IC Markets
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.

Last updated
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
True ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs, a complete package for active traders.
Forex trading is regulated in Botswana. The country currently has 34 brokers operating under its regulatory framework. Always verify a broker's licence with the the local authority before depositing funds.
Look for brokers regulated by Botswana's local authority or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers in Botswana are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Traders in Botswana may be subject to local restrictions, for example traders in EU-regulated environments are capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Botswana.
Yes. Most brokers available in Botswana offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
The brokers listed here have been reviewed for their suitability and accept traders based in Botswana, covering regulation, fees, platforms, and account features. Botswana does not have a dedicated supervisory authority for retail forex trading, so residents typically access international brokers regulated by major authorities such as FCA or CySEC. Local traders should confirm the regulator and protections offered, including leverage caps and negative balance protection, before opening an account. International broker access remains the primary option for Botswana residents.
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker