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WINNER
Kwakol Markets is the better broker
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|
4
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2.4
Kwakol Markets is #13 in our broker rankings.
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 Traders from US not accepted |
Traders from US accepted |
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ThinkMarkets is a multi-regulated forex and CFD broker
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Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
|
| 71.89% of retail investor accounts lose money when trading CFDs with this provider. |
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| Pros |
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- Demo account
- Copy trading
- MT4 integration
- Full range of investments
|
| Awards |
- Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
- Best Value Broker in Asia at the 2020 - Global Forex Awards
- Best Forex Trading Experience 2017 - UK Forex Awards
- Best Forex Trading Innovation 2017 - UK Forex Awards
- Best Customer Service 2013 - UK Forex Awards
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- Best Broker Africa 2022 - UF Awards
- Most Trusted Broker Nigeria 2022 - UF Awards
- Best Emerging Broker 2022 - - UF Awards
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| Instruments |
| Forex, CFDs, ETFs, Futures, Shares, Commodities, Cryptocurrencies, Spread Betting (UK Only) |
CFDs, Stocks, Indices, Commodities, Forex, Cryptos |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $0 |
$1 |
| Payment Methods |
|
|
| Minimum Trade |
| 0.01 lots |
0.01 Lots |
| Regulator |
| FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles |
ASIC, FINTRAC |
| Margin Trading |
| No |
Yes |
| MetaTrader 4 |
| Yes |
Yes |
| MetaTrader 5 |
| Yes |
Yes |
| cTrader |
| No |
No |
| AlgoTrader |
| No |
No |
| OmniTrader |
| No |
No |
| TradingView |
| No |
No |
| Autochartist |
| Yes |
Yes |
| eSignal |
| No |
No |
| Trading Central |
| Yes |
No |
| STP Account |
| Yes |
Yes |
| ECN Account |
| No |
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 |
| Yes |
Yes |
| Market Maker |
| No |
No |
| P2P Trading |
| No |
No |
| Spot Trading |
| No |
No |
| Mobile Apps |
| Yes |
iOS & Android |
| Auto Trading |
| Yes - EAs compatible |
EAs |
| Copy Trading |
| Yes |
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 |
| Yes |
No |
| Trade Signals |
| No |
|
| VPS Hosting |
| Yes |
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 |
|
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| Commodities |
|
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| CFD Trading |
| CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency |
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts. |
| Leverage |
| 1:500 |
1:1000 |
| FTSE Spread |
| 0.7 |
From 0.8 pips (Standard Account) |
| GBPUSD Spread< |
| 0.4 |
From 0.8 pips (Standard Account) |
| Oil Spread |
| 0.03 |
From 0.8 pips (Standard Account) |
| Stocks Spread |
| From 0.4 |
From 0.8 pips (Standard Account) |
| Forex Trading |
| Trading available on 46 major, minor, and exotic currency pairs |
Trade forex with ECN executions and tight spreads. |
| GBPUSD Spread |
| 0.3 (ThinkZero) Variable |
From 0.8 pips (Standard Account) |
| EURUSD Spread |
| 0.0 (ThinkZero) Variable |
From 0.8 pips (Standard Account) |
| EURGBP Spread |
| 0.0 (ThinkZero) Variable |
From 0.8 pips (Standard Account) |
| Assets |
| 46 |
100 |
| Cryptocurrency |
| Trading on popular 20+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10 |
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. |
| Spread |
| BTC 25, ETH 6 (Variable) |
From 0.8 pips (Standard Account) |
| Coins |
- BCH
- LTC
- XMR
- DOGE
- XLM
- BTC
- ETH
- XRP
|
|
| Crypto Lending |
| No |
No |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
No |
| Auto Market Maker |
| No |
No |
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| 71.89% of retail investor accounts lose money when trading CFDs with this provider. |
|
| More Comparisons |
ThinkMarkets
vs
|
Kwakol Markets
vs
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