, Transparency, and ZuluGuard ensure transparency and protection of invested capital.
Botswanan traders can copy trades into their accounts, fostering a collaborative environment. The platform’s user-friendly interface allows registration, funding, and copying trades, making social trading accessible and user-friendly for Botswanan traders.
What is social trading in FXView?
FXView’s social trading platform enables traders to interact with and follow experienced investors, automatically repeating their trades and techniques.
How can I identify and follow traders on the FXView social trading platform?
You can explore FXView’s social trading network, evaluate traders’ performance metrics and trading histories, and then choose to follow individuals whose methods match your objectives.
FXView vs Other Notable Brokers – A Comparison
| FXView | IC Markets | AvaTrade | |
| ⚖️ Regulation | CySEC, FSCA, FSC, SEBI | ASIC, CySEC, FSA, SCB | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 ActTrader | MetaTrader 4 MetaTrader 5 cTrader | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade |
| 💰 Withdrawal Fee | No | None | Yes |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 690 BWP | 2,750 BWP | 1395 BWP |
| 📊 Leverage | 1:500 | 1:1000 | 1:400 |
| 📊 Spread | from 0.0 pips | From 0.0 pips | from 0.9 pips |
| 💰 Commissions | From $1 per lot | From $3 to $3.5 | None |
| ✴️ Margin Call/Stop-Out | 70% and 50% | 100% and 50% | 25% and 10% |
| 💻 Order Execution | ECN | Market | Instant |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | Zero Commission RAW ECN Premium ECN | cTrader Account Raw Spread Account Standard Account | Standard Live Account Professional Account Option |
| ⚖️ MFED, BoB, NBFIRA Regulation | No | No | No |
| 💳 BWP Deposits | No | No | No |
| 📊 Botswanan Pula Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/5 |
| 📊 Retail Investor Accounts | 3 | 3 | 1 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots | Unlimited | Unlimited |
| 💰 Minimum Withdrawal Time | 1 day | 15 to 20 minutes (maximum 48 hours) | 24 to 48 Hours |
| 📊 Maximum Estimated Withdrawal Time | 1 day | Up to 14 business days | Up to 10 days |
| 💸 Instant Deposits and Instant Withdrawals? | Deposits | Yes | No |
| 👉 Open Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
FXView Trading Platforms
FXView offers Botswanan traders a choice between these trading platforms:
- MetaTrader 4
- MetaTrader 5
- ActTrader
- ZuluTrade
MetaTrader 4
FXView’s MetaTrader 4 (MT4) is a popular choice for Botswanan traders due to its user-friendly interface and helpful charting tools.
It allows traders to study markets and execute trades efficiently and is compatible with automated trading strategies, allowing them to use expert advisors (EAs) to trade automatically. This equips them to navigate forex markets and maximize trading opportunities confidently.
MetaTrader 5
MetaTrader 5 (MT5) is a comprehensive trading platform for Botswanan traders, offering advanced features and a wide range of markets, including stocks and commodities.
It features an economic calendar for informed decision-making and a depth of market features for insights into market liquidity, enabling smarter choices. MT5 is a versatile platform tailored to Botswanan traders’ needs.
ActTrader
ActTrader is a popular platform for Botswanan traders, offering ‘IFO’ charts based on fractal geometry, a visual representation of market dynamics, and a specialized analytical toolset.
It provides a tailored and customer-centric experience, allowing traders to uncover unique insights into market trends and patterns. ActTrader also offers competitive trading conditions and personalized support, enabling Botswanan traders to optimize their trading results.
ZuluTrade
ZuluTrade offers Botswanan traders a new trading platform that encourages collaboration and learning. The platform connects traders with experienced global traders, providing access to various trading strategies and insights.
ZuluTrade also offers ZuluGuard, a risk management tool providing additional protection for traders’ invested capital. Through shared knowledge and collaboration, this platform can enhance Botswanan traders’ trading success.
Are the FXView trading systems compatible with mobile devices?
Yes, all of FXView’s trading platforms are compatible with mobile devices such as smartphones and tablets, allowing traders to monitor and execute transactions on the road.
Does FXView provide a proprietary trading platform?
