ASICAustraliaTier 1Licence number
435746
View licence record- Licence holder
- Held by Kwakol Markets
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for Kwakol Markets
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 4
- Issuing authorities
- 3
- From tier-1 or tier-2 authorities
- 3
- Found on an official register
- 0
Kwakol Markets has 4 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 3 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences by jurisdiction
Every licence on record for Kwakol Markets, grouped by the 3 jurisdictions it is registered in.
4 records
Australia2 licences
All Australia licences- ASICAustraliaTier 1
- ASICAustraliaTier 1
Licence number
001295040
View licence record- Licence holder
- Held by Kwakol Markets
Not checkedUpdated
United States1 licence
All United States licences
Canada1 licence
All Canada licences
Protection
What this licence protects
FinCEN's own rules for the firms it authorises.
- No complaints route
- Maximum leverageVaries by firm / local rules
Frequently Asked Questions
Questions about the licences held by Kwakol Markets
Answered from the register entries on this page.
Most Popular Questions
Kwakol Markets offers a maximum leverage of up to 500. This leverage level is higher than the ASIC regulatory limit of 28, suggesting that leverage conditions may vary depending on the client’s jurisdiction or account type.
The minimum deposit amount at Kwakol Markets is commonly cited as 10 USD, though this is not officially confirmed. Supported payment methods include bank cards, bank wire transfers, PayPal, Sticpay, various regional e-wallets, and cryptocurrencies like Bitcoin, Ethereum, USDT, and Litecoin. Processing times vary from hours to days, with some user reports of withdrawal delays.
Kwakol Markets offers MetaTrader 4, MetaTrader 5, and cTrader platforms. These platforms support desktop and web trading and provide features like advanced charting, automated trading, and fast execution. They are developed by reputable companies such as MetaQuotes Software Corp and Spotware Systems Ltd.
Kwakol Markets is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. The broker operates under strict fund segregation rules but does not have mandatory client fund insurance. It is prohibited from serving clients in the USA, North Korea, Iran, and other sanctioned countries.
Kwakol Markets has 4 licence records with Wikilix, issued by 3 authorities across 3 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Kwakol Markets holds licence records issued by FinCEN, ASIC, FINTRAC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
3 of the licence records held by Kwakol Markets come from tier-1 or tier-2 authorities (3 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 4 licence records held by Kwakol Markets has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Kwakol Markets has licence records in Australia, United States, Canada. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.