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WINNER
Kwakol Markets is the better broker
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3.5
 Traders from US not accepted
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2.4
 Traders from US accepted
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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
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- 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 |
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|
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 |
|
|
Stock Exchanges |
|
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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
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Crypto Lending |
No |
No |
Crypto Mining |
No |
No |
Crypto Staking |
No |
No |
Auto Market Maker |
No |
No |
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More Comparisons |
NordFX vs |
Kwakol Markets vs |