|
|
WINNER
Kwakol Markets is the better broker
|
|
Not Yet Rated
 Traders from US not accepted |
2.4
Traders from US accepted |
|
ITradeFX offers online trading with competitive fees, but is the broker safe? |
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 Broker Africa 2022 - UF Awards
- Most Trusted Broker Nigeria 2022 - UF Awards
- Best Emerging Broker 2022 - - UF Awards
|
| Instruments |
| Forex, stocks, indices, commodities, cryptocurrencies |
CFDs, Stocks, Indices, Commodities, Forex, Cryptos |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $0 |
$1 |
| Payment Methods |
|
|
| Minimum Trade |
| 0.01 lots |
0.01 Lots |
| Regulator |
|
ASIC, FINTRAC |
| Margin Trading |
| No |
Yes |
| MetaTrader 4 |
| No |
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 |
| No |
iOS & Android |
| Auto Trading |
|
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 |
| 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 |
| No |
Yes |
| Account Currencies |
|
|
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading |
| Trade on the financial markets with easy access CFDs. |
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. |
| Leverage |
|
1:1000 |
| FTSE Spread |
| 1.1 |
From 0.8 pips (Standard Account) |
| GBPUSD Spread< |
| 1 |
From 0.8 pips (Standard Account) |
| Oil Spread |
| Floating |
From 0.8 pips (Standard Account) |
| Stocks Spread |
| Variable |
From 0.8 pips (Standard Account) |
| Forex Trading |
| Trade major and minor online currencies at ITradeFX. |
Trade forex with ECN executions and tight spreads. |
| GBPUSD Spread |
| 1 |
From 0.8 pips (Standard Account) |
| EURUSD Spread |
| 1 |
From 0.8 pips (Standard Account) |
| EURGBP Spread |
| 1.4 |
From 0.8 pips (Standard Account) |
| Assets |
| 23 |
100 |
| Cryptocurrency |
| A huge range of popular and emerging cryptos are available at iTradeFX. |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. |
| Spread |
| Floating |
From 0.8 pips (Standard Account) |
| Coins |
- ADA
- ARK
- BCH
- BNB
- BNT
- BTC
- DASH
- EOS
- ETC
- ETH
- FUN
- GAS
- IOTA
- KMD
- LTC
- NEO
- POWR
- QSP
- STR
- TRX
- XLM
- XMR
- RXP
- RTZ
- XVG
- YCC
- YFI
- ZEC
- ZRX
- LEND
- REP
|
|
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
No |
| Auto Market Maker |
| No |
No |
|
|
|
|
| More Comparisons |
ITradeFX
vs
|
Kwakol Markets
vs
|
