LegacyFX vs Kwakol Markets

LegacyFX vs Kwakol Markets Comparison Table 2023
LegacyFX Kwakol Markets
WINNER
Kwakol Markets is the better broker
Not Yet Rated
2.4

Kwakol Markets is #5 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

LegacyFX is a multi-asset broker offering an MT5 download & free signals.

Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.

Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Promotions

Reverse Losing Trades With LegacyFX Safe Mode

Earn Rewards When You Trade With The LegacyFX Loyalty Program

Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$500 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC, FCA, VFSC, NBRB ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes Yes
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
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
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5 EAs
Copy Trading
No Yes
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
Yes
VPS Hosting
No No
Tournaments
No Yes
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
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs in a range of financial markets. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:200 1:1000
FTSE Spread
From 1.0 From 0.8 pips (Standard Account)
GBPUSD Spread<
From 0.5 From 0.8 pips (Standard Account)
Oil Spread
From 0.05 From 0.8 pips (Standard Account)
Stocks Spread
From 0.02 From 0.8 pips (Standard Account)
Forex Trading
Trade FX pairs with tight spreads & leverage. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
From 0.5 From 0.8 pips (Standard Account)
EURUSD Spread
From 0.6 From 0.8 pips (Standard Account)
EURGBP Spread
From 0.5 From 0.8 pips (Standard Account)
Assets
40+ 100
Cryptocurrency
Go long or short on popular cryptos against the USD and EUR Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
Variable From 0.8 pips (Standard Account)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
LegacyFX
vs
Kwakol Markets
vs