deposit:
- $100
Trading platform:
- MetaTrader4
- MetaTrader5
- FCA
- FSC
- 0%
deposit:
- $100
Trading platform:
- MetaTrader4
- MetaTrader5
- FCA
- FSC
- 0%
Note!
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Traders Union experts have analyzed all companies providing trading services in your country legally and compiled a rating of the best companies that offer the best working conditions, have reliable reputation and the highest number of positive reviews among traders on our website.
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Summary of Key to Markets Trading Company
Key to Markets is a broker with higher-than-average risk and the TU Overall Score of 4.86 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Key to Markets clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Key to Markets ranks 130 among 414 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Key to Markets is a universal broker that provides low trading costs and attractive starting conditions. There is a demo account. Traders can work on top platforms without any restrictions on trading strategies. This broker provides four options for additional income, such as savings accounts, PAMM accounts, copy trading, and partnership programs. In general, it is a competitive broker with a modern client-oriented service. Among the special advantages, one can note training, which is highly evaluated by experts, and regular analytical materials that make it easier for traders to work. The main disadvantages are the absence of 24/7 support and no difference between account types except for spreads and fees.
Key to Markets uses ECN (Electronic Communication Network) technology to execute exchange trades without intermediaries. It offers a free demo account and two live accounts, namely Standard and Pro. The accounts differ only in spreads and fees. This broker provides more than 180 instruments, including currency pairs and CFDs on stocks, indices, and commodities. This company's clients work on MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Also, traders can open savings accounts at 0.5% per annum, while with a balance of €500,000, the broker offers an increased rate on individual conditions. Other options for passive income are standard PAMM accounts and the AutoTrade copy trading service. Funds can be deposited in nine ways and withdrawn in four ways, namely via bank transfer, Skrill, Neteller, and Sticpay, wherein transfers to bank accounts are not subject to fees. This broker offers high-quality educational materials and many analytical options.
💰 Account currency: | USD |
---|---|
🚀 Minimum deposit: | $100 |
⚖️ Leverage: | Up to 1:500 |
💱 Spread: | Raw, from 0 pips |
🔧 Instruments: | Currency pairs, CFDs on stocks, indices, and commodities |
💹 Margin Call / Stop Out: | 120%/100% |
👍 Advantages of trading with Key to Markets:
- Free demo account and a minimum deposit of $100 provide a low entry threshold;
- Over 180 assets from 4 groups and leverage up to 1:500 increase the trader's profit potential;
- Trading through MT4 and MT5 makes it possible to individualize working conditions through plug-ins;
- Basic options for deposits and withdrawals are available, there is either no withdrawal fee, or it is 1% of the amount;
- Traders can open savings accounts that provide for receiving a stable passive income;
- Copy trading provides additional income and unique experience, also the broker offers joint accounts;
- Traders have access to basic training, webinars, expert analytical materials, and special trading tools.
👎 Disadvantages of Key to Markets:
- All groups of assets, except for currency pairs, are available in the form of CFDs;
- Trading accounts differ only in spreads or fees, and the broker does not individualize the offer;
- Call center is available on weekdays from 9:00 to 18:00, and there is no live chat to contact technical support.
Evaluation of the most influential parameters of Key to Markets
Table of Contents
Geographic Distribution of Key to Markets Traders
Popularity in
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Expert Review of Key to Markets
This broker has been operating since 2010, making it one of the oldest representatives of its segment. Initially, it offered only active trading. Over time, passive income options, such as PAMM, copy trading, partnerships, and savings accounts that are quite rare among brokers, have been added. Copy trading, implemented through the AutoTrade service, looks especially attractive for novice traders, as it provides passive income and the opportunity to learn from experienced colleagues.
It is important to note that Key to Markets is registered in the UK and Mauritius, and has two licenses from the Financial Conduct Authority (FCA, 527809) and the Financial Services Commission (FSC, GB19024503). Both documents are verified, so there is no doubt about the transparency of activity and reliability of the broker. Moreover, the analysis of user reviews showed that there are no confirmed cases of the company’s non-fulfillment of its obligations. There were no open conflicts with traders either.
