TD Ameritrade vs Khwezi Trade

TD Ameritrade vs Khwezi Trade Comparison Table 2024
TD Ameritrade	Khwezi Trade
Review 4	Review 4

TD Ameritrade is a leading discount brokerage offering a vast range of instruments including forex, stocks, futures, options and crypto. The company has nearly 40 years of experience and authorization from the SEC, FINRA and CFTC. Trading takes place via its well-known thinkorswim platform, which offers sophisticated tools and features including stock screeners and calculators.	Khwezi Trade is a South African, FCSA-regulated brokerage that offers CFD trading with up to 1:400 leverage through the MT5 platform. The broker's asset list is not extensive, but does include a decent range of forex pairs and some stock indices. The free demo account and low minimum deposit make it easy and risk-free to try out. The broker also offers good welcome and other bonuses for traders who sign up.
Bonus Offer
	60% deposit welcome bonus
Comment by Reviewer
"Traders who want access to a huge range of stocks from a reputable broker with low fees should consider TD Ameritrade. On the downside, we miss access to the familiar MetaTrader 4 software."	"Khwezi Trade is best for South African traders looking for low-deposit and high-leverage CFDs on forex and popular financial assets."
Pros
Advanced order types, including OCO and brackets Automated trading capabilities, including robo-advisors Several trading platforms including proprietary award-winning software TD Ameritrade provides rich in-depth research and educational resources Extended 24/7 trading hours allow for international access to the markets The broker facilitates automatic syncing between desktop and mobile trading platforms There is access to over 350 technical studies, 20 drawing tools and 8 Fibonacci tools Active chat rooms to share ideas and communicate with thousands of experienced traders The Economic Data tool allows access to a range of data about the health of global economies Management Services and Essential Portfolios. Reviews of which show high levels of customer satisfaction Portfolio margin gives some users increased leverage by basing margin requirements on total portfolio risk	CFD trading with up to 1:400 leverage Supports the popular MT5 platform Decent range of 40 forex pairs including majors Account balance in South African Rand will suit local traders Free technical analysis tools Generous welcome bonuses
Cons
CFD trading not available No MT4 or MT5 integration Fractional shares are not offered No direct cryptocurrency trading Broker-assisted trade commissions are around $25 Stringent margin maintenance requirements and high fees New traders may be overwhelmed by the vast amount of information and tools available	Limited asset list with no company shares Weak selection of extra educational content Poor website with little information on trading terms
Awards
Best Broker for Beginners 2022 - Investopedia Best Online Broker Awards Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review	Best FX Broker Africa 2020 & 2021 - Trade Forex Best Broker South Africa 2019 & 2020 - Global Brands Magazine
Instruments
Forex, Stocks, ETFs, Cryptos, Futures, Options, Commodities, Bonds	Forex, CFDs, indices, commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	R500
Trading Platforms
eSignal AutoChartist	MT5
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque TransferWise Wire Transfer	Credit Card Debit Card Mastercard Visa
Minimum Trade
$0	0.01 Lots
Regulator
SEC, FINRA, CFTC	FSCA
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
App Review
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.
Auto Trading
Yes - Auto trading available via bots	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes - Flexi Analysis and Dynamic Outcomes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	No
Account Currencies
USD	ZAR
Stock Exchanges
Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange (ASX) Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	Khwezi Trade offers CFDs on 40 currencies as well as a few commodities and 11 stock indices. Commodities include gold, silver and crude oil, and the stock indices include the popular Dow Jones. These are traded using the powerful MT5 platform with high leverage, no commission and variable spreads.
Leverage
	1:400
FTSE Spread
	200
GBPUSD Spread
	16
Oil Spread
	20
Stocks Spread
	Variable
Forex Trading
Trade 70+ forex pairs including majors, minors or exotics via the desktop, mobile or webtrader app with no commission and 1:2 leverage. The choice of currencies is wider than most forex brokers.	Khwezi Trade offers 40 forex pairs, traded through CFDs with up to 1:400 leverage, no commission and fees charged through the spread. Spreads start from 0.4, but these vary by asset and are subject to change with market conditions.
Forex App
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.
GBPUSD Spread
Variable	16
EURUSD Spread
Variable	10
EURGBP Spread
Variable	25
Assets
75+	39
Cryptocurrency
Gain exposure to cryptocurrency markets through OTC crypto trusts, mutual funds and ETFs and Bitcoin futures. This offers portfolio diversification opportunities and trading vehicles beyond standard crypto CFDs.	Crypto trading not offered
Spread
Commission fees apply
Coins
BTC ETH MBT MET
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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