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WINNER
Kwakol Markets is the better broker
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Not Yet Rated
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2.4
Kwakol Markets is #13 in our broker rankings.
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 Traders from US not accepted |
 Traders from US accepted |
Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
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Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
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Pros |
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- Demo account
- Copy trading
- MT4 integration
- Full range of investments
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Awards |
- Most Transparent Global Broker - Global Forex Awards 2021
- Most Trusted Broker (Africa) - Global Forex Awards 2021
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- Best Broker Africa 2022 - UF Awards
- Most Trusted Broker Nigeria 2022 - UF Awards
- Best Emerging Broker 2022 - - UF Awards
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Instruments |
Forex, CFDs, indices, commodities, stocks, bullion |
CFDs, Stocks, Indices, Commodities, Forex, Cryptos |
Demo Account |
Yes |
Yes |
Minimum Deposit |
$10 |
$1 |
Payment Methods |
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Minimum Trade |
0.01 lots |
0.01 Lots |
Regulator |
FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC |
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 |
No |
Yes |
eSignal |
No |
No |
Trading Central |
Yes |
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 |
Yes |
Yes |
Market Maker |
No |
No |
P2P Trading |
No |
No |
Spot Trading |
Yes |
No |
Mobile Apps |
Yes |
iOS & Android |
Auto Trading |
Yes (EAs) |
EAs |
Copy Trading |
Yes |
Yes |
Copy Trading Platform |
International clients can use the ZuluTrade add-on for copy trading |
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 |
No |
No |
Tournaments |
No |
Yes |
Demo Competitions |
Yes |
No |
Ethical Investing |
No |
No |
Custodial Account |
No |
No |
Guaranteed Stop Loss |
No |
No |
Inactivity Fee |
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$10 |
Islamic Account |
Yes |
Yes |
Account Currencies |
- USD
- EUR
- GBP
- CAD
- AUD
- JPY
- CHF
- PLN
- AED
- NGN
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Stock Exchanges |
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Commodities |
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CFD Trading |
Trade CFDs with leverage across multiple markets. |
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. |
Leverage |
1:500 |
1:1000 |
FTSE Spread |
N/A |
From 0.8 pips (Standard Account) |
GBPUSD Spread< |
0.5 |
From 0.8 pips (Standard Account) |
Oil Spread |
0.05 |
From 0.8 pips (Standard Account) |
Stocks Spread |
Variable |
From 0.8 pips (Standard Account) |
Forex Trading |
Trade currencies with tight spreads on MetaTrader |
Trade forex with ECN executions and tight spreads. |
GBPUSD Spread |
0.5 |
From 0.8 pips (Standard Account) |
EURUSD Spread |
0.2 |
From 0.8 pips (Standard Account) |
EURGBP Spread |
0.7 |
From 0.8 pips (Standard Account) |
Assets |
300 |
100 |
Cryptocurrency |
Trade the five best known cryptos |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. |
Spread |
0.008 - 6.4 pips |
From 0.8 pips (Standard Account) |
Coins |
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Crypto Lending |
No |
No |
Crypto Mining |
No |
No |
Crypto Staking |
No |
No |
Auto Market Maker |
No |
No |
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More Comparisons |
Hantec Markets vs |
Kwakol Markets vs |