Fondex vs Kwakol Markets

Fondex vs Kwakol Markets Comparison Table 2023
Fondex Kwakol Markets
Not Yet Rated
2.4

Kwakol Markets is #5 in our CFD broker rankings.

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

Fondex is an award-winning forex and CFD broker with industry low trading costs.

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

76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Instruments
Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSA, CySEC ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes Yes
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
Yes 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
Yes No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes - cBots available EAs
Copy Trading
Yes Yes
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors. 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
Yes
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
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
Stock Exchanges
Commodities
CFD Trading
Fondex offers leveraged CFDs on a wide range of popular financial markets. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 1:1000
FTSE Spread
1.4 From 0.8 pips (Standard Account)
GBPUSD Spread<
0.71 From 0.8 pips (Standard Account)
Oil Spread
6.71 From 0.8 pips (Standard Account)
Stocks Spread
Start from 0.01 From 0.8 pips (Standard Account)
Forex Trading
Fondex offers trading opportunities on 80 currency pairs, including majors. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.71 From 0.8 pips (Standard Account)
EURUSD Spread
0.28 From 0.8 pips (Standard Account)
EURGBP Spread
0.7 From 0.8 pips (Standard Account)
Assets
80+ 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
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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