BT Markets Forex Broker

BT MarketsReview SummaryFounded2019Registered Country/RegionSouth AfricaRegulationExceededMarket InstrumentsForexCommoditiesIndicesSharesDemo Account❌LeverageUp to 1:500SpreadFrom 1.5 pipsTrading PlatformMT5MetaTrader 5 web platformMeta rader 5 Mopie patformMin Deposit$100Customer SupportPhone: +66983334235Email: support@btmarkets.com24/7 Online ChatPhysical Address: W633 Umlazi Durban Kwa-Zulu Natal South Africa 4031Regus Business Centre, 2nd Floor, West Tower, Nelson Mandela Square, Maude Street, Sandton 2196Rm 11/12 8th Flr. Building B The Cube Ramkamhaeng 89/2 Alley Khwaeng Hua Mak, Bangkok, Thailand 10240BT Markets Information BT Markets, owned by Botanica Glow(Pty)Ltd. It is a South African-registered brokerage established in 2019. It offers 500 trading instruments for traders and offers 4 account types with the MT5 trading platform. At present, the brokerage is in an abnormal state of supervision and has been characterized as exceeded, with insufficient security.Pros and ConsPros Cons Spreads starting at 0.0Exceeded regulatory state500 instrumentsSupporting MT54 account types11 deposit methods and 7 withdrawal methodsIs BT Markets Legit?Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusFSCABotanica Glow (Pty) LtdFinancial Service Corporate52243ExceededWhat Can I Trade on BT Markets? BT Markets says it offers 500 trading instruments. It allows you to trade CFDs on the world's leading indices such as the S&P 500, FTSE and Dow Jones. Commodities such as oil and precious metals; Easy CFDs for the world's largest brands such as Amazon, Meta Platforms, Inc., Apple, Microsoft and Alphabet. In addition, it offers more than 50 major, minor and foreign currency pairs.Tradable Instruments Supported Forex✔Commodities✔Indices✔Shares✔Bonds❌ETF❌Account Types BT Markets has four account types: STANDARD Account, ECN Account, PRO Account and ISLAMIC Account. They differ in the minimum deposit requirements ranging from $100 to $5,000; commission from $0 to $10.BT Markets Fees The four account types have different starting spreads ranging from 0.1 to 1.5; Commission from $0 to $10. There are no fees for credit card deposits or withdrawals, and BTMarkets charges a flat fee of $10 for bank wire withdrawals of $100 or less; An overnight position will incur a swap or overnight fee waiver; If the trading account is inactive for more than 90 days, a $30 monthly fee is deducted from the balance.Trading Platform The main trading platform offered by BT Markets is MT5, which is available on desktop, web and mobile.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, MobileSkilled traderMetaTrader 5 web platform✔WebSkilled traderMeta rader 5 Mopie patform✔MobileSkilled traderMT4❌Deposit and Withdrawal BTMarkets supports 11 deposit methods and 7 withdrawal methods. Fees are borne by BTMarkets.