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Kwakol Markets Forex Broker keeps up-to-date with the latest trading account information, including VIP Account, No-Swap (Islamic Account), Cent Account, Pro Account, Standard Account, ECN Account maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
Kwakol Markets offers a low minimum deposit requirement, allowing traders to start with just $1.
The broker provides access to multiple trading platforms, including MT4 and MT5, which are popular among traders for their advanced features.
There is a wide range of educational resources available for beginners, including ebooks and online courses.
Cons
The only base currency available for accounts is USD, which may lead to currency conversion fees for traders using other currencies.
Kwakol Markets has been reported to freeze accounts and restrict withdrawals without clear reasons, raising concerns about fund accessibility.
There is a limited selection of funding methods compared to other brokers, which may hinder convenience for some users.
Kwakol Markets broker Accounts
VIP Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$10,000
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$2 per standard lot
Products
--
No-Swap (Islamic Account)
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1
Minimum Spread
from 1.6
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
--
Cent Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1
Minimum Spread
from 1
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
--
Pro Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1000
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$5 per standard lot
Products
--
Standard Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1
Minimum Spread
from 0,8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
--
ECN Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$100
Minimum Spread
from 0,8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$4
Products
--
Kwakol Markets Account Types
Kwakol Markets offers a variety of account types tailored to meet diverse trading styles. Currently, there are seven main types of accounts available on their platform:
- Standard Account
- Minimum Deposit: $250
- Spread: Floating spread from 0.8 pips
- Commission: $0
- Leverage: Up to 1:200
- Market Execution: From 0.1 sec
- No-Swap (Islamic) Account
- Minimum Deposit: $1
- Spread: Floating spread from 1.6 pips
- Commission: $0
- Leverage: Up to 1:1000
- Market Execution: From 0.3 sec (STP)
- Pro Account
- Minimum Deposit: $10,000
- Spread: Floating spread from 0.01 pips
- Commission: $5 per standard lot
- Leverage: Up to 1:300
- Market Execution: From 0.1 sec
- Gold Account
- Minimum Deposit: $25,000
- Spread: Floating spread from 0.01 pips
- Leverage: Up to 1:400
- Market Execution: From 0.3 sec (STP)
- Platinum Account
- Minimum Deposit: $100,000
- Spread: Floating spread from 0.0 pips
- Leverage: Up to 1:450
- Market Execution: From 0.3 sec (STP)
- Diamond Account
- Minimum Deposit: $250,000
- Spread: Floating spread from 0.0 pips
- Leverage: Up to 1:450
- Market Execution: From 0.3 sec (STP)
- VIP Account
- Minimum Deposit: $1,000,000
- Spread: Floating spread from 0.0 pips
- Leverage: Up to 1:1000
- Market Execution: From 0.1 sec
- Visit the Website: Go to the official Kwakol Markets website.
- Click on "Open Account": Look for the registration or account opening section and click on it.
- Fill Out the Registration Form: Provide your personal details, such as your name, email address, phone number, and country of residence. You will also need to choose the type of account you wish to open.
- Submit Verification Documents: Upload necessary documents for verification, including a photo ID and proof of address.
- Agree to Terms and Conditions: Read and accept the terms and conditions of Kwakol Markets.
- Account Verification: Wait for the Kwakol Markets team to review your application and documents.
- Fund Your Account: Once approved, proceed to fund your trading account using one of the available payment methods.
- Start Trading: After funding your account, you can access the trading platform and begin trading.
Kwakol Markets Broker Account Opening Process
To open a trading account with Kwakol Markets, follow these steps:
For more detailed information, please visit the following sources:
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