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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.
KWAKOL MARKETS PTY LIMITED is an authorized Finance company by Australia Security and Investment Commission (ASIC) with the A.C.N 656 656 665.
Kwakol Markets is an authorized money service business by FINTRAC Money Services Canada; the registration number is M22600427.
This website is owned and operated by KWAKOL MARKETS PTY LIMITED, which include
• Kwakol Markets (HK) Ltd with registered address unit No. A222, 3F, Hang Fung, Industrial Building, Phase 2, No.2G, Hok Yuen street, Hunghom, Hong Kong.
• Kwakol Markets (NG) Ltd with registered address 1st floor, Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja.
• KWAKOL MARKETS PTY LIMITED with registered address 220 350 Victoria St Richmond VIC 3121
• Kwakol Markets Limited (UK) with registered address 291 Brighton Road, South Croydon, United Kingdom.
*This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
**Risk Warning: Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.Read More Here
