Khwezi Trade vs GO Markets

Khwezi Trade vs GO Markets Comparison Table 2024
Khwezi Trade GO Markets
4
3.9

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.

GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.

Bonus Offer
60% deposit welcome bonus 30% cash rebate
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." "GO Markets is an excellent choice for active traders with access to powerful trading tools and tight spreads from 0.0 pips. Beginners can also take advantage of the broker's copy trading tool, free demo account and education center."
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
  • Rebates on FX and metals for high-volume traders
  • No inactivity fee
  • Copy trading service
  • High leverage up to 1:500
  • No commission with the Standard account
  • 0.01 minimum lot size and zero spreads
  • 24/5 award-winning customer service
  • Trading signals and market insights
  • MetaTrader 4 and MetaTrader 5 platforms
  • Strong regulatory oversight, including CySEC
  • Excellent third-party analysis tools from Autochartist and Trading Central
  • Crypto deposits available in USDT
Cons
  • Limited asset list with no company shares
  • Weak selection of extra educational content
  • Poor website with little information on trading terms
  • Multiple restricted countries including the US
  • Only two account types
  • $200 minimum deposit
Awards
  • Best FX Broker Africa 2020 & 2021 - Trade Forex
  • Best Broker South Africa 2019 & 2020 - Global Brands Magazine
  • No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report
  • No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
Instruments
Forex, CFDs, indices, commodities CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
R500 $200
Trading Platforms
  • MT5
  • MT4
  • MT5
  • AutoChartist
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSCA ASIC, CySEC, FSC of Mauritius
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
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 Yes
Copy Trading
No Yes
Copy Trading Platform
GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools.
Social Trading
No Yes
Trade Signals
Yes - Flexi Analysis and Dynamic Outcomes Yes
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
$0
Islamic Account
No Yes
Account Currencies
  • ZAR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
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. Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets.
Leverage
1:400 1:500
FTSE Spread
200 1 - 2.3 points
GBPUSD Spread
16 0.0 - 1.5 pips
Oil Spread
20 Variable
Stocks Spread
Variable Variable
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. Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes.
GBPUSD Spread
16 0.0 - 1.5 pips
EURUSD Spread
10 0.0 - 1.2 pips
EURGBP Spread
25 0 - 1.4 pips
Assets
39 50+
Cryptocurrency
Crypto trading not offered Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Khwezi Trade
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