No, FXView does not have its trading platform; instead, it gives access to premier third-party systems known for their dependability and usefulness.
FXView Investment Programs
FXView does not offer a separate investment program.
Which Markets Can You Trade with FXView?
Botswanan traders can expect the following range of markets from FXView:
- Forex
- Commodities
- Cryptocurrencies
- Indices
- Stocks
Financial Instruments and Leverage offered by FXView
| 💼 Instrument | 🔢 Number of Assets Offered | ⚖️ Max Leverage Offered |
| 💱 Forex | 55 | 1:500 |
| 🛢️ Commodities | 5 | 1:500 |
| 🪙 Cryptocurrencies | 4 | 1:10 |
| 📊 Indices | 11 | 1:200 |
| 📈 Stocks | 400+ | 1:10 |
Can I trade foreign equities using FXView?
Yes, FXView allows traders to trade foreign equities from key worldwide marketplaces.
Are developing markets available for trading with FXView?
Yes, FXView provides access to emerging markets.
Broker Comparison for a Range of Markets
| 💼 Instrument | 🌍 FXView | 🌐 IC Markets | 💹AvaTrade |
| 💱 Forex | ✅ | ✅ | ✅ |
| 🪙 Precious Metals | ✅ | ✅ | ✅ |
| 📦 ETFs | ❌ | ❌ | ✅ |
| 🧾 CFDs | ✅ | ✅ | ✅ |
| 📈 Indices | ✅ | ✅ | ✅ |
| 🏛️ Stocks | ✅ | ✅ | ✅ |
| 🪙 Cryptocurrency | ✅ | ✅ | ✅ |
| 📝 Options | ❌ | ❌ | ✅ |
| ⚡ Energies | ✅ | ✅ | ✅ |
| 💵 Bonds | ❌ | ✅ | ✅ |
FXView Fees, Spreads, and Commissions
FXView Spreads
Botswanan traders can benefit from FXView’s competitive fee structures and tight spreads, starting from 0.3 pips on the Zero Commission account and 0.0 pips on RAW ECN and Premium ECN accounts.
These spreads can reduce trading costs and maximize profit potential, particularly when trading popular currency pairs like EUR/USD.
FXView Commissions
Botswanan traders can trade without fees using the Zero Commission account, while those using RAW ECN or Premium ECN accounts incur commissions of $2 per lot per side and $1 per lot per side, respectively.
FXView Overnight Fees
FXView offers transparency on overnight fees for various currency pairs, including EUR/USD, with clear fee schedules. This allows Botswanan traders to account for costs when holding positions overnight, such as a long swap of -6.88 pips.
FXView Deposit and Withdrawal Fees
FXView does not impose any internal charges for deposit and withdrawal fees.
However, payment providers may apply fees, especially when converting currency, which is particularly relevant for Botswanan traders who transact in foreign currencies.
FXView Inactivity Fees
Botswanan traders can trade without inactivity fees on FXView accounts, as the company can close inactive accounts after six months without charging fees. Still, traders should be aware of this policy to avoid unexpected closures.
FXView Currency Conversion Fees
Botswanans who deposit and withdraw from FXView must note that currency conversion fees may apply.
Does FXView impose a commission on trades?
Yes, FXView charges fees on some account types, such as RAW ECN and Premium ECN accounts, with commission amounts ranging based on account size and trading volume.
Are there any hidden costs while trading on FXView?
No, FXView’s pricing structure is transparent, with no hidden fees connected with trading.
FXView Deposits and Withdrawals
FXView offers Botswanan traders the following deposit and withdrawal methods:
- Bank Transfer (international)
- Local Bank Transfer
- Visa and MasterCard
- Help2Pay
- Skrill
- Neteller
- Cryptocurrencies
FXView Deposit Currencies, Deposit and Withdrawal Processing Times
| 💳 Payment Method | 💱 Deposit Currencies | ⚡ Deposit Processing | ⏱️ Withdrawal Processing |
| 🏦 Bank Transfer (International) | AED, AUD, BBD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, JPY, KES, MWK, MXN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, UGX, USD, ZAR, ZMW | 1–7 days | 1 day |
| 🏦 Local Bank Transfer | USD, EUR, GBP, AUD, CAD, ZAR | 1 day | 1 day |
| 💳 Visa & MasterCard | EUR, USD, GBP, AUD, ZAR | Instant | 1 day |
| 🌐 Help2Pay | USD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR | Instant | 1 day |
| 💼 Skrill | EUR, USD, GBP, AUD, ZAR, CAD | Instant | 1 day |
| 💼 Neteller | EUR, USD, GBP, AUD, ZAR, CAD | Instant | 1 day |
| ₿ Cryptocurrencies | BTC, USDT, ETH, USDC | Instant | 1 day |
How long does it take for deposits to appear in my FXView account?
