MTrading vs Kwakol Markets

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

Kwakol Markets is #13 in our broker rankings.

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

MTrading offers 100+ assets for investing across desktop & mobile trading platforms.

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
  • Change Africa Summit Award 2019
  • FiNEXPO Best Broker 2019 & 2018
  • Best Forex Rebate Provider 2016
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
200% deposit bonus with MPremium
Instruments
Forex, CFDs, indices, commodities CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
ASIC, FINTRAC
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (APIs) EAs
Copy Trading
Yes Yes
Copy Trading Platform
Investors at MTrading can subscribe to signals from other traders using a detailed rating system full and account management. Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
Yes 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
No Yes
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
Start investing in forex, stocks and commodities with competitive spreads. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:25 1:1000
FTSE Spread
0.8 From 0.8 pips (Standard Account)
GBPUSD Spread<
1.7 From 0.8 pips (Standard Account)
Oil Spread
9.0 From 0.8 pips (Standard Account)
Stocks Spread
Variable From 0.8 pips (Standard Account)
Forex Trading
Trade dozens of online currencies with a range of MT4 trading tools. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
1.7 From 0.8 pips (Standard Account)
EURUSD Spread
1.2 From 0.8 pips (Standard Account)
EURGBP Spread
1.7 From 0.8 pips (Standard Account)
Assets
60+ 100
Cryptocurrency
Crypto trading not offered Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
From 0.8 pips (Standard Account)
Coins
  • 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
MTrading
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Kwakol Markets
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