TeraFX vs Kwakol Markets

TeraFX vs Kwakol Markets Comparison Table 2023
TeraFX Kwakol Markets
WINNER
Kwakol Markets is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
2.4
United States Flag Traders from US accepted
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. 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 Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FCA ASIC, FINTRAC
Margin Trading
No 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
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
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes 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
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with leverage across multiple asset classes. Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 Retail, 1:200 Professional 1:1000
FTSE Spread
Floating From 0.8 pips (Standard Account)
GBPUSD Spread<
Floating From 0.8 pips (Standard Account)
Oil Spread
Floating From 0.8 pips (Standard Account)
Stocks Spread
N/A From 0.8 pips (Standard Account)
Forex Trading
Trade 50+ forex pairs with 1:30 leverage. Trade forex with ECN executions and tight spreads.
GBPUSD Spread
Floating From 0.8 pips (Standard Account)
EURUSD Spread
Floating From 0.8 pips (Standard Account)
EURGBP Spread
Floating From 0.8 pips (Standard Account)
Assets
59 100
Cryptocurrency
Crypto trading not offered Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
Trade top crypto pairs on MT4. From 0.8 pips (Standard Account)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
TeraFX
vs
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