Global Prime vs Kwakol Markets

Global Prime vs Kwakol Markets Comparison Table 2023
Global Prime 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

Global Prime is a multi-regulated trading broker offering 100+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100.

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

Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple deposit methods
  • MetaTrader 4 integration
  • Good execution speed
  • Strong regulation
  • Copy trading
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Cons
  • Clients from US and Canada are not accepted
  • No MetaTrader 5 integration
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
AUD $200 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
ASIC, VFSC, FSA ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes 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
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes EAs
Copy Trading
Yes Yes
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. 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
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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
  • USD
Stock Exchanges
Commodities
CFD Trading
Buy and sell across the financial markets with leveraged CFD products. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:200 1:1000
FTSE Spread
0.84 From 0.8 pips (Standard Account)
GBPUSD Spread<
0.64 From 0.8 pips (Standard Account)
Oil Spread
1.6 From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Global Prime offers online trading on a long list of major, minor and exotics currencies. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.75 From 0.8 pips (Standard Account)
EURUSD Spread
0.16 From 0.8 pips (Standard Account)
EURGBP Spread
0.85 From 0.8 pips (Standard Account)
Assets
48 100
Cryptocurrency
Trade five top crypto coins against the USD. Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
Floating From 0.8 pips (Standard Account)
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
  • 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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