Deposit processing timeframes vary based on the method used, with some enabling fast deposits and others taking 1 to 7 days for the funds to appear in your account.
What is the minimum deposit necessary to begin trading on FXView?
The minimum deposit requirement on FXView varies based on the account type selected, starting from 690 BWP (50 USD).
How to make a Deposit with FXView
To deposit funds to an account with FXView, Botswanan traders can follow these steps:
✅Log into your FXView account and navigate to the deposit area.
✅Choose your preferred deposit method from the list of possibilities, which includes bank transfers, Visa/MasterCard, Help2Pay, Skrill, Neteller, and cryptocurrency.
✅Choose a currency to deposit from the supported list, which includes USD, EUR, GBP, AUD, ZAR, and others.
✅Enter the amount you want to deposit, ensuring it meets the minimum requirement for your preferred method and account type.
✅To complete the deposit, follow the on-screen prompts, including entering any account or payment information that might be required.
✅Confirm the transaction and give the deposit some time to process. Furthermore, it is worth noting that deposit processing times vary based on the method you use.
How long do FXView Deposits take?
While bank transfers often take 1 to 7 days, deposits made by local bank transfers, Visa/MasterCard, Help2Pay, Skrill, Neteller, and cryptocurrencies are usually handled immediately or within one day.
Can I deposit funds in a currency other than my account’s base currency?
Yes, FXView allows traders to deposit funds in a variety of currencies.
Does FXView provide deposit incentives or promotions?
Yes, FXView offers Botswanans a 100% deposit bonus when they deposit funds for the first time.
How to Withdraw from FXView
✅To withdraw funds from an account with FXView, Botswanan traders can follow these steps:
✅Log into your FXView account and navigate to the withdrawal area.
✅Choose your desired withdrawal method from the list of options.
✅Choose the currency you wish to withdraw your funds, ensuring it is accepted for withdrawals.
✅Enter the amount you want to withdraw, ensuring it matches the minimum withdrawal criteria and does not exceed your available balance.
✅Include any relevant withdrawal information, such as your bank account or cryptocurrency wallet address.
✅Confirm your withdrawal request and then wait patiently for FXView to process it.
How long do FXView Withdrawals take?
FXView normally executes withdrawals within one day, regardless of the withdrawal method. However, the time it takes for withdrawn funds to reach your account may differ depending on the withdrawal method used and the processing schedules of third-party payment providers or banks.
Are there any limits on the frequency or quantity of withdrawals?
No, FXView typically does not limit the frequency or quantity of withdrawals. However, conditions may change.
Can I cancel a withdrawal request using FXView?
Yes, FXView lets Botswanan traders cancel withdrawal requests within a set window before they are completed.
Education and Research
Education
FXView offers the following Educational Materials to Botswanan traders:
- Forex Glossary
- Webinars
- Video Tutorials
- Learn
- FAQs
Research and Trading Tool Comparison
| 🧠 Tool | 📈 FXView | 🏦 IC Markets | 💹 AvaTrade |
| 📅 Economic Calendar | ✅ Yes | ✅ Yes | ✅ Yes |
| 💻 VPS | ✅ Yes | ✅ Yes | ✅ Yes |
| 📊 AutoChartist | No | ✅ Yes | ✅ Yes |
| 📉 TradingView | No | No | ✅ Yes |
| 🧭 Trading Central | No | ✅ Yes | ✅ Yes |
| 🔍 Market Analysis | ✅ Yes | ✅ Yes | ✅ Yes |
| 📰 News Feed | ✅ Yes | ✅ Yes | ✅ Yes |
| 📝 Blog | ✅ Yes | ✅ Yes | ✅ Yes |
FXView also offers Botswanan traders the following additional Research and Trading Tools:
- Market Insights
- Market Holidays
- Market News
- API Trading
- Signals
- MQL5
- VPS
Does FXView provide sophisticated research tools for traders?
