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, ECN, Cent, No-Swap(Islamic), and VIP Account. 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 1:1000). The Standard account supports the following trading instruments: Forex, Metals, Energies, Commodities, and Stocks. You can open the Standard account on 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!
ECN (Electronic Communication Network) account is a choice of professional traders who want the best possible trading conditions. The ECN account allows buyers and sellers to trade directly without any middlemen. To open the ECN account, you need to make an initial deposit of $100. Not cheap but worth it! The main benefits of the ECN account are the fastest market execution, low spreads, best quotes with no delay. Say ‘goodbye’ to all the trading limits and have an endless number of open positions and pending orders. The spread on the ECN account is ultra-competitive, hence Kwakol Market requires a commission of $4 per standard lot.
The ECN account offers Forex, Metals, Energies, Commodities, and Stocks for trading. The ECN account is available on both our MetaTrader 4 and MetaTrader 5. If you want to test the account first, feel free to try our demo version!
Try it yourself and discover a new level of trading with Kwakol Markets!
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
- No limit on orders that can be opened.
- You can trade smaller volumes (minimum lot size 0.01).
- Orders will be executed with instant execution for the majority of the instruments.
- Low spreads start from 0.0 pip.
Cent account is a trading account on which the balance is displayed in cents, and transactions are carried out in cents as well. It means that if you deposit $10, you will have 1000 cents in your account. Trading on the Cent account is low-risk. Therefore, it is an excellent choice for Forex novices. Moreover, this type of account can be an attractive option for experienced traders who want to check new strategies. The Cent account allows people to trade smaller lot sizes and open an account with a lower initial deposit than any other account. To open the Cent account, you need to make an initial deposit of $1 only – less than you pay for a cup of coffee!
The Cent account supports the following trading instruments: Forex, metals, energies, commodities, and stocks. You can open the Cent account on MetaTrader 4 or MetaTrader 5. If you want to test the account first, feel free to try a demo version!
Open your Cent account with Kwakol Markets and reach new heights in trading!
NO-SWAP (ISLAMIC ACCOUNT)
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. To learn more about our trading account and the different trading condition, kindly visit our website www.kwakolmarkets.com