FXChoice vs Kwakol Markets

FXChoice vs Kwakol Markets Comparison Table 2023
FXChoice Kwakol Markets
4.3
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

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads and online CFD trading.

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
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
50% or 65% Welcome Deposit Bonus
Instruments
CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSC 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
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes 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
Yes 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
FXChoice has partnered with ZuluTrade to offer copy trading solutions to all account holders. 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 - MQL5
VPS Hosting
Yes 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
  • USD
Stock Exchanges
Commodities
CFD Trading
FXChoice offers leveraged CFD products on a breadth of financial markets. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:200 1:1000
FTSE Spread
From $18.53 From 0.8 pips (Standard Account)
GBPUSD Spread<
From $8 From 0.8 pips (Standard Account)
Oil Spread
From $40 From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Trade 36 forex pairs, including the US Dollar and Euro. Trade forex with ECN executions and tight spreads.
Forex App

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.

GBPUSD Spread
From $8 From 0.8 pips (Standard Account)
EURUSD Spread
From $5 From 0.8 pips (Standard Account)
EURGBP Spread
From $6.95 From 0.8 pips (Standard Account)
Assets
36 100
Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar. Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
0.11 - 3.0 pips From 0.8 pips (Standard Account)
Coins
  • BTC
  • LTC
  • ETH
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes No
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