FXCM vs Kwakol Markets

FXCM vs Kwakol Markets Comparison Table 2023
FXCM 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

FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.

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
Instruments
Spreadbetting, CFD, Forex, Crypto CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
£300 $1
Payment Methods
Minimum Trade
Varies by asset 0.01 Lots
Regulator
FCA, CySEC, ASIC. ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
Yes No
OmniTrader
No No
TradingView
Yes No
Autochartist
No Yes
eSignal
Yes No
Trading Central
No No
STP Account
No Yes
ECN Account
No 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
No No
Mobile Apps
iOS and Android iOS & Android
Auto Trading
EAs
Copy Trading
Yes Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
Yes No
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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 1:1000
FTSE Spread
1.18 pts var* From 0.8 pips (Standard Account)
GBPUSD Spread<
0.5 pips* From 0.8 pips (Standard Account)
Oil Spread
0.05 (var)* From 0.8 pips (Standard Account)
Stocks Spread
0.2% Var* From 0.8 pips (Standard Account)
Forex Trading
Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.5 pips var* From 0.8 pips (Standard Account)
EURUSD Spread
0.2 pips var* From 0.8 pips (Standard Account)
EURGBP Spread
0.5 pips var* From 0.8 pips (Standard Account)
Assets
40 100
Cryptocurrency
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
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