Khwezi Trade vs AdroFX

Khwezi Trade vs AdroFX Comparison Table 2023
Khwezi Trade Review 2023	AdroFX Review 2023
Review 4	Review 3.9
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
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
CFD trading with up to 1:400 leverage Supports the popular MT5 platform Decent range of 40 forex pairs including majors Account balance in South African Rand will suit local traders Free technical analysis tools Generous welcome bonuses	Allpips copy trading platform suitable for new traders Low minimum deposit with multiple global funding methods A demo account plus free education through videos and ebooks Full range of instruments including CFDs with leverage up to 1:500 MetaTrader 4 integration with desktop and mobile trading functionality
Cons
Limited asset list with no company shares Weak selection of extra educational content Poor website with little information on trading terms	Weak regulatory oversight compared to alternatives Withdrawal charges on several payment options
Awards
Best FX Broker Africa 2020 & 2021 - Trade Forex Best Broker South Africa 2019 & 2020 - Global Brands Magazine	Best STP/ECN Broker Most Innovative Broker Fastest Growing Forex Broker Europe
Instruments
Forex, CFDs, indices, commodities	Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
R500	$25
Trading Platforms
MT5	MT4
Payment Methods
Credit Card Debit Card Mastercard Visa	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller PayRedeem Perfect Money Skrill Sticpay Visa Wire Transfer
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
ZAR	USD EUR GBP
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq	CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Japan Exchange Group London Stock Exchange Nasdaq
Commodities
Gold Natural Gas Oil Silver	Gold Silver
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
	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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