Key to Markets provides a free demo account that does not require an initial deposit. To open a live account, it is necessary to deposit at least $100. Traders have a choice of MT4 or MT5. This broker does not set any restrictions; thus, scalping (high-frequency trading), hedging, and the use of advisors are available. The Key to Markets website also publishes regular analytics. This greatly facilitates trading for the company's clients. The training system is also on top, as there are several collections of articles, plus the broker constantly holds webinars.
One of the features of this company is that there are many options for additional income, including copy trading, which is implemented through AutoTrade, and joint PAMM accounts. There is also a number of pleasant nuances, such as a free virtual server and free bank transfers. Of the minuses, all assets, except for currency pairs, are available in the form of CFDs, technical support works in an objectively inconvenient mode for traders, and there are few differences between live Standard and Pro accounts. Overall, Key to Markets can definitely be recommended for review by traders who want to trade actively and are also interested in passive income.
Dynamics of Key to Markets’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
Many brokers offer alternative ways to make money. Of course, most traders come to such brokers to trade on their own. However, copy trading, for example, provides for getting a unique experience in addition to passive income, and PAMM accounts have proven to be a simple and convenient option for passive income. Moreover, all kinds of partnership programs aimed at attracting new clients can also give nice bonuses. Although this requires high activity on the internet and takes a lot of time and effort. Key to Markets has all of the above additional sources of income. Also, there are savings accounts, and not all brokers offer such an opportunity.
Copy trading
Copy trading, provided by the AutoTrade service, works transparently, in accordance with the conditions typical for such sites. A trader can register as a signals provider or investor. Signals providers, trading in their usual mode, broadcast their trades to interested investors. For their part, investors choose providers by their rating, connect to them, and duplicate their trades. Investors do not have to copy trades "one to one", but, for example, they can lower the bet. With a successful trade, everyone makes a profit in accordance with their bets, plus investors pay a small fee to the provider. If the trade is unsuccessful, everyone loses what they bet. In addition to profit, investors gain experience by watching the work of professionals.
PAMM accounts
Among joint accounts, it is PAMM that has received the greatest popularity due to its versatility and constructive simplicity. There is an account manager and investors who transfer partial control over their own accounts to the manager. Managers join their own capital and the capital of sub-accounts for executing trades. Again, investors can limit the amount of funds available to managers. If a trade is successful, everyone makes a profit, and the manager charges an additional fee from each sub-account. If trades fail, everyone loses, including the manager, who risks his own funds as well as those of his investors. In some ways, PAMM accounts are similar to copy trading, but they give managers more control. In some situations, this can be a conceptual advantage.
Partnership program
Unlike referral programs offered by other brokers, the Key to Markets program has individualized conditions. Traders apply for partnership, and if approved, they will receive ready-made promotional materials. Thanks to the promo, the broker's partners will be able to effectively distribute information about it on the internet. Anyone who goes to the Key to Markets website through an advertising link will become a referee of its owners and bring them a bonus. The bonus will be expressed in real funds coming to the trader's account. Partnership with Key to Markets is also available to legal entities, and they can receive additional benefits from it.
Savings accounts
Key to Markets’ clients can open a full-fledged savings account. According to the general conditions, it does not differ from a savings account in any physical or online bank. There is no minimum deposit. The initial rate is 0.5% per annum, with interest paid daily and automatically transferred to the trader's main account. If a client makes a deposit of €500,000 or more, the rate increases. Large deposits are considered on individual terms and investors are provided with unique advantages from the broker. You can withdraw funds from a savings account at any time, as there are no restrictions.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Trading Conditions for Key to Markets Users
Usually, if a broker offers multiple account types, the minimum deposit is determined by the account chosen by the trader. Key to Markets has two live accounts that differ only in spreads and trading fees. The minimum deposit is $100 for both types. A demo account does not require a deposit. Leverage does not depend on the account type, but on the asset. The highest trading leverage is always for currency pairs which is 1:500. Of course, you do not have to trade using leverage, you can choose a smaller one or trade without it at all. Client support is available via phone, email, and tickets on weekdays from 9:00 to 18:00 GMT.
