Best Forex Brokers in Botswana 2023 (Top 10)

Private investors have the opportunity to participate in global trade by engaging in Fx trading. There is now a wide range of Forex providers that supply special software for this purpose. However, this is exactly what makes the selection so difficult, because in terms of services and conditions, there are sometimes big differences between online forex brokers in botswana. This is why a comparison of forex brokers botswana is essential – and we will show you which aspects are particularly important.

Best Forex Brokers In Botswana 2023


1. HFM (HotForex)

HotForex, a brand name of HF Markets Europe Ltd is a company headquartered in the world homeland of Forex – Cyprus. As a reputable broker with years of experience in the market, HotForex has obtained regulations from CySEC, BAFiN and FCA. As an outstanding performing broker, HotForex has been awarded with more than 10 accolades in the past few years alone. As a broker, HotForex provides access to the forex, binary options, commodities and stocks markets.
HotForex offers five types of forex accounts including VIP and Currenex accounts which are commission based. The rest of the accounts are commission free with spreads starting at 0.2 Pips.

Regulated: CySec, FSCA, FSA(S), FSA(SV), CMA.

Trading Platforms(s): MT4, MT5
Minimum deposit: 5$
Leverage: 1:1000
Found in: 2011

2. Exness

Exness is a very well-known broker in the industry that has been offering trading services in the industry since 2008. it offers stable and reliable brokerage services with a comfortable trading environment that could suit most traders with tight spreads and no hidden commissions. exness offers Metatrader 4 as its primary broker and gives the ability to trade a number of CFDs and futures contracts on a range of markets.

Regulated: FSC, FCA, FSCA, Cosec

Trading Platforms(s): MT4, MT5
Minimum deposit:$1
Leverage: 1:2000
Found in: 2008


FXTM is a forex broker established in 2011, which has over 11 years of experience in providing retail investors with forex trading, cryptocurrency trading, index trading, stock trading, commodity trading, commodity trading, ETF and CFD trading. it offers investment services in 180 countries, with more than 4 million registered clients.

Regulated: CySEC, FCA, FSC Mauritius, CMA

Trading Platforms(s): MetaTrader 4, MetaTrader 5, Proprietary platform

Minimum deposit: $10

Leverage: 1:2000

Found in: 2011

4. XM

XM is a registered trademark of Trading Point of Financial Instruments Ltd, an international Forex broker company with its HQ in Limassol, Cyprus, with a global reach in over 170 countries. The company expanded its global financial services within just two years after its setup in 2009 in a spectacular way, which is first of all attributed to their superior trading conditions and excellent customer support.

Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 120/10, and registered with FCA (FSA, UK), under reference no. 538324. Trading Point of Financial Instruments Ltd operates in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union.

XM adheres to a strict policy of applying no re-quotes, no rejection of orders and no hidden fees or commissions. Moreover, an equally strict policy of real-time markets execution is applied at all times, according to which 99.35 of all trading orders get executed in less than 1 second. Investors small and big are offered multiple trading accounts and non-expiring demo accounts to trade over 100 financial instruments with flexible trading conditions and with the assistance of Personal Account Managers 24 hours on 5 business days in over 18 languages.

Regulated: CySEC, ASIC, IFSC
Trading Platforms(s): MT4, MT5
Minimum deposit: $5
Leverage: 1:2000
Found in: 2009

5. Fusion Markets

FusionMarkets is an Australian forex broker founded in 2010. It is regulated by ASIC and VFSC. it offers its clients affordable trading conditions. Account creation is quick and easy, and customer service representatives respond quickly and accurately.

Fusion Markets offers minimum spreads of 0.00. And if we look at the broker’s average spreads, we see numbers like 0.22, 0.48, 0.65, 0.92, and 1.01. Moreover, their commission fees are extremely low.

Regulated: CySEC, ASIC, IFSC

Trading Platforms(s): MT4, MT5
Minimum deposit:$0
Leverage: 1:500
Found in: 2017

6. Roboforex

RoboForex offers 5-decimal pricing for its ECN clients with a maximum leverage of 1:300. By partnering with Integral, RoboForex offers a good level of liquidity consisting of buy-side and sell-side banks, hedge fund institutions and prime brokers. Spreads with RoboForex can be as low as zero during peak market hours.

Regulated: IFSC
Trading Platforms(s): MT4, MT5, Ctrader, RWebTrader, RMobileTrader, RTrader

Minimum deposit:$10
Leverage: 1:2000
Found in: 2011

Leave a Reply