KEY TO MARKETS Review: Is KEY TO MARKETS Broker Good?
Broker overview and general information
KEY TO MARKETS broker was founded in 2008 and has headquarters in London, England, with companies in New Zealand and Mauritius. The company offers trading in Forex, indices, commodities and stocks. However, the broker still has doubts about its safety and reliability from some reviews. In this part, we have to evaluate the truth by referring to information from the website and from other reliable sources.
Broker Licensing and Regulation
If you ask whether KEY TO MARKETS is good or not, you must first consider the license factor, which has the following licenses:
⚠️Warning: Upon inspection, no CySEC license number 436/22 was found as the broker claims to be under Kleis EU
Broker Products and Services
Trading products
Forex: Currencies are traded in the most liquid market in the world with a daily transaction volume exceeding $5 trillion. The Forex market is ideal for traders who want to trade in a highly liquid market, like to practice fundamental analysis and be informed about what is happening on a macroeconomic level, have a small investment and are looking for an opportunity to make quick profits, or have a large capital and want to diversify their investments.
Indices: Brokers offer a wide range of CFDs on non-dealing desk indices, meaning traders can buy or sell major global stock indices without paying commissions.
Commodities: Brokers offer different CFDs on metals, energies and commodities for non-dealing desk trading.
All CFDs of the broker are "Rolling spot" which have no expiration date. The same rules apply to currency pairs, with the only exception that the margin required to open a position is usually fixed at 1%.
Stocks: The broker offers dozens of CFDs on the most traded global stocks, with margin requirements varying from 5% to 25%, depending on the instrument. Traders can choose from over 60 stocks on four of the most important stock exchanges.
Trading Platform
Metatrader 4 Features
Programming, Back Testing and Implementation of Automated Trading Systems (EAs)
Professional charts with free real-time data feeds
Dozens of technical analysis indicators and studies
New custom indicators and MQL alert programming
METATRADER 5
MetaTrader 5 is a multi-asset platform for trading Forex, forex instruments and futures. It offers advanced financial trading functionality, superior tools for technical and fundamental analysis, and the ability to automate trading using EAs and trading signals.
In addition to desktop and mobile versions, the platform is also available on the web and can be accessed from any device.
MYFXBOOK Auto Trade
The broker offers the Myfxbook AutoTrade system call. By selecting the "AutoTrade account" type, it is possible to link the trader's MT4 trading account to the desired trading system specified on the website.Myfxbook.com
Myfxbook AutoTrade helps you grow your portfolio by following successful traders without paying any execution or management fees.
VPS
The Virtual Private Server platform allows traders to run their strategies 24/7, fast, secure and hassle-free. The broker works with New York City Servers, an industry leader that provides superior and secure in-house technology. The broker covers the cost of the VPS.
Investment system
Key To Markets broker has investment features for traders who do not want to trade on their own and want to invest to grow their capital, as follows:
PAMMS
Percentage Allocation Management Module, also known as PAMM system, is a software application that allows traders to share their strategies with interested investors.
Investors can access their PAMM accounts via a regular web browser user interface on any device (whether mobile or desktop PC) and do not need to install MT4.
Advantages of PAMMs
Experienced traders can maximize their profits and build a proven track record, which can be the first step in their career path as a professional fund manager.
Investors can quickly join or leave PAMM through a simple and fast process, which is usually completed within a few business hours.
All trade profit/loss allocation via hourly NAV calculation.
This system is safe for managers as the intellectual property of the strategies is protected.
COPY TRADING
An investment platform that allows investors to copy trades based on successful traders. Investors can choose to copy traders they like.
Advantages of Copy Trading
All trades are automatically replicated in real time from the provider to the follower's account.
Investors can decide to close open trades and/or open new trades at any time.
100% Free Investors will not be charged for using the CopyTrader feature.
No limits, you can decide when to start/stop copying trades and when to deposit or withdraw money at any time.
Broker Account Types Review
There are 2 types of trading account types for traders to choose from according to their convenience and suitability. They have different features as follows:
| MT4 & MT5 STANDARD |
| MT4 & MT5 PRO |
| Minimum lot 0.01 lot |
| Minimum lot 0.01 lot |
| 1 pip spread + ECN raw spread |
| ECN raw spread |
| No Commission |
| Commission €0.06 / $0.08 round trip per micro lot (0.01) |
| FX instruments, indices, commodities and stocks |
| FX instruments, indices, commodities and stocks |
| Minimum deposit €/ $100 |
| Minimum deposit €/ $100 |
Deposit and Withdrawal Review
Deposit
Wire Bank
Free Commission
Duration 1-2 days
Sepa
Free Commission
Duration 1-2 days
Mastercard
Visa
NETELLER
Commission 2.5%
Duration Immediately
SKRILL
Commission 2.5%
Duration Immediately
STICPAY
Commission 2.5%
Duration Immediately
UNION PAY
Commission 2.5%
Duration Immediately
ALIPAY PAY
Commission 2.5%
Duration Immediately
Withdrawal
BANK WIRE
Free Commission
Duration 1 day
SKRILL
1% commission
Duration 1 day
NETELLER
1% commission
Duration 1 day
STICPAY
1% commission
Duration 1 day
Key To Markets Customer Service
Key To Markets Review: Pros and Cons
Pros
Cons
MT4 Pro Account Commissions
Licensing Concerns
2.5% fee for e-wallet transactions
Customer support is limited
Summary: Key To Markets Broker Review: Is It Good?
Brokers offer a wide range of trading services, have the qualities of a quality broker, international standard trading platforms, and many outstanding features.
However, there are still some things to consider such as the CySEC license that is not verified and cannot be found on the official CySEC website, and the high e-wallet transaction fees of 2.5%. Therefore, you should carefully consider the pros and cons before deciding to trade with this broker.
Frequently asked questions
Q: What leverage levels do brokers offer?
A: Maximum leverage 1:100.
Q: What educational features does the broker offer?
A: Webinars and tips for beginners
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KEY TO MARKETS Reviews Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.