$100
Minimum
deposit
1:500
Leverage
8/7
Support
💻 Trading platform: | MetaTrader 4 and MetaTrader 5 |
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📊 Accounts: | Demo, Standard, and Pro |
💰 Account currency: | USD |
💵 Replenishment / Withdrawal: | Visa, MasterCard, bank transfer, Skrill, Neteller, Sticpay, Sepa, UnionPay, and Alipay |
🚀 Minimum deposit: | $100 |
⚖️ Leverage: | Up to 1:500 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 |
💱 Spread: | Raw, from 0 pips |
🔧 Instruments: | Currency pairs, CFDs on stocks, indices, and commodities |
💹 Margin Call / Stop Out: | 120%/100% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | No |
⭐ Trading features: |
Free demo account; Two live account types, which differ only in spreads and fees; Currency pairs and CFDs on three types of assets; ECN system; There are savings and joint accounts; AutoTrade copy trading service is integrated |
🎁 Contests and bonuses: | Rebates from Traders Union |
Comparison of Key to Markets with other Brokers
Key to Markets | RoboForex | Pocket Option | Exness | AMarkets | InstaForex | |
Trading platform |
MetaTrader4, MetaTrader5 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5, AMarkets App | MT4, MultiTerminal, MobileTrading, MT5, WebTrader |
Min deposit | $100 | $10 | $5 | $10 | $100 | $1 |
Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:3000 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | No | Yes |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
Level of margin call / stop out |
120% / 100% | 60% / 40% | 30% / 50% | No / 60% | 50% / 20% | 30% / 10% |
Execution of orders | NDD, STP | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | No | Yes |
Broker comparison table of trading instruments
Key to Markets | RoboForex | Pocket Option | Exness | AMarkets | InstaForex | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | No | Yes | Yes | Yes | Yes | Yes |
Crypto | No | No | Yes | Yes | Yes | Yes |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | Yes | Yes |
ETF | No | Yes | No | No | No | No |
Options | No | No | No | No | No | No |
Key to Markets Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Raw, $10, no fee | Either none or 1% |
Pro | Standard, from $0, the fee is $0.08 per micro lot | Either none or 1% |
Withdrawal fees are another item on the list of trading costs. Some brokers do not charge it. Key to Markets has a fee if the withdrawal is made by any method other than a bank transfer. Transfers via Skrill, Neteller, and Sticpay cost 1% of the amount. The comparative table below shows the average trading fee for Key to Markets and two of its competitors. This will allow you to visually assess how profitable it is to work with this broker.
Broker | Average commission | Level |
Key to Markets | $5 | Medium |
RoboForex | $1 | Low |
Pocket Option | $8.5 | High |
Detailed review of Key to Markets
This company has been on the market for 13 years and has gained its reputation because during all these years it has maintained the services provided at a high-quality level. This broker uses the ECN system, VPS, and advanced architecture. Execution time is no more than 30 ms, which meets advanced standards. Retrospective analysis and dynamic testing revealed no weaknesses, and the platform has never been hacked. The security system is standard and includes KYC (Know Your Client) verification and SSL protocols.
Key to Markets by the numbers:
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Minimum deposit is $100;
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Minimum spread is 0 pips;
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Over 180 financial instruments;
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Withdrawal fee for electronic systems is 1%;
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Withdrawal to a bank account is $0.
Key to Markets is a broker for traders of all levels
The first conceptual indicator is the number of available assets. The more of them there are, the deeper is the trader's strategic potential. Moreover, different types of assets allow you to effectively diversify risks. Since Key to Markets has more than 180 instruments from four groups (currencies, indices, stocks, and commodities), this is more than enough to provide comfortable trading conditions. Second, Key to Markets’ clients can work with MetaTrader 4 and MetaTrader 5. Both solutions are simple, convenient, and highly customizable. Third, this broker offers free analytics in the form of fundamental analysis, which is necessary for the successful work of traders of any level, regardless of their preferences and trading style.
