Kwakol Markets vs InstaForex
Kwakol Markets | InstaForex |
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4.5
Kwakol Markets is #2 in our CFD broker rankings. |
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3.4
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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. |
InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. Millions of traders have opened an account with the firm which offers a suite of active trading and investment opportunities. |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
Bonus Offer | |
$3500 No Deposit Bonus, Club Bonus, Bonus 30%, Bonus 55%, and Bonus 100% | |
Promotions | |
Comment by Reviewer | |
"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." | "InstaForex is a good choice for currency traders familiar with the MT4 and MT5 platforms. The broker offers more forex pairs than most rivals with tight spreads and a low minimum deposit." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Crypto | Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | $1 |
Trading Platforms | |
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Payment Methods | |
Bank cards, Bitcoin, Litecoin, Tether, Ethereum, Skrill, Neteller, PayCo, AstroPay, WebMoney, plus Local Banking & Transfer Solutions | |
Minimum Trade | |
0.01 Lots | 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) |
Regulator | |
ASIC, FINTRAC | BVI FSC |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | Yes |
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 and Android + browser based platform |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Kwakol Invest offers 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. | |
Social Trading | |
No | No |
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 | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFDs are available on a breath 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. | Trade CFDs across indices, metals and even IPOs with flexible account types and leverage up to 1:1000. You can choose between two excellent platforms with a range of technical indicators and fundamental analysis features. |
Leverage | |
1:1000 | 1:1000 |
FTSE Spread | |
0.8 | Fixed |
GBPUSD Spread | |
0.8 | Av. Floating 0.6 pips |
Oil Spread | |
0.8 | Fixed |
Stocks Spread | |
0.8 | Commissions as low as 0.1% |
Forex Trading | |
Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds through the ECN model and competitive spreads. On the negative side, not all currency pairs are available on MT4. | Go long or short on a range of major and minor currency pairs with tight spreads. Powerful trading software is available with a choice of instant and pending orders. |
GBPUSD Spread | |
0.8 | Av. Floating 0.6 |
EURUSD Spread | |
0.8 | Av. Floating 0.2 |
EURGBP Spread | |
0.8 | Av. Floating 0.5 |
Assets | |
90+ | 1000+ |
Currency Indices | |
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Cryptocurrency | |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. High leverage up to 1:20 on cryptos is available, plus support for Expert Advisors and copy trading. | InstaForex offer crypto CFD trading on leading tokens with very low fees. Investors can speculate on over 50 cryptocurrencies, more than many competitors. |
Spread | |
From 0.8 pips (Standard Account) | 0.1% |
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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All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
More Comparisons | |
Kwakol Markets vs |
InstaForex vs |