HYCM vs Kwakol Markets

HYCM vs Kwakol Markets Comparison Table 2023
HYCM Kwakol Markets
WINNER
Kwakol Markets is the better broker
3.8
United States Flag Traders from US not accepted
2.4
United States Flag Traders from US accepted
Trade on the financial markets with low cost, leveraged products at HYCM. Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany
  • Best Trading Platform App 2021 - Forex Expo
  • Best Mobile Trading App 2020 - World of Finance Forex Award
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
10% deposit bonus up to $5,000
Instruments
Forex, CFDs, Commodities, Shares, Indices, ETFs CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FCA, DFSA, CIMA, CySEC ASIC, FINTRAC
Margin Trading
Yes Yes
Margin Rate
Variable upon regulation and jurisdiction
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
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
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
Copy the positions of experienced and profitable traders at HYCM with straightforward risk management tools. Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
No No
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
  • EUR
  • GBP
  • RUB
  • AED
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade on a range of leveraged CFD products at HYCM. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 EU, 1:500 Global 1:1000
FTSE Spread
From 1.5 + $4 per round From 0.8 pips (Standard Account)
GBPUSD Spread<
From 0.1 + $4 per round From 0.8 pips (Standard Account)
Oil Spread
From 2 pips From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Trade on the FX market with flexible leverage and dynamic market spreads. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
From 0.4 + $4 per round From 0.8 pips (Standard Account)
EURUSD Spread
From 0.1 + $4 per round From 0.8 pips (Standard Account)
EURGBP Spread
From 0.4 + $4 per round From 0.8 pips (Standard Account)
Assets
40+ 100
Cryptocurrency
Trade the BTC/USD with 1:5 leverage Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
Variable From 0.8 pips (Standard Account)
Coins
  • BTC
  • 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
HYCM
vs
Kwakol Markets
vs