Yes, FXView offers comprehensive research tools such as market insights, economic calendars, trading signals, and API trading.
Are there any beginner-friendly materials on FXView?
Yes, FXView caters to Beginner Botswanans by providing tools such as video lessons, FAQs, and a Forex dictionary.
FXView Bonus Offers and Promotions
FXView offers Botswanan traders the following bonuses and promotions:
- 100% Deposit Bonus
- Loyalty Program
- Referral Bonus
100% Deposit Bonus
FXView offers Botswana traders a 100% Deposit Bonus, doubling their initial deposit and providing extra capital for deeper financial markets.
The bonus applies to deposits exceeding $200, supports margin trading, provides instant credit, and is compatible with all platforms. It is also accessible to accounts with leverage of up to 1:300, offering increased flexibility and trading prowess.
Loyalty Program
FXView’s Loyalty Program in Botswana rewards traders with exclusive benefits and rewards. By enrolling, traders earn points, which accumulate into tiered rewards, discounts, and special services.
The program offers four reward tiers, including Bronze, Silver, Gold, and Diamond Trader’s Clubs, with additional perks like zero-cost funding and discounts.
Referral Bonus
FXView’s “Refer a Friend” program offers Botswana traders a simple way to earn rewards for sharing positive experiences. Furthermore, traders can earn $20 for every successful referral, and there is no cap on the number of people Botswanans can refer.
Are there any conditions for FXView bonuses?
Yes, FXView incentives are subject to specific terms and limitations, including minimum deposit amounts, trading volume objectives, and withdrawal limits.
Can I withdraw the bonus funds from my FXView account?
You might be able to. However, withdrawing bonus funds from FXView accounts is subject to the bonus offer’s unique terms and restrictions, such as achieving certain trading requirements or completing a defined trading volume.
How to open an Affiliate Account with FXView
To register an Affiliate Account, Botswanan traders can follow these steps:
Step 1: Click the ‘Apply’ or ‘Join Now’
- Visit the FXView website and navigate to the affiliate section.
- Click the ‘Apply’ or ‘Join Now’ button to access an application form.
Step 2: Fill in the form
- Provide personal and professional information to assess suitability and establish communication and promotion methods.
- Agree to the terms and conditions of the FXView affiliate program.
- Enter a review process where FXView evaluates your application based on the information provided and the potential to recruit new clients.
- Receive a welcome email with your affiliate account details, a unique referral link, and access to marketing materials.
- Access an affiliate dashboard to monitor referrals, view performance reports, and track earnings.
- Promote FXView using your unique referral link through various channels.
Adhere to FXView’s guidelines to ensure effective and compliant promotional activities.
What is an FXView affiliate account?
An FXView affiliate account enables individuals to collaborate with the broker and earn commissions by referring new traders to the platform.
Is there a charge for opening an affiliate account with FXView?
No, FXView typically does not charge fees for starting an affiliate account, making it available to Botswanans and other global clients.
FXView Affiliate Program Features
FXView offers affiliates a Cost-per-acquisition (CPA) model to recognize and aid their efforts in referring clients. The platform provides excellent trading conditions and a secure setting, boosting affiliate credibility and trust.
Furthermore, FXView offers flexible payment options, including a CPA plan or commission-based model and a crucial Affiliate Portal for real-time reporting. The affiliate program offers easy integration, multilingual support, and a fast pay-out process.
In addition, Botswanan affiliates can recruit sub-affiliates and receive compensation for successful referrals. There are no monthly limits on earnings, but a minimum withdrawal of 200 USD applies for bank wire transfers.
How does FXView pay affiliate commissions?
FXView normally pays Botswanan affiliate commissions using various payment methods, such as bank wire transfers, e-wallets, or other convenient choices, with payments completed regularly based on the affiliate’s preferred payment schedule.
Can affiliates monitor their performance and earnings in real time?
