FXCentrum vs Kwakol Markets

FXCentrum vs Kwakol Markets Comparison Table 2023
FXCentrum Kwakol Markets
WINNER
Kwakol Markets is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
2.4
United States Flag Traders from US accepted
FXCentrum offers welcome deposit bonuses plus STP and ECN trade execution. Three trading platforms, mobile apps and copy trading are also available. Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Promotions

Win Platinum, Gold & Silver Bars In The FXCentrum Metals Competition

Bonus
$160 no deposit bonus
Instruments
Stocks, CFD, Forex, ETFs, Volatility Index CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
0.1 lots 0.01 Lots
Regulator
SFSA 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
No 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
iOS & Android iOS & Android
Auto Trading
Yes - EAs EAs
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading via the award-winning ZuluTrade platform. Over 100,000 registered users and master traders. Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
Yes 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
  • USD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD trading with a choice of floating or fixed spread accounts Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:1000 1:1000
FTSE Spread
2.0 From 0.8 pips (Standard Account)
GBPUSD Spread<
0.4 From 0.8 pips (Standard Account)
Oil Spread
0.05 From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Speculate on major, minor and exotic currency pairs with leverage up to 1:000 Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.4 From 0.8 pips (Standard Account)
EURUSD Spread
0.2 From 0.8 pips (Standard Account)
EURGBP Spread
0.5 From 0.8 pips (Standard Account)
Assets
50+ 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
More Comparisons
FXCentrum
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Kwakol Markets
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