Kwakol Markets vs Forex.com

Kwakol Markets vs Forex.com Comparison Table 2023
Kwakol Markets Forex.com
WINNER
Forex.com is the better broker
2.4
United States Flag Traders from US accepted
4.5
United States Flag Traders from US accepted
Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading. Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
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
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
No
Instruments
CFDs, Stocks, Indices, Commodities, Forex, Cryptos Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1 $100
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
ASIC, FINTRAC CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes Yes
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
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
EAs Automated trading supported through platforms (MT4)
Copy Trading
Yes No
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
Trade Signals
SMART Signals
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. Go long and short on a range of popular financial markets
Leverage
1:1000 1:200
FTSE Spread
From 0.8 pips (Standard Account) 1 pt
GBPUSD Spread<
From 0.8 pips (Standard Account) 1.0 Var
Oil Spread
From 0.8 pips (Standard Account) 0.04 Var
Stocks Spread
From 0.8 pips (Standard Account) 0.1% (Min Commission Applies)
Forex Trading
Trade forex with ECN executions and tight spreads. Forex.com are a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry.
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread
From 0.8 pips (Standard Account) 1.0 Var
EURUSD Spread
From 0.8 pips (Standard Account) 0.8 Var
EURGBP Spread
From 0.8 pips (Standard Account) 0.8 Var
Assets
100 80+
Cryptocurrency
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US or Canada.
Spread
From 0.8 pips (Standard Account) BTC 1.4%, ETH 2%
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Kwakol Markets
vs
Forex.com
vs