LegacyFX vs Kwakol Markets

LegacyFX vs Kwakol Markets Comparison Table 2023
LegacyFX	Kwakol Markets
	WINNER Kwakol Markets is the better broker
Review Not Yet Rated	Review 2.4 Kwakol Markets is #5 in our CFD broker rankings.
Traders from US not accepted	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
Bitcoin Payments Giropay iDeal Klarna Mastercard Neteller PayRedeem Perfect Money Skrill Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Wire Transfer
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
CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group London Stock Exchange Nasdaq	Dow Jones Nasdaq S&P 500
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Palladium Silver Sugar Wheat Zinc	Copper Gold Natural Gas Oil Palladium Platinum Silver
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

Review	Review
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