Kwakol offers a wide range of account types, all designed to suit a diverse range of trading styles.
There are six main types of accounts on our platform at the moment: Standard, Professional, No-Swap(Islamic), Gold, Platinum, Diamond, Premium and VIP Accounts. Each account type offers its own set of conditions for commission, margin call, and leverage among many others.
Standard account is ideal for traders looking for a traditional trading experience. The Standard account offers ultra-competitive spreads without any commissions.
At Kwakol, you are free to select the amount of leverage you want (up to 1:200). The Standard account supports the following trading instruments: Forex, Metals, Energies, Commodities, and Stocks. You can open the Standard account on the WebTrader, MetaTrader 4 or MetaTrader 5. If you want to test the account first, feel free to try our demo version!
Open the Standard account at KWAKOL today and join the beautiful world of trading!
Is a type of account designed for traders of Islamic faith that has fixed fee instead of swap. The fee is not an interest and depends on the direction of the order. Islamic law states that engaging in a contract or business that includes charging and receiving riba or interest is strictly forbidden. It does, however, allow Muslims to engage in currency exchange. Many believe this is because of a teaching that the Prophet Muhammed reportedly said. In order for Kwakol to give traders the ability to trade regardless of their faith, Swap Free accounts were created.
The Pro account is an account suited to more experienced and professional traders. It is ideal for any trading style from day-trading to automated trading strategies and everything in between.
Top Features of the Pro account
1. No limit on orders that can be opened.
2. You can trade smaller volumes (minimum lot size 0.01).
3. Orders will be executed with instant execution for the majority of the instruments.
4. Low spreads start from 0.01 pips.
The VIP account offers top trading conditions for our most exclusive customers. VIP account holders enjoy the best pricing and free tools provided by Kwakol Markets.