NordFX vs Kwakol Markets

NordFX vs Kwakol Markets Comparison Table 2023
NordFX Kwakol Markets
WINNER
Kwakol Markets is the better broker
3.5
United States Flag Traders from US not accepted
2.4
United States Flag Traders from US accepted
NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10. 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 Social Trading Network 2021 - Forex Awards
  • Best Affiliate Program 2021 - Forex Awards
  • Best Customer Support 2021 - Forex Traders Association
  • The Most Transparent Broker 2021 - World Forex Award
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
Pro accounts can participate in the 100,000 USD Super Lottery
Instruments
Forex, CFDs, indices, commodities, cryptos, stocks CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
VFSC ASIC, FINTRAC
Margin Trading
Yes 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
Yes 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Automated trading capabilities via MT4 trading platform EAs
Copy Trading
Yes Yes
Copy Trading Platform
Copy the trades of experienced investors using real-time signals 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 (via MetaQuotes Software Corp - MT4)
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on oil, currencies, indices, and stocks Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:1000 1:1000
FTSE Spread
- From 0.8 pips (Standard Account)
GBPUSD Spread<
From 0.1 From 0.8 pips (Standard Account)
Oil Spread
From 0.0 From 0.8 pips (Standard Account)
Stocks Spread
From 0.0 From 0.8 pips (Standard Account)
Forex Trading
Trade 33 forex pairs with spreads from 0.0 with the 'Zero' account. Prices quoted to 5 decimals places, and leverage up to 1:1000 Trade forex with ECN executions and tight spreads.
GBPUSD Spread
From 0.4 From 0.8 pips (Standard Account)
EURUSD Spread
From 0.0 From 0.8 pips (Standard Account)
EURGBP Spread
From 0.2 From 0.8 pips (Standard Account)
Assets
33 100
Cryptocurrency
NordFX traders can trade 11 cryptos with tight spreads Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
From 1.0 From 0.8 pips (Standard Account)
Coins
  • BTC
  • ETH
  • DSH
  • BAB
  • BSV
  • XRP
  • ZEC
  • EOS
  • ETC
  • LTC
  • OMG
  • 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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