ThinkMarkets vs Kwakol Markets

ThinkMarkets vs Kwakol Markets Comparison Table 2023
ThinkMarkets Kwakol Markets
WINNER
Kwakol Markets is the better broker
4
2.4

Kwakol Markets is #13 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

ThinkMarkets is a multi-regulated forex and CFD broker

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.
Pros
  • 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
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
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
  • USD
Stock Exchanges
Commodities
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
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
71.89% of retail investor accounts lose money when trading CFDs with this provider.
More Comparisons
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