GoFX vs Kwakol Markets

GoFX vs Kwakol Markets Comparison Table 2023
GoFX Kwakol Markets
3.4
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

GoFX is an online broker aimed at traders from Thailand. Multiple account tiers, no deposit bonuses and loyalty promos available.

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

Pros
  • Full range of investments
  • Low minimum deposit
  • No demo account
  • MT4 integration
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Cons
  • Weak regulatory oversight
  • No copy trading
Awards
  • Fastest Growing Broker 2021 - Forex Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
$50 No Deposit Bonus
Instruments
Forex, Cryptos, CFDs on Stocks, Indices & Commodities CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$5 $1
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
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
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
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
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
Yes (via 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
Speculate on several markets without owning the underlying asset. High leverage available. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:3000 1:1000
FTSE Spread
0.01 From 0.8 pips (Standard Account)
GBPUSD Spread<
0.00001 From 0.8 pips (Standard Account)
Oil Spread
0.01 From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Trade major and minor currency pairs on the MT4 platform. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.00001 From 0.8 pips (Standard Account)
EURUSD Spread
0.00001 From 0.8 pips (Standard Account)
EURGBP Spread
0.00001 From 0.8 pips (Standard Account)
Assets
28 100
Cryptocurrency
Trade popular cryptos with USD cross pairs. Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
0.0001 From 0.8 pips (Standard Account)
Coins
  • BTC
  • ADA
  • ETH
  • LTC
  • DOG
  • 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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