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WINNER
Kwakol Markets is the better broker
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2.5
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2.4
Kwakol Markets is #13 in our broker rankings.
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 Traders from US not accepted |
 Traders from US accepted |
1Market offers 24/7 trading via leveraged CFDs. Trade popular financial markets with MT5 and the broker's own WebTrader.
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Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
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Pros |
- Regulatory oversight
- Demo account
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- Demo account
- Copy trading
- MT4 integration
- Full range of investments
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Cons |
- No MT4 integration
- No copy trading
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Awards |
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- Best Broker Africa 2022 - UF Awards
- Most Trusted Broker Nigeria 2022 - UF Awards
- Best Emerging Broker 2022 - - UF Awards
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Instruments |
CFDs, Forex, Stocks, Indices, Commodities |
CFDs, Stocks, Indices, Commodities, Forex, Cryptos |
Demo Account |
Yes |
Yes |
Minimum Deposit |
$450 |
$1 |
Payment Methods |
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|
Minimum Trade |
0.01 Lots |
0.01 Lots |
Regulator |
CySEC |
ASIC, FINTRAC |
Margin Trading |
Yes |
Yes |
MetaTrader 4 |
No |
Yes |
MetaTrader 5 |
Yes |
Yes |
cTrader |
No |
No |
AlgoTrader |
No |
No |
OmniTrader |
No |
No |
TradingView |
No |
No |
Autochartist |
No |
Yes |
eSignal |
No |
No |
Trading Central |
Yes |
No |
STP Account |
Yes |
Yes |
ECN Account |
No |
Yes |
DMA Account |
No |
No |
MAM Account |
No |
No |
PAMM Account |
No |
No |
LAMM Account |
No |
No |
Demat Account |
No |
No |
AI / Machine Learning |
No |
No |
Robo Advisor |
No |
No |
Negative Balance Protection |
Yes |
Yes |
Market Maker |
No |
No |
P2P Trading |
No |
No |
Spot Trading |
No |
No |
Mobile Apps |
Android |
iOS & Android |
Auto Trading |
EAs |
EAs |
Copy Trading |
No |
Yes |
Copy Trading Platform |
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Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades. |
Social Trading |
No |
No |
Trade Signals |
MT5 |
|
VPS Hosting |
No |
No |
Tournaments |
No |
Yes |
Demo Competitions |
No |
No |
Ethical Investing |
No |
No |
Custodial Account |
No |
No |
Guaranteed Stop Loss |
No |
No |
Inactivity Fee |
$100 |
$10 |
Islamic Account |
Yes |
Yes |
Account Currencies |
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Stock Exchanges |
|
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Commodities |
|
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CFD Trading |
Trade CFDs on 600+ assets with leverage and low fees. |
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. |
Leverage |
1:500 (Global), 1:30 (EU) |
1:1000 |
FTSE Spread |
NA |
From 0.8 pips (Standard Account) |
GBPUSD Spread< |
1.95 (Classic Account) |
From 0.8 pips (Standard Account) |
Oil Spread |
0.09 (Classic Account) |
From 0.8 pips (Standard Account) |
Stocks Spread |
0.02% Minimum |
From 0.8 pips (Standard Account) |
Forex Trading |
Trade 20+ currency pairs with raw spreads on leading platforms. |
Trade forex with ECN executions and tight spreads. |
GBPUSD Spread |
1.95 (Classic Account) |
From 0.8 pips (Standard Account) |
EURUSD Spread |
1.8 (Classic Account) |
From 0.8 pips (Standard Account) |
EURGBP Spread |
1.95 (Classic Account) |
From 0.8 pips (Standard Account) |
Assets |
21 |
100 |
Cryptocurrency |
Crypto trading not offered |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. |
Spread |
|
From 0.8 pips (Standard Account) |
Coins |
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|
Crypto Lending |
No |
No |
Crypto Mining |
No |
No |
Crypto Staking |
No |
No |
Auto Market Maker |
No |
No |
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More Comparisons |
1Market vs |
Kwakol Markets vs |