Kwakol Markets vs World Forex

Kwakol Markets vs World Forex Comparison Table 2023
Kwakol Markets World Forex
WINNER
World Forex is the better broker
2.4
United States Flag Traders from US accepted
4
United States Flag Traders from US accepted
Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading. World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
  • Demo Account
  • MT4 integration
  • Copy trading
  • Low minimum deposit
  • Full range of investments
  • Multiple payment methods
Cons
  • Weak regulation
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Promotions

World Forex Cashback Club: Earn $25 Per Lot Traded

Bonus
100% Deposit Bonus
Instruments
CFDs, Stocks, Indices, Commodities, Forex, Cryptos Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes Yes
Minimum Deposit
$1 $1
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FINTRAC SVGFSA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes 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
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android + Web Browser
Auto Trading
EAs Yes
Copy Trading
Yes Yes
Copy Trading Platform
Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades. Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
Yes Yes
Demo Competitions
No Yes
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
  • RUB
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. Speculate on 40+ share CFDs with high leverage and low fees.
Leverage
1:1000 1:1000
FTSE Spread
From 0.8 pips (Standard Account) NA
GBPUSD Spread<
From 0.8 pips (Standard Account) NA
Oil Spread
From 0.8 pips (Standard Account) NA
Stocks Spread
From 0.8 pips (Standard Account) From 0.03
Forex Trading
Trade forex with ECN executions and tight spreads. Take positions on a long list of forex pairs with tight spreads and low commissions.
GBPUSD Spread
From 0.8 pips (Standard Account) From 0.6
EURUSD Spread
From 0.8 pips (Standard Account) From 0.6
EURGBP Spread
From 0.8 pips (Standard Account) From 0.6
Assets
100 53
Cryptocurrency
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. Trade on 10 cryptos paired with the USD and EUR. Crypto only pairs are also available.
Spread
From 0.8 pips (Standard Account) 0
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • BTC
  • DSH
  • LTC
  • ETH
  • ZEC
  • XRP
  • BCH
  • XMR
  • EOS
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Trade American and European digital contracts with high payouts up to 100%.
Payout
100%
Expiry Times
1 minute - 7 days
Ladder Options
No No
Boundary Options
No No
More Comparisons
Kwakol Markets
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