Templer FX vs Kwakol Markets
| Templer FX | Kwakol Markets |
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2
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0.8
Kwakol have recently frozen a large number of accounts with little or no reason given to clients. This has included removing the ability to make withdrawals. We cannot advise joining Kwakol at this time.
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Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders. |
Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of day trading assets are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades. |
| Bonus Offer | |
| $30 No Deposit Welcome Bonus | |
| Comment by Reviewer | |
| "Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners." | "Kwakol Markets is a good option for newer traders with a dedicated learning academy, copy trading and a choice of reliable charting platforms. New clients can also sign up and start trading in four straightforward steps." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, shares, metals, energies, cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FSA | ASIC, FINTRAC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | 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 | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS, Android, Blackberry | iOS & Android |
| Auto Trading | |
| Yes | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Kwakol Invest continues to offer straightforward copy trading, connecting newbies with experienced traders. The leaderboard makes it easier to find suitable strategy providers with insights into the number of followers, total returns and more. You also only pay a fee on profitable positions, making the service more affordable than some competitors. | |
| 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 | |
| No | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions. | CFDs are available on a breadth of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account. |
| Leverage | |
| 1:2000 | 1:1000 |
| FTSE Spread | |
| 1.0 | 0.8 |
| GBPUSD Spread | |
| 0.8 | 0.8 |
| Oil Spread | |
| 2.0 | 0.8 |
| Stocks Spread | |
| Variable | 0.8 |
| Forex Trading | |
| Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers. | Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds and competitive spreads through the ECN model. On the negative side, not all currency pairs are available on MT4. |
| GBPUSD Spread | |
| 0.8 | 0.8 |
| EURUSD Spread | |
| 0.5 | 0.8 |
| EURGBP Spread | |
| 1.1 | 0.8 |
| Assets | |
| 32 | 90+ |
| Cryptocurrency | |
| Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC. | You can trade cryptos against cryptos, fiat currencies, and even metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. Additionally, with high leverage up to 1:20, Kwakol Markets is a top choice for crypto day traders. |
| Spread | |
| Floating | From 0.8 pips (Standard Account) |
| Coins | |
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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 | |
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Templer FX vs |
Kwakol Markets vs |