OANDA vs Kwakol Markets

OANDA vs Kwakol Markets Comparison Table 2023
OANDA Kwakol Markets
4.5

OANDA is #1 in our broker rankings.

2.4

Kwakol Markets is #5 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus

Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best US Broker 2023 - DayTrading.com
  • Best Trading Tools winner
  • (Online Personal Wealth Awards 2021)
  • Awarded highest overall client satisfaction
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Awarded highest client satisfaction for mobile platform/app
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Voted Most Popular Broker 2021
  • (TradingView Broker Awards)
  • Voted Best Forex and CFD Broker 2021
  • (TradingView Broker Awards)
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Bonus
$5,000 welcome bonus with a deposit of $500
Instruments
Forex CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $1
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$0 0.01 Lots
Regulator
CFTC, NFA ASIC, FINTRAC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes Yes
eSignal
No No
Trading Central
No No
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
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
FxTrade, MT4 iOS & Android
Auto Trading
EAs EAs
Copy Trading
No Yes
Copy Trading Platform
Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
No No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 EU, 1:200 Global 1:1000
FTSE Spread
1.0 From 0.8 pips (Standard Account)
GBPUSD Spread<
3.4 From 0.8 pips (Standard Account)
Oil Spread
3.0 From 0.8 pips (Standard Account)
Stocks Spread
Not offered From 0.8 pips (Standard Account)
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions. Trade forex with ECN executions and tight spreads.
Forex App

The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.

GBPUSD Spread
3.4 From 0.8 pips (Standard Account)
EURUSD Spread
1.6 From 0.8 pips (Standard Account)
EURGBP Spread
1.7 From 0.8 pips (Standard Account)
Assets
70 100
Cryptocurrency
Speculate on the world's biggest cryptos by market cap Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
$100 From 0.8 pips (Standard Account)
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • PAXG
  • LINK
  • MATIC
  • UNI
  • AAVE
  • SOL
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
More Comparisons
OANDA
vs
Kwakol Markets
vs