Equiti vs Khwezi Trade

Equiti vs Khwezi Trade Comparison Table 2024
Equiti	Khwezi Trade
Review 2.8	Review 4

Equiti is an international STP brokerage, with built-in analysis tools and a wide range of CFD and forex markets. The broker also offers sky-high leverage rates of up to 1:2000 and is regulated offshore for retail traders by the Seychelles FSA, among other tier-2 authorities.	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.
Bonus Offer
	60% deposit welcome bonus
Comment by Reviewer
"After opening an account, I think Equiti is a pretty good option for experienced traders looking for ECN pricing with high leverage rates on the feature-rich MT5 platform. That said, the offshore regulation doesn't give me a great deal of confidence and the lack of educational tools is frustrating."	"Khwezi Trade is best for South African traders looking for low-deposit and high-leverage CFDs on forex and popular financial assets."
Pros
I'm pleased that there's a strong range of accessible payment methods, including bank wire, cards, e-wallets and cryptos The free demo with unlimited usage is a game-changer for those who want to continuously test their strategies DeFi enthusiasts can speculate on an impressive range of 80+ cryptocurrency CFD products I appreciate the 24/6 customer support available in 6 languages, via email and live chat High leverage rates of 1:2000 are on offer for experienced margin traders	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
I think retail clients should look elsewhere for robust regulatory oversight since Equiti's main brokerage branch is regulated offshore Equiti falls short in terms of educational material and extra tools, with one of the most basic offerings I have seen I'm disappointed that bank transfer and e-wallet withdrawals are subject to a fee of 1% up to $30	Limited asset list with no company shares Weak selection of extra educational content Poor website with little information on trading terms
Awards
	Best FX Broker Africa 2020 & 2021 - Trade Forex Best Broker South Africa 2019 & 2020 - Global Brands Magazine
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies	Forex, CFDs, indices, commodities
Demo Account
Yes	Yes
Minimum Deposit
$500	R500
Trading Platforms
MT4 MT5 DupliTrade	MT5
Payment Methods
GlobePay Neteller Skrill Visa	Credit Card Debit Card Mastercard Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA, JSC, CMA, SCA, CBA, FCA	FSCA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	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
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
Yes	No
Trade Signals
Yes	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
Islamic Account
Yes	No
Account Currencies
	ZAR
Stock Exchanges
	Australian Securities Exchange (ASX) Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq
Commodities
Gold	Gold Natural Gas Oil Silver
CFD Trading
The broker's CFD range encompasses all my favorites: forex, US, UK and European stocks, international ETFs, energy commodities, global stock indices and cryptos. They're all available with competitive ECN conditions from within the MT4 or MT5 trading platforms.	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
1.2	200
GBPUSD Spread
0.2	16
Oil Spread
0.028	20
Stocks Spread
Variable	Variable
Forex Trading
During my testing, I uncovered nearly 70 foreign exchange CFDs - not a bad line-up compared to other brokers I review. The broker’s STP execution model means that execution times for me are generally quite low and spreads are competitive, starting from 0.0 pips.	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
0.2	16
EURUSD Spread
1.6	10
EURGBP Spread
0.9	25
Assets
65	39
Cryptocurrency
I’m pretty happy with Equiti’s 1:10 leverage and spreads from $5 on popular crypto pairs like BTCUSD. Savvy clients can also utilize the broker's signals and market news to get crypto trade ideas and keep abreast of industry developments.	Crypto trading not offered
Spread
Variable
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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