EagleFX vs Khwezi Trade

EagleFX vs Khwezi Trade Comparison Table 2024
EagleFX	Khwezi Trade
Review 4.1	Review 4

EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for short-term traders.	Khwezi Trade is a South African, FCSA-regulated brokerage that offers CFD trading with up to 1:400 leverage through the MT5 platform. The broker's asset list is not extensive, but does include a decent range of forex pairs and some stock indices. The free demo account and low minimum deposit make it easy and risk-free to try out. The broker also offers good welcome and other bonuses for traders who sign up.
Customer Reviews
5 Based on 1 EagleFX customer reviews
Bonus Offer
	60% deposit welcome bonus
Comment by Reviewer
"EagleFX will serve experienced day traders looking for raw ECN spreads, high leverage and fast withdrawals. Beginners can also take advantage of the low $10 minimum deposit and round-the-clock support. However, the lack of regulation is a major drawback."	"Khwezi Trade is best for South African traders looking for low-deposit and high-leverage CFDs on forex and popular financial assets."
Pros
The $6 round-turn commissions are competitive (other commission structures we review come in at around $7 per round-turn) The broker offers free and unlimited demo accounts in MT4, plus no inactivity fees - ideal for beginners seeking flexibility The broker offers Bitcoin deposits, as well as fast-tracked withdrawals, which will serve more active traders EagleFX continues to offer 24/7 customer support to clients via live chat, email or telephone High forex leverage is available for experienced investors, up to 1:500	CFD trading with up to 1:400 leverage Supports the popular MT5 platform Decent range of 40 forex pairs including majors Account balance in South African Rand will suit local traders Free technical analysis tools Generous welcome bonuses
Cons
There are very limited educational resources, market research and popular additional tools like copy trading - common features found at many alternatives The range of 100+ instruments is very limited compared to the hundreds offered by most other competitors The broker is based offshore and is unregulated, meaning traders will receive little to no safeguards	Limited asset list with no company shares Weak selection of extra educational content Poor website with little information on trading terms
Awards
FX Broker With Best Withdrawal Options 2020 Best ECN/STP Broker 2020 Best Forex Broker 2020	Best FX Broker Africa 2020 & 2021 - Trade Forex Best Broker South Africa 2019 & 2020 - Global Brands Magazine
Instruments
Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies	Forex, CFDs, indices, commodities
Demo Account
Yes	Yes
Minimum Deposit
$10	R500
Trading Platforms
MT4	MT5
Payment Methods
Bitcoin Payments Credit Card Debit Card Mastercard Visa Wire Transfer	Credit Card Debit Card Mastercard Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	FSCA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
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
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
Android App Rating
4.4
iOS App Rating
4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MT4	Yes - Flexi Analysis and Dynamic Outcomes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP	ZAR
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange (ASX) Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq
Commodities
Gold Oil Silver	Gold Natural Gas Oil Silver
CFD Trading
The broker offers a small range of 100+ CFD instruments spanning key markets, with high leverage up to 1:500. Pricing is reasonable, with round turn commissions coming in at $6 alongside tight spreads. Multiple short-term strategies are also permitted, including hedging and scalping.	Khwezi Trade offers CFDs on 40 currencies as well as a few commodities and 11 stock indices. Commodities include gold, silver and crude oil, and the stock indices include the popular Dow Jones. These are traded using the powerful MT5 platform with high leverage, no commission and variable spreads.
Leverage
1:500	1:400
FTSE Spread
0.77	200
GBPUSD Spread
1.3	16
Oil Spread
0.09	20
Stocks Spread
Variable	Variable
Forex Trading
You can go long or short on over 50 forex pairs from majors to exotics, with competitive spreads as low as 0.1 pips. The broker offers the leading charting software, MetaTrader 4, which delivers a host of advanced features, including 9 timeframes and over 30 indicators.	Khwezi Trade offers 40 forex pairs, traded through CFDs with up to 1:400 leverage, no commission and fees charged through the spread. Spreads start from 0.4, but these vary by asset and are subject to change with market conditions.
GBPUSD Spread
1.3	16
EURUSD Spread
0.7	10
EURGBP Spread
1.4	25
Assets
55	39
Cryptocurrency
A strong range of cryptocurrencies are available with 35+ tokens including popular assets like Bitcoin and Ethereum. You can also make convenient Bitcoin deposits within minutes, with no transfer fees.	Crypto trading not offered
Spread
Floating
Coins
BCH BTC DASH EOS BIT ETP LTC BTC OMG ZEC USDT BCH ETP QTUM XMR DOT ETC IOS NEO SAN ZRX EDO ETH IOT NEO SAN XRP BTG EDO ETH OMG TRX XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
EagleFX vs	Khwezi Trade vs