Brief informationKey to Markets
Key to Markets is ECN-broker. This means that it opens access to trading on the interbank market.
So, ECN accounts have a lot of advantages: there are no requotes, there are no cancellations of requests, there is real liquidity support. But there are also disadvantages: a floating spread, additional commissions, a need for a large deposit.
What trading parameters does Key To Markets declare?
- $0,08 – microlot commission,
- 0.1 – ultra narrow spreads,
- 0.01 – microlots,
- $100 – minimum deposit,
- 1:500 – leverage,
- < 5 ms – instant execution.
The broker encourages users who want to make money in the financial markets to trust it.
Key to Markets summary
Date of foundation. On the official site there is no data on the age of the broker. If you turn to sources on the Internet, it becomes known that Key to Markets has been providing services since 2014.
Location. The broker has several addresses, but there is no any address in Russia where it seeks to provide services. Here are the coordinates of the offices:
- Port Louis, Mauritius: 1 / F River Court, 6 St Denis Street - Port Louis 11328;
- London, the UK: Vicarage House - 58-60 Kensington Church Street - London, W8 4DB,
- Auckland, New Zealand: Level 10, 21 Queen Street - Auckland, 1010.
Contacts. You can contact the broker by e-mail info@keytomarkets.com, by phone +44 20 3384 6738 and +64 9955 1907. If you are a current client, you must have a Skype contact of representative.
Jurisdiction. The broker belongs to three companies. (1.) KEY TO MARKETS INTERNATIONAL Limited is subject to the laws of Mauritius, (2.) KEY TO MARKETS NZ Limited - New Zealand, (3.) KEY TO MARKETS NZ Limited - Great Britain.
Regulation. KEY TO MARKETS INTERNATIONAL Limited is licensed by FSC Mauritius: document number - GB19024503. KEY TO MARKETS (UK) Limited got permission to operate within the walls of the respected FCA: number - 527809.
You may need to know that licenses can be checked in online registries. In the search bar write “check license * abbreviation for regulator *”. Go to the site in whose domain the abbreviation is repeated. Thus, you can confirm the existence of a license or deny it.
Statistics. The broker reports that in 2019 its customers' trading volume on the energy market amounted to 14 billion dollars, and market 20 billion dollars on the derivatives.
Trading terms
Key to Markets invites you to trade in MetaTrader 4 in currency pairs, metals, indices and “many others”. It promises provided accounts for storing customers’ funds, instant execution of applications and quick withdrawal of earnings.
The broker offers to choose between two types of trading accounts: MT4 Standard and MT4 Pro. They have a lot in common: the minimum position size is 0.01 lot, the maximum position size is unlimited, risk hedging, the minimum deposit is 100 and the maximum leverage is 1: 500.
There are some differences between the types of accounts. MT4 Standard provides a spread of 1 pip + market spread, and zero commission. MT4 Pro provides market spread, and the commission is $ 0.08 RT per 1 microlot.
You might find it useful to know that Key to Markets also opens savings accounts.
The broker’s website provides “Legal Issues” section. All documents should be read BEFORE transferring money.
Feedbacks
To decide whether to trade with Key To Markets, read the feedbacks of traders. Scroll down the page below to find out the opinions of current or former broker's clients.
And if you've already gained experience working with Key to Markets, share it with BrokerTribunal readers.
