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Intro and winners
Top 5 picks for best international online brokers in Botswana in 2023:
- Interactive Brokers is the best international online brokers in Botswana in 2023. - Low trading fees. Wide range of products. Many great research tools.
- XTB - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
How did we select the best international online brokers in Botswana in 2023?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fees, commissions),
- We checked and compared every aspect of their services,
- Opened an account and tested the platform (charting, features, usability) with real money.
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
Now let's jump straight to the results.
Best international online brokers in Botswana in 2023
International online brokers' key info overview
While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.
| Interactive Brokers | XTB | Alpaca Trading | Admirals (Admiral Markets) | IG | |
|---|---|---|---|---|---|
| Overall score | 4.9 stars | 4.8 stars | 4.7 stars | 4.7 stars | 4.6 stars |
| Minimum deposit | $0 | $0 | $0 | $100 | $0 |
| Time to open account | 1-3 days | 1 day | 1 day | 1 day | 1-3 days |
Popularity of the best online brokers in Botswana
Interested in what others think? Here's how many of our users chose these best online brokers over the last 6 months.
Best international online brokers in Botswana in 2023
Trading fees
In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.
| Interactive Brokers | XTB | Alpaca Trading | Admirals (Admiral Markets) | IG | |
|---|---|---|---|---|---|
| US stock | $1.0 | $0.0 | $0.0 | $0.0 | $15.0 |
| UK stock | $3.4 | $0.0 | - | $0.0 | $9.0 |
| EURUSD benchmark fee | $14.7 | $15.2 | - | $15.1 | $17.4 |
| US stock index options | $6.5 | - | - | - | $10.0 |
| Mutual fund | $15.0 | - | - | - | - |
| S&P 500 index CFD fee | $3.3 | $4.0 | - | $2.3 | $2.6 |
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.
Best international online brokers in Botswana in 2023
Other fees at international online brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Interactive Brokers | XTB | Alpaca Trading | Admirals (Admiral Markets) | IG | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | Yes | No | Yes | Yes |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 | $0 | $0 |
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Best international online brokers in Botswana in 2023
Our assessment of best international online brokers for residents in Botswana in 2023
At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.
| Interactive Brokers | XTB | Alpaca Trading | Admirals (Admiral Markets) | IG | |
|---|---|---|---|---|---|
| Overall score | 4.9 stars | 4.8 stars | 4.7 stars | 4.7 stars | 4.6 stars |
| Fees score | 4.5 stars | 4.3 stars | 4.8 stars | 3.9 stars | 3.5 stars |
| Mobile platform score | 3.5 stars | 4.4 stars | 4.2 stars | 3.8 stars | 5.0 stars |
| Deposit and withdrawal score | 3.0 stars | 4.5 stars | 1.8 stars | 5.0 stars | 4.5 stars |
| Account opening score | 3.2 stars | 5.0 stars | 4.8 stars | 5.0 stars | 4.2 stars |
If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.
And now, let's see the top international online brokers for 2023 for residents in Botswana in detail one by one, starting with the winner, Interactive Brokers.
#1 Best international online broker in Botswana in 2022
Interactive Brokers
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2023 |
#2 Best international online broker in Botswana in 2022
XTB
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
| XTB snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, Paysafe, Skrill |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of XTB services, check out our review for 2023 |
#3 Best international online broker in Botswana in 2022
Alpaca Trading
Recommended for traders interested in algorithmic stock trading
| Alpaca Trading snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Alpaca Trading services, check out our review for 2023 |
#4 Best international online broker in Botswana in 2022
Admirals (Admiral Markets)
Recommended for forex traders who are familiar with the metatrader trading platforms
| Admirals (Admiral Markets) snapshot | |
|---|---|
| Minimum deposit | $100 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong |
| Withdrawal method | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2023 |
#5 Best international online broker in Botswana in 2022
IG
Recommended for traders of any experience level looking for an easy-to-use trading platform
| IG snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Average |
| Deposit method | Bank transfer, Credit/debit cards, PayPal |
| Withdrawal method | Bank transfer, Credit/debit cards |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of IG services, check out our review for 2023 |
Best international online brokers in Botswana in 2023
What makes a good online broker
Now that you know the top 5, you probably want to know how we came up with this list. Let's go through a few points quickly.
Are these brokers reliable?
Absolutely. You can be sure none of them is a scam. They are all regulated by at least one top-tier regulator.
How did BrokerChooser pick the best online brokers?
At BrokerChooser, we test online brokers based on more than 500 criteria, with real accounts and real money. We don't want to overwhelm you, so we will list only the top 5 criteria.
| 1. Fees | Trading fees for a given stock trade can be 50 times higher at one online broker compared to another. The brokers listed here all have low fees. |
| 2. Deposit and withdrawal | At some online brokers, funding and withdrawing funds can take much longer and be much more expensive than at others. |
| 3. Trading platform | A user-friendly and well-equipped trading platform can significantly increase your trading comfort. |
| 4. Account opening | Some online brokers require a minimum deposit to start investing while others don't ask for a fix first-time deposit. Check these requirements before opening an account. |
| 5. Markets and products | Want to invest in Japanese stocks or trade Bitcoin? They are not be available at each broker. We selected brokers with a wide range of products so you can trade many asset types. |
Still unsure? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country, it will show only the brokers that are relevant to you. Want more details? Compare brokers with the help of this detailed comparison table.
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