Yes, FXView gives affiliates access to a user-friendly dashboard or portal where they can monitor referral activity, track profits, read performance statistics, and assess the efficiency of their marketing activities.
10 Best Forex Brokers in Botswana
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Customer Support
| 💬 Customer Support Feature | 📊 FXView Support |
| ⏰ Operating Hours | 24/5 |
| 🌐 Support Languages | Multilingual |
| 💬 Live Chat | ✅ Yes |
| 📧 Email Address | ✅ Yes |
| ☎️ Telephonic Support | ✅ Yes |
| 🌟 Overall Quality of Support | ⭐️⭐️⭐️⭐️☆ (4/5) |
Is FXView’s customer service available 24/7 for Botswanan traders?
No, FXView’s customer support only operates 24/5 during market hours.
How can Botswanan traders contact FXView’s customer support staff?
Botswanan traders can contact FXView’s customer support team using the live chat option on the broker’s website, email the official help address, or phone the provided number for immediate assistance.
FXView Sponsorships
FXView, a leading financial technology company, has sponsored key industry events globally. In September 2023, it became the Elite Sponsor of the iFX EXPO International, a major Forex and CFD event.
This sponsorship demonstrates FXView’s commitment to client service and innovative products, solidifying its position within the financial technology community.
FXView’s team engaged with partners at the event, showcasing its strong partnership programs and trading solutions.
FXView also served as the Registration Sponsor at the Finance Magnates Africa Summit (FMAS:23) in Johannesburg, marking its formal entry into the South African market.
This participation demonstrates FXView’s commitment to prioritizing clients and South Africa’s growing interest in digital asset investments, highlighting the country’s potential as a tech-driven economy.
Our Experience with FXView
In our experience, FXView is a broker that supports Botswanan traders with various platforms, including MetaTrader 4, MetaTrader 5, ActTrader, and ZuluTrade.
They offer round-the-clock, multilingual customer support, transparent fees, competitive spreads, and bonuses like the 100% deposit bonus and loyalty rewards.
Furthermore, FXView also provides educational resources and research tools, empowering traders to make informed decisions and excel in their trading endeavors.
Overall, FXView is dedicated to providing high-quality services and creating a supportive trading atmosphere for its Botswanan clientele.
FXView Trading Platform
According to our research, FXView’s trading platforms offer various options for Botswanan traders.
FXView’s platforms include MetaTrader 4, MetaTrader 5, ActTrader, and ZuluTrade. MetaTrader 4 and 5 are user-friendly and offer comprehensive charting tools for efficient market analysis and trade execution.
Furthermore, ActTrader’s unique ‘IFO’ charts provide valuable insights into market dynamics, while ZuluTrade fosters collaboration and learning through its social trading features.
Quality of Customer Service
In our experience, FXView is renowned for its exceptional customer service, offering responsive, professional, and dedicated support to Botswanan traders.
With multilingual support, communication barriers are broken, and the company operates 24/5 through live chat, email, and phone channels. This commitment to quality service enhances the trading experience, building trust and confidence among clients in Botswana.
FXView Response Time
| 📞 Support Channel | ⏱️ Average Response Time | 👥 User-Based Response Time |
| ☎️ Phone | 5–6 minutes | 3–4 minutes |
| 24–48 hours | 24–48 hours | |
| 💬 Live Chat | 2–4 minutes | 3–4 minutes |
| 📱 Social Media | 5 minutes | 2–6 minutes |
| 🤝 Affiliate | 24–48 hours | 24–48 hours |
FXView Corporate Social Responsibility
FXView does not have any active CSR projects.
Additional FXView Features
Financial Reports
FXView does not currently publish its Financial Reports.
FXView Future Vision
There is no information on FXView’s future vision for 2024.
FXView Risk Warning and Disclaimer for Traders
Forex trading with FXView offers Botswanan traders opportunities, but they must be aware of the risks. The market’s volatility can cause price fluctuations, leading to financial losses.
Leverage can also magnify risks, with potential losses exceeding the initial investment. Market conditions, geopolitical events, and economic factors can also impact currency values. Traders should consider their risk tolerance, financial situation, and investment objectives before trading.
FXView VPS Review
FXView offers Botswanan traders a complimentary Basic VPS package when they deposit $5,000 or more. This service reduces latency and allows traders to run strategies in a stable environment.
The package supports MT4/MT5/ActTrader platforms on Windows 2019x64STD, with 2 GB memory, 2 VCPU, and 50 GB SSD disk space.
Furthermore, Botswanans can expect less than 2ms ping speed, 99.99% uptime, and the flexibility to log in from any computer.
What is VPS, and how does it aid Botswana traders using FXView?
VPS stands for Virtual Private Server, giving Botswana traders a solid and secure environment to execute trading techniques.
Can Botswanan traders access FXView’s VPS service from multiple devices?
Botswanan traders can access FXView’s VPS service from any computer with an internet connection.
FXView Trading Signals
FXView improves Botswanan traders’ trading experience by integrating with the MQL5 community, providing access to trading signals on MT4 or MT5 platforms.
MQL5 algorithms streamline the process of building, backtesting, deploying, and launching Expert Advisors, eliminating the need for additional software.
FXView’s platform offers detailed trading performance oversight and fast signal execution due to MQL5’s advanced cloud infrastructure.
What are trading signals and how can they help Botswanan traders using FXView?
Trading signals are indications or suggestions computers create to help traders make better trading decisions. FXView connects with the MQL5 community, allowing Botswanan traders to obtain trading signals on MT4 or MT5 platforms and find prospective trading opportunities.
Are FXView’s trading signals customizable for Botswanan traders?
Yes, Botswanan traders utilizing FXView’s platforms can tailor trading signals to their preferences and methods.
FXView Cashback Rebates Features and Conditions
The FXView Loyalty Program in Botswana rewards traders for their trading activity, offering points for every trade. The program is structured into four tiers: Bronze, Silver, Gold, and Diamond, each offering increasing rewards.
Traders can earn up to 7 points per lot traded, depending on their club level. Joining is easy and free, encouraging traders to track points through the website or mobile app. This program celebrates loyalty and enhances the trading experience.
How can Botswanan traders receive cashback rebates using FXView?
Botswanan traders can earn cashback rebates from FXView by actively trading on the platform as part of the Loyalty Program.
Are there multiple tiers or degrees of cashback rebates on the FXView platform?
Yes, FXView offers multiple tiers or cashback rebates, commonly divided into Bronze, Silver, Gold, and Diamond Trader’s Clubs. Each club level provides escalating benefits based on the trader’s volume and activity.
FXView Web Traffic Report
| 🌐 Metric | 📊 FXView Data |
| 🌎 Global Rank | 351,466 |
| 🇺🇸 Country Rank (Top Country) | 14,619 |
| 🏷️ Category Rank | 170 |
| 👥 Total Visits | 108.6K |
| 🚪 Bounce Rate | 38.73% |
| 📄 Pages per Visit | 4.72 |
| ⏱️ Avg. Duration per Visit | 00:07:00 |
| 📆 Visits Over Last 3 Months | |
| 🔹 December | 1 million |
| 🔹 January | 150.1K |
| 🔹 February | 108.6K |
Pros and Cons
| ✅ Pros | ❌ Cons |
| FXView offers Botswana traders a 100% investment Bonus | There is no BWP-denominated account offered |
| FXView offers a range of partnerships to Botswanans | Botswanans cannot get local support in Setswana |
| FXView provides several trading platforms, including MetaTrader 4, MetaTrader 5, ActTrader, and ZuluTrade | Traders face currency conversion fees |
| FXView connects with the MQL5 community, giving traders access to trading signals and expert advisers | There are no local Botswanan CFDs offered |
| Botswanans can choose from three flexible account types | FXView is not regulated in Botswana |
| Botswanan traders who deposit $5,000 or more can receive a Basic VPS plan from the broker | Withdrawal limits apply |
Our Final Verdict on FXView
After we thoroughly examined FXView’s services for traders in Botswana, we found it offers a compelling choice for those looking to tap into global financial markets.
Furthermore, compared to other brokers, FXView stands out with its diverse selection of trading platforms, competitive fee structures, and attractive bonuses and promotions like the 100% deposit bonus and loyalty program.
