Hankotrade vs Kwakol Markets

Hankotrade vs Kwakol Markets Comparison Table 2023
Hankotrade Review 2023	Kwakol Markets Review 2023
Review 2 Hankotrade is #13 in our CFD broker rankings.	Review 4.5 Kwakol Markets is #1 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
Hankotrade is an offshore broker with high leverage, low fees and a welcome bonus.	Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
Bonus Offer
100% Deposit Bonus
Comment by Reviewer
	"Kwakol Markets is a good option for newer traders with a dedicated learning academy, copy trading and a choice of reliable platforms. New clients can also sign up and start trading in four straightforward steps."
Pros
Demo account MT4 integration Low minimum deposit	Full range of investments with 1000+ assets including cryptos Wide range of free learning resources such as an eBook Account manager and client support functions MetaTrader 4 and MetaTrader 5 integration Excellent market analysis tools Easy account opening process High leverage up to 1:500 Demo account available 2FA login security 0.01 Lot trading
Cons
No regulatory oversight Few payment methods No copy trading	Regional restrictions in certain countries Lack of deposit and withdrawal methods High deposits for premium features The only base currency is USD
Awards
	Best Broker Africa 2022 - UF Awards Most Trusted Broker Nigeria 2022 - UF Awards Best Emerging Broker 2022 - - UF Awards
Instruments
CFDs, Forex, Indices, Commodities, Cryptos	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$1
Trading Platforms
MT4 MT5	MT4 MT5 AutoChartist
Payment Methods
Bitcoin Payments Ethereum Payments	Bitcoin Payments Credit Card Debit Card Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
None	ASIC, FINTRAC
Margin Trading
Yes	Yes
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
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. The leaderboard makes it easier to find suitable strategy providers with insights into the number of followers, total returns and more. You also only pay a fee on profitable positions.
Social Trading
No	No
Trade Signals
MetaTrader
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
$0	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR CAD	USD
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Nasdaq S&P 500	Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange S&P 500 Taiwan Stock Exchange
Commodities
Gold Natural Gas Oil Silver	Copper Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
Speculate on rising and falling prices using highly leveraged CFDs	CFDs are available on a breath of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account.
Leverage
1:500	1:1000
FTSE Spread
From 0.0 pips	From 0.8 pips (Standard Account)
GBPUSD Spread
From 0.0 pips	From 0.8 pips (Standard Account)
Oil Spread
From 0.0 pips	From 0.8 pips (Standard Account)
Stocks Spread
NA	From 0.8 pips (Standard Account)
Forex Trading
Trade major and minor currency pairs 24/5	Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds through the ECN model and competitive spreads. On the negative side, not all currency pairs are available on MT4.
GBPUSD Spread
From 0.0 pips	From 0.8 pips (Standard Account)
EURUSD Spread
From 0.0 pips	From 0.8 pips (Standard Account)
EURGBP Spread
From 0.0 pips	From 0.8 pips (Standard Account)
Assets
62	90+
Cryptocurrency
Trade leading cryptos against the US Dollar	Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. High leverage up to 1:20 on cryptos is available, plus support for Expert Advisors and copy trading.
Spread
From 0.0 pips	From 0.8 pips (Standard Account)
Coins
BTC ETH LTC	BTC BCH ETH LTC XRP BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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