Kwakol Markets vs AETOS

Kwakol Markets or AETOS – which is better for UK traders 2024? Compare Kwakol Markets and AETOS in this detailed breakdown of their platforms, features and fees.

Kwakol Markets vs AETOS Comparison Table 2024
Kwakol Markets AETOS
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0.8
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3.5
Kwakol Markets is ranked #50 among CFD brokers. AETOS is ranked #91 among CFD brokers.
Review
Review
Kwakol have recently frozen a large number of accounts with little or no reason given to clients. This has included removing the ability to make withdrawals. We cannot advise joining Kwakol at this time.
Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of trading assets are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades. 		Aetos is an international forex and CFD broker founded in 2007. Headquartered in Sydney, the broker is licensed by the ASIC, FCA and VFSC and has a global client base in over 100 countries. The firm offers the MetaTrader 4 platform and the minimum deposit to get started is $50.
Pros
  • Kwakol Markets offers a comprehensive charting environment for active traders, including 70+ pre-installed indicators in cTrader
  • All third-party terminals support trading bots which will serve experienced algo traders
  • You can access 1000+ short-term investments, including cryptos and synthetic products
  • There are excellent market research tools available to support trading decisions, including the Acuity Expert Advisor and AutoChartist
  • There's a wide range of free learning resources for beginners, including an eBook, online courses and a Telegram community channel
  • I’m happy with the broker’s regulatory status, with top-tier licensing from the UK’s FCA and ASIC. This means traders can access compensation schemes and negative balance protection
  • High leverage is available for experienced traders at the Australian branch, up to 1:200. I also found MAM and PAMM accounts are available for eligible money managers
  • Beginners should appreciate the free $10,000 demo account and I like that there’s also a copy trading solution for those who want to follow the strategies of others
  • Alongside the trusted MT4 terminal, I was pleased to see the AutoChartist market analysis and signals tool available for clients
Cons
  • There's a limited range of funding methods, with just bank transfers, card payments, and PayPal available - many top brands like AvaTrade offer 10+ methods
  • You must deposit at least $10,000 to access the best trading conditions
  • The only base currency available is USD
  • I’m a little disappointed in the small range of assets available at Aetos, with even fewer markets available for UK clients. I would have liked to see a wider range of currency pairs and shares, for example
  • The demo account has a time limit of just 14 days, which I don’t feel is enough for beginners to get acquainted with the platform and test out their first strategies
  • It would have also been nice to see a wider choice of platforms for clients and perhaps a bespoke solution
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto Forex, energies, precious metals, indices, share CFDs
Demo Account
Yes Yes
Minimum Deposit
£250 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FINTRAC FCA, ASIC, VFSC
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes Yes
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Kwakol Invest continues to offer straightforward copy trading, connecting newbies with experienced traders. The leaderboard makes it easier to find suitable strategy providers with insights into the number of followers, total returns and more. You also only pay a fee on profitable positions, making the service more affordable than some competitors. Aetos offers a proprietary copy trading solution which allows you to save time and automatically copy the trades of other users. You can view useful profitability stats of each 'master' trader before subscribing, and I like that parameters including stop loss and take profit are flexible.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • AUD
Commodities
  • Gold
  • Silver
  • Copper
  • Platinum
  • Palladium
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
CFDs are available on a breadth of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account. CFDs are available to trade manually in the MT4 platform, or via the broker’s copy trading solution which allows you to automatically copy other strategies. I also appreciate that the broker offers a demo account with $10,000 in virtual funds so you can practice CFD trading strategies risk-free.
Leverage
1:1000 1:30 (UK), 1:400 (Global)
FTSE Spread
0.8 25
GBPUSD Spread<
0.8 2.35
Oil Spread
0.8 0.06
Stocks Spread
0.8 Variable
Forex
Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds and competitive spreads through the ECN model. On the negative side, not all currency pairs are available on MT4. My tests uncovered only 27 currency pairs at Aetos, which is below the industry average. Leverage is available up to 1:200 for Australian clients but I’m not overly impressed with the 1.8-pip average spreads for EUR/USD. Top competitors typically offer the same pair for around 1 pip in a standard-level account.
Assets
90+ 27
GBPUSD Spread
0.8 2.35
EURUSD Spread
0.8 1.80
EURGBP Spread
0.8 2.57
Cryptocurrency
You can trade cryptos against cryptos, fiat currencies, and even metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. Additionally, with high leverage up to 1:20, Kwakol Markets is a top choice for crypto traders.
Spread
From 0.8 pips (Standard Account)
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Kwakol Markets AETOS
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Review
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