JustMarkets vs Kwakol Markets
| JustMarkets | Kwakol Markets |
|---|---|
3.9
|
0.8
Kwakol have recently frozen a large number of accounts with little or no reason given to clients. This has included removing the ability to make withdrawals. We cannot advise joining Kwakol at this time.
|
|
JustMarkets is a multi-asset broker with both CySEC-regulated and offshore branches. Offering ultra-low spreads, copy-trading services, 170+ tradeable instruments and MetaTrader support, JustMarkets has a lot to offer both beginner and experienced traders. |
Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of day trading assets 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 | |
| $30 No Deposit Bonus | |
| Comment by Reviewer | |
| "With some of the most affordable pricing in the game and access to the powerful MT4 and MT5 platforms, JustMarkets is a good choice for any investor." | "Kwakol Markets is a good option for newer traders with a dedicated learning academy, copy trading and a choice of reliable charting platforms. New clients can also sign up and start trading in four straightforward steps." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC, FSA, VFSC | ASIC, FINTRAC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | 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 | |
| No | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| JustMarkets offers copy trading services directly through the Investor Wallet. Copy leading traders and benefit from their success with reasonable fees and real-time tracking capabilities. | Kwakol Invest continues to offer 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, making the service more affordable than some competitors. |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| Yes | Yes |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $5 | $10 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| JustMarkets traders can access CFDs on 170+ instruments including forex, stocks, indices and commodities with ultra-tight spreads, very high leverage up to 1:3000 from the offshore entity, and no commission fees. | CFDs are available on a breadth 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 | |
| 1:3000 | 1:1000 |
| FTSE Spread | |
| 1 - 2.5 | 0.8 |
| GBPUSD Spread | |
| 0 - 1.0 | 0.8 |
| Oil Spread | |
| 2.0 | 0.8 |
| Stocks Spread | |
| Variable | 0.8 |
| Forex Trading | |
| JustMarkets offers a good selection of 65+ forex pairs, which can be traded through the MT4 and MT5 platforms. High leverage is available from the offshore branch, and the broker also offers very tight spreads starting from 0.1 with no commission on the Pro account. | Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds and competitive spreads through the ECN model. On the negative side, not all currency pairs are available on MT4. |
| GBPUSD Spread | |
| 0 - 1.0 | 0.8 |
| EURUSD Spread | |
| 0 - 1.0 | 0.8 |
| EURGBP Spread | |
| 1 - 2.5 | 0.8 |
| Assets | |
| 65+ | 90+ |
| Cryptocurrency | |
| JustMarkets offers popular digital currencies with low spreads. The crypto market can be analyzed using leading software and a suite of advanced charts and technical analysis tools. | You can trade cryptos against cryptos, fiat currencies, and even metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. Additionally, with high leverage up to 1:20, Kwakol Markets is a top choice for crypto day traders. |
| Spread | |
| Floating from zero (Raw ECN) | From 0.8 pips (Standard Account) |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
JustMarkets vs |
Kwakol Markets vs |