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