FXTM vs Kwakol Markets

FXTM vs Kwakol Markets Comparison Table 2023
FXTM Kwakol Markets
WINNER
Kwakol Markets is the better broker
4
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

FXTM is a top-rated forex and CFD broker. Offering 1000+ markets and three account types, they cater to all levels of trader.

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

Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MT4 & MT5 integration
  • Strong regulatory oversight
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
30% up to $100 via Exinity Ltd
Instruments
Forex, CFDs, indices, commodities, stocks CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC, FCA, FSCA, 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
Yes Yes
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes 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 & Windows iOS & Android
Auto Trading
Yes, via FXTM Invest or EAs EAs
Copy Trading
Yes Yes
Copy Trading Platform
FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios 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
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • NGN
  • USD
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on the price of a wide range of popular financial markets. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 EU, 1:200 Global 1:1000
FTSE Spread
1.3 pts From 0.8 pips (Standard Account)
GBPUSD Spread<
0.3 (var) From 0.8 pips (Standard Account)
Oil Spread
9 pts (var) From 0.8 pips (Standard Account)
Stocks Spread
0.1% Var From 0.8 pips (Standard Account)
Forex Trading
FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types. Trade forex with ECN executions and tight spreads.
Forex App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

GBPUSD Spread
0.3 (var) From 0.8 pips (Standard Account)
EURUSD Spread
0.1 (var) From 0.8 pips (Standard Account)
EURGBP Spread
0.2 (var) 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
Variable From 0.8 pips (Standard Account)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • 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
FXTM
vs
Kwakol Markets
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