BT Markets Spreads, leverage, minimum deposit Revealed

BT 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 Cons

Is BT Markets Legit?

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	FSCA	Botanica Glow (Pty) Ltd	Financial Service Corporate	52243	Exceeded

What 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.

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.

Deposit and Withdrawal

　　BTMarkets supports 11 deposit methods and 7 withdrawal methods. Fees are borne by BTMarkets.