FXPesa vs Kwakol Markets

FXPesa vs Kwakol Markets Comparison Table 2023
FXPesa Kwakol Markets
WINNER
Kwakol Markets is the better broker
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

FXPesa offers forex and CFD trading from its headquarters in Kenya.

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
Bonus
30% deposit bonus up to $150
Instruments
Stocks, CFD, Forex CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$5 $1
Payment Methods
Minimum Trade
No minimum 0.01 Lots
Regulator
CMA ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No 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
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
MT4, FXPesa Trader iOS & Android
Auto Trading
Yes (EAs) EAs
Copy Trading
No Yes
Copy Trading Platform
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
MT4
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
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on popular financial assets, including indices and commodities. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:400 1:1000
FTSE Spread
From 0.7 pips From 0.8 pips (Standard Account)
GBPUSD Spread<
From 0.2 pips From 0.8 pips (Standard Account)
Oil Spread
From 0.028 pips From 0.8 pips (Standard Account)
Stocks Spread
Not Available From 0.8 pips (Standard Account)
Forex Trading
FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
From 0.2 pips From 0.8 pips (Standard Account)
EURUSD Spread
From 0 pips From 0.8 pips (Standard Account)
EURGBP Spread
From 0.2 pips From 0.8 pips (Standard Account)
Assets
66 100
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
FXPesa
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