NinjaTrader vs Kwakol Markets

NinjaTrader vs Kwakol Markets Comparison Table 2023
NinjaTrader Review 2023	Kwakol Markets Review 2023
Review 4.5 NinjaTrader is #3 in our broker rankings.	Review 4.5 Kwakol Markets is #1 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.	Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
Comment by Reviewer
"We recommend NinjaTrader for high-volume futures traders looking for low fees and premium analysis tools."	"Kwakol Markets is a good option for newer traders with a dedicated learning academy, copy trading and a choice of reliable platforms. New clients can also sign up and start trading in four straightforward steps."
Pros
Excellent trading software for active users with bespoke widgets and indicators Low fees with $50 day trading margins & commissions from $.09 per micro contract Thousands of add-ons and applications from developers in 150+ countries Widely respected and heavily authorized by the NFA and CFTC Free platform access and trade simulation capabilities Industry-leading futures broker with multiple awards Easy account opening that takes a few minutes	Full range of investments with 1000+ assets including cryptos Wide range of free learning resources such as an eBook Account manager and client support functions MetaTrader 4 and MetaTrader 5 integration Excellent market analysis tools Easy account opening process High leverage up to 1:500 Demo account available 2FA login security 0.01 Lot trading
Cons
Withdrawal fee on some funding methods Premium platform tools come with an extra charge Non forex and futures trading requires signing up with partner brokers	Regional restrictions in certain countries Lack of deposit and withdrawal methods High deposits for premium features The only base currency is USD
Awards
2021 Benzinga Global Fintech Awards	Best Broker Africa 2022 - UF Awards Most Trusted Broker Nigeria 2022 - UF Awards Best Emerging Broker 2022 - - UF Awards
Instruments
Forex, Stocks, Options, Commodities, Futures, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$50	$1
Trading Platforms
eSignal	MT4 MT5 AutoChartist
Payment Methods
ACH Transfer Debit Card Wire Transfer	Bitcoin Payments Credit Card Debit Card Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
NFA, CFTC	ASIC, FINTRAC
Margin Trading
Yes	Yes
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
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. The leaderboard makes it easier to find suitable strategy providers with insights into the number of followers, total returns and more. You also only pay a fee on profitable positions.
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
$25	$10
Islamic Account
No	Yes
Account Currencies
USD	USD
Stock Exchanges
Chicago Mercantile Exchange New York Stock Exchange	Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange S&P 500 Taiwan Stock Exchange
Commodities
Oil	Copper Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
CFD trading not offered	CFDs are available on a breath of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account.
Leverage
1:50	1:1000
FTSE Spread
	From 0.8 pips (Standard Account)
GBPUSD Spread
	From 0.8 pips (Standard Account)
Oil Spread
	From 0.8 pips (Standard Account)
Stocks Spread
	From 0.8 pips (Standard Account)
Forex Trading
NinjaTrader supports the trading of popular currencies including the EUR/USD. The trading software also offers unique features tailored to forex trading, including specific order and market windows.	Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds through the ECN model and competitive spreads. On the negative side, not all currency pairs are available on MT4.
GBPUSD Spread
1.6	From 0.8 pips (Standard Account)
EURUSD Spread
1.3	From 0.8 pips (Standard Account)
EURGBP Spread
1.6	From 0.8 pips (Standard Account)
Assets
50+	90+
Cryptocurrency
Trade micro Bitcoin futures with low fees and leading charting tools. Get exposure to Bitcoin through CME Group's centralized exchange with robust risk management tools.	Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. High leverage up to 1:20 on cryptos is available, plus support for Expert Advisors and copy trading.
Spread
Floating	From 0.8 pips (Standard Account)
Coins
BTC	BTC BCH ETH LTC XRP BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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