Khwezi Trade vs AdroFX
Khwezi Trade Review 2023 | AdroFX Review 2023 |
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4
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3.9
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Khwezi Trade is a South African, FCSA-regulated brokerage that offers CFD trading with up to 1:400 leverage through the MT5 platform. The broker's asset list is not extensive, but does include a decent range of forex pairs and some stock indices. The free demo account and low minimum deposit make it easy and risk-free to try out. The broker also offers good welcome and other bonuses for traders who sign up. |
AdroFX is an online forex and CFD broker with a beginner-friendly copy trading platform, zero commissions and tight spreads. The mix of fiat and crypto deposit options will appeal to global traders while the choice of 8 accounts will suit different trading strategies and styles. Traders also benefit from 11.07 millisecond execution times with minimal slippage. |
Bonus Offer | |
60% deposit welcome bonus | 100% deposit bonus |
Comment by Reviewer | |
"Khwezi Trade is best for South African traders looking for low-deposit and high-leverage CFDs on forex and popular financial assets." | "AdroFX is ideal for new traders with easy-to-use Allpips and MetaTrader 4 platforms, a range of accessible accounts, plus a highly rated news blog." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, commodities | Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
R500 | $25 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.0001 Lots |
Regulator | |
FSCA | FSA, BSSLA, VFSC |
Margin Trading | |
Yes | Yes |
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 | |
Yes | Yes |
Mobile Apps | |
Yes | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Use the Allpips platform to copy the trades of successful investors. Thousands of traders have joined the social trading community and new users can get started with a $100 deposit. | |
Social Trading | |
No | Yes |
Trade Signals | |
Yes - Flexi Analysis and Dynamic Outcomes | Yes - Smart Signals |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Khwezi Trade offers CFDs on 40 currencies as well as a few commodities and 11 stock indices. Commodities include gold, silver and crude oil, and the stock indices include the popular Dow Jones. These are traded using the powerful MT5 platform with high leverage, no commission and variable spreads. | AdroFX offers a good suite of CFDs on stocks, cryptos, indices and commodities, with high leverage up to 1:500. CFD trading is done through the reliable MT4 platform, while a separate Allpips platform is available for copy trading. |
Leverage | |
1:400 | 1:500 |
FTSE Spread | |
200 | From 9.0 |
GBPUSD Spread | |
16 | From 0.5 |
Oil Spread | |
20 | N/A |
Stocks Spread | |
Variable | From 3.0 |
Forex Trading | |
Khwezi Trade offers 40 forex pairs, traded through CFDs with up to 1:400 leverage, no commission and fees charged through the spread. Spreads start from 0.4, but these vary by asset and are subject to change with market conditions. | AdroFX has a good forex offering of more than 60 pairs, which can be traded with up to 1:500 leverage via the MT4 platform or copy-traded with Allpips. The broker also offers very tight spreads starting from 0.4 pips and charges no commission. |
GBPUSD Spread | |
16 | From 0.5 |
EURUSD Spread | |
10 | From 0.4 |
EURGBP Spread | |
25 | From 1.5 |
Assets | |
39 | 60+ |
Cryptocurrency | |
Crypto trading not offered | AdroFX traders can access a narrow range of four crypto CFDs. This broker does not work as an exchange or wallet, meaning that only derivatives trading and not ownership of crypto assets is available. |
Spread | |
From 3.0 | |
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 | |
Khwezi Trade vs |
AdroFX vs |