Baxia Markets vs Kwakol Markets

Baxia Markets vs Kwakol Markets Comparison Table 2023
Baxia Markets Kwakol Markets
WINNER
Kwakol Markets is the better broker
Not Yet Rated
2.4

Kwakol Markets is #13 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Baxia Markets is an offshore CFD broker providing access to forex, commodities, cryptos and indices. The online brokerage offers straight-through processing with tight spreads and ultra-low latency.

Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.

Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MetaTrader 4 integration
  • Full range of investments
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Cons
  • Weak regulatory oversight
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
$30 Welcome Bonus
Instruments
CFDs on Forex, Commodities, Cryptos & Indices CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
SCB, FSA ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
Yes 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
No No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
MT4 & MT5 iOS & Android iOS & Android
Auto Trading
Yes (EAs) EAs
Copy Trading
Yes Yes
Copy Trading Platform
Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
Yes No
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
Stock Exchanges
Commodities
CFD Trading
Use highly leveraged CFDs to speculate on popular financial markets. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:500 1:1000
FTSE Spread
From 1.0 From 0.8 pips (Standard Account)
GBPUSD Spread<
From 0.0 From 0.8 pips (Standard Account)
Oil Spread
From 1.0 From 0.8 pips (Standard Account)
Stocks Spread
N/A From 0.8 pips (Standard Account)
Forex Trading
Trade 56 major and minor currency pairs with spreads from 0.01 pips. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
From 0.0 From 0.8 pips (Standard Account)
EURUSD Spread
From 0.0 From 0.8 pips (Standard Account)
EURGBP Spread
From 0.0 From 0.8 pips (Standard Account)
Assets
56 100
Cryptocurrency
Trade popular crypto-fiat crosses with low spreads. Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
Variable From 0.8 pips (Standard Account)
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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