In addition, we also found that the broker’s dedication to customer support and education adds to its appeal, equipping Botswanan traders with the necessary tools and knowledge to excel in their trading pursuits.
However, it is important to note a few limitations. FXView lacks localized support in Botswana, and there may be fees associated with currency conversions.
Moreover, while FXView offers a decent variety of instruments, there’s room for improvement, particularly in expanding the range of available CFDs and streamlining withdrawal processing times.
Nonetheless, FXView remains a trustworthy broker, offering Botswana traders a reliable platform to kickstart their trading journey.
FXView Alternatives
- Alpari provides a variety of instructional tools specifically for Botswanan traders who are new to Forex trading. These include seminars, articles, and market research tools. Their modest minimum deposits make it accessible to traders with minimal starting money, and they have an excellent reputation in the market.
- FXTM is known for its copy-trading tools, which allow Botswanan traders to profit from the methods of experienced traders. They provide a variety of account kinds to suit different trading techniques. FXTM provides training resources and market research tools to help traders gain useful insights and support.
- XM is notable for its low spreads, which can assist Botswanan traders in reducing trading costs. They also provide deposit and withdrawal options, allowing greater fund management flexibility. XM’s robust customer service is especially useful for beginning traders who may want assistance.
FXView Customer Reviews
- Katlego Moore (February 2024): “I can recommend FXView for scalping and day trading due to its quick execution of orders, narrow spreads, and efficient withdrawal processing.”
- Lorato Edwards (January 2024): “FXView is my primary forex broker of choice, and it offers user-friendly platforms and a comprehensive MT5 with numerous features, making trading easier and providing a hassle-free experience, as I have never encountered any issues with their platform.”
- Tshepo Masisi (December 2023): “FXView is a reliable broker with low spreads and exceptional service, providing experienced advice. The user has had no problems and found their experience fantastic, making it a valuable choice.”
Recommendations according to our in-depth review of FXView
- Consider waiving or lowering currency conversion fees for Botswana Pula (BWP) deposits and withdrawals to save money for local traders.
- Enhance educational resources to give more complete learning materials and help traders of all skill levels.
- Consider forming alliances with local financial institutions or payment processors to provide easier and cost-effective deposit and withdrawal alternatives for Botswanan customers.
- Introduce specialized support for Botswana traders to improve accessibility and meet distinct geographical needs.
- Increase the number of accessible CFDs, particularly those relevant to Botswanan traders, to give more diverse trading opportunities.
- Improve transparency and shorten withdrawal processing times to make financial transfers more efficient for Botswanan clients.
- Implement further efforts to improve platform stability and dependability, guaranteeing a smooth trading experience for Botswana clients.
- Continuously collect feedback from Botswanan traders to identify areas for improvement and customize services to their changing requirements and preferences.
Conclusion
Our Review Methodology
For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Now it is your turn to participate:
- Do you have any prior experience with FXView?
- What was the determining factor in your decision to engage with FXView?
- Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
- Have you experienced issues with FXView, such as difficulty withdrawing funds, inability to verify regulations, unresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Frequently Asked Questions
Is FXView regulated in Botswana?
No, FXView is not regulated by Botswana’s financial authorities. However, it has renowned international licenses, which provide some control and security.
How long does it take to withdraw from FXView?
Withdrawals take up to a day with FXView.
Does FXView have VIX 75?
No, FXView does not offer the Volatility 75 index to Botswanans.
Can I deposit and withdraw from FXView using Botswana Pula (BWP)?
No, FXView does not natively support BWP. Therefore, you must use currencies such as USD or EUR and incur conversion fees.
Does FXView have Nasdaq 100?
Yes, FXView offers Nasdaq 100 to Botswanan traders as a CFD on indices.
Is FXView Safe or a Scam?
FXView is a safe broker for Botswanans despite not being regulated by local entities.
Does FXView provide customer service in Botswana?
No, FXView does not offer Setswana support. Their main support language is English and a few other languages.
Is FXView regulated?
Yes, FXView is regulated in Cyprus, India, South Africa, and Mauritius. Furthermore, FXView has licenses from several global entities.
Can I set up a demo account with FXView to practice trading?
Yes, most reputable brokers, including FXView, provide demo accounts.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Botswanan investors.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
