|
3.3
N1CM is #12 in our CFD broker rankings.
|
2.4
Kwakol Markets is #5 in our CFD broker rankings.
|
 Traders from US accepted |
Traders from US accepted |
|
Number One Capital Markets, or N1CM, is a leveraged CFD broker with tier-one liquidity providers and 211 ms execution speeds.
|
Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
|
| Pros |
- Demo account
- MT4 integration
- Low minimum deposit
- Full range of investments
|
- Demo account
- Copy trading
- MT4 integration
- Full range of investments
|
| Cons |
- Weak regulatory oversight
|
|
| Awards |
- Best Forex & CFD Trading Platform 2022
- Best Customer Service 2021
- Best Forex & CFD Trading Platform 2021
- Best Forex & CFD Trading Platform 2020
- Best Forex Execution 2020
- Best Customer Service 2020
|
- Best Broker Africa 2022 - UF Awards
- Most Trusted Broker Nigeria 2022 - UF Awards
- Best Emerging Broker 2022 - - UF Awards
|
| Bonus |
| 35% Welcome Deposit Bonus |
|
| Instruments |
| Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals |
CFDs, Stocks, Indices, Commodities, Forex, Cryptos |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $5 |
$1 |
| Payment Methods |
|
|
| Minimum Trade |
| 0.01 Lots |
0.01 Lots |
| Regulator |
| VFSC |
ASIC, FINTRAC |
| 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 |
| No |
Yes |
| eSignal |
| No |
No |
| Trading Central |
| No |
No |
| STP Account |
| No |
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 |
Yes |
| Market Maker |
| No |
No |
| P2P Trading |
| No |
No |
| Spot Trading |
| No |
No |
| Mobile Apps |
| iOS & Android |
iOS & Android |
| Auto Trading |
| EAs |
EAs |
| Copy Trading |
| Yes |
Yes |
| Copy Trading Platform |
| Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms. |
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 |
| MT4 & MT5 |
|
| 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 |
|
|
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading |
| Trade CFDs with low fees and 1:1000 flexible leverage. |
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. |
| Leverage |
| 1:1000 |
1:1000 |
| FTSE Spread |
| From 0.5 pips |
From 0.8 pips (Standard Account) |
| GBPUSD Spread< |
| From 0.5 pips |
From 0.8 pips (Standard Account) |
| Oil Spread |
| From 0.5 pips |
From 0.8 pips (Standard Account) |
| Stocks Spread |
| From 0.5 pips |
From 0.8 pips (Standard Account) |
| Forex Trading |
| Major and minor currency pairs with low spreads on the MT4 and MT5 platforms. |
Trade forex with ECN executions and tight spreads. |
| GBPUSD Spread |
| 1.1 average |
From 0.8 pips (Standard Account) |
| EURUSD Spread |
| 0.9 average |
From 0.8 pips (Standard Account) |
| EURGBP Spread |
| 1.1 average |
From 0.8 pips (Standard Account) |
| Assets |
| 50+ |
100 |
| Cryptocurrency |
| Trade a handful of cryptos against the USD with no commissions. |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. |
| Spread |
| Variable |
From 0.8 pips (Standard Account) |
| Coins |
|
|
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
No |
| Auto Market Maker |
| No |
No |
|
|
|
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| More Comparisons |
N1CM
vs
|
Kwakol Markets
vs
|