Useful features offered by Key to Markets:
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Copy trading. Copy trading is incorporated. This broker's clients can register as investors to passively earn and gain experience, or as signals providers in order to increase their income through fees charged to investors in case of successful trades;
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Virtual dedicated server. Upon request, the broker provides its clients with a VPS. This option is extremely important if a trader practices automated trading and needs stable round-the-clock access to the internet;
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Joint accounts. PAMM allows you to connect any number of sub-accounts to the main account for executing trades using joint capital. Thus, investors passively earn, and managers receive a bonus in the form of fees.
Advantages:
Trading cost conditions are better than those of many of this broker’s competitors;
This broker is regulated by two competent agencies, thus it conducts transparent and strictly legal activities;
Traders work through the most popular platforms, also the most popular deposit/withdrawal channels are available;
This broker offers several options for passive income, including a full-fledged savings account;
Although technical support does not work at night and on weekends, it is highly evaluated by users and experts due to its competence.
Guide on how traders can start earning profits
If a broker offers several account types and the conditions of these accounts are very different, it is important to make the right choice. However, the Key to Markets’ Standard and Pro accounts differ only in spreads and fees. According to traders, the costs are approximately equal. The minimum deposit, available assets, and leverage are the same. In this situation, it is more important to understand which trading platform suits you best. MetaTrader 4 and MetaTrader 5 have a lot in common, but there are also many differences. It is recommended to look at the reviews and try the demo mode on each of the platforms. Note that both platforms have a mobile version. Also, passive income options are worth considering and a savings account is a great opportunity.
Account types:
As a rule, traders first open a demo account in order to explore the possibilities of the trading platform. Then they choose one of two live accounts, based on their preferences. It is convenient that there are no restrictions on depositing and withdrawing funds, neither for the number of transactions nor for their volume. The availability of the most popular channels simplifies interaction with the platform.
Bonuses from Key to Markets
Many brokers hold special promotions for their clients. As a rule, these are deposit or welcome bonuses. They are the most popular because they provide tangible benefits, which is the opportunity to trade with increased capital at the start. But these bonuses are not easy to withdraw, nor are the profits made with them. Usually, you need to trade a high number of lots, so the real benefit is not so very significant. Some brokers, including Key to Markets, do not offer bonuses to new and old clients because their new traffic is sufficient and traders who plan to work with this broker can still get a unique trading advantage.
Investment Education Online
Traders are only successful if they are constantly improving. To do this, it is not enough to trade regularly, but it is necessary to communicate with colleagues and experts, study market trends, research expert analytics, read specialized books, and attend webinars. Knowing that, many brokers provide their clients with educational materials. Sometimes this is in the form of common FAQs and a trader's glossary. But these can also be full-fledged video guides. Key to Markets takes a balanced position: a lot of structured training materials are published on the broker's website, but these are not full-fledged courses, but rather thematic articles. This company also constantly holds webinars for novice and experienced traders.
This broker focuses on novice traders when preparing materials, like many of its competitors. Moreover, it does not pay much attention to money management and the psychology of trading. Nevertheless, its educational block is highly evaluated by experts, and there are a lot of interesting things at specialized webinars for professionals as well.
Security (Protection for Investors)
company. All brokers are officially registered, otherwise they are, by definition, scammers and their activities are illegal. But registration does not mean transparency and fulfillment of obligations to their clients worldwide. Key to Markets is regulated by FCA and FSC. Therefore, the company's clients can be sure of its trustworthiness and compliance with financial regulations.
👍 Advantages
- Traders can contact the broker’s client support
- This broker’s clients can apply to FCA and FSC
- Contact Traders Union’s legal department for free consultation and representation. It protects its members’ rights without charge.
👎 Disadvantages
- No opportunity to address public financial authorities outside the UK and the state of Mauritius
- No opportunity to contact other regulators except for FCA and FSC
Withdrawal Options and Fees
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When trading is successful, profit is accumulated on the account balance and can be withdrawn at any time through the user account;
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Such withdrawal channels as Skrill, Neteller, Sticpay, and bank transfer are available;
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Transfers to bank accounts are not subject to fees, while a 1% fee is charged for withdrawals through other channels;
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Third parties, such as banks or electronic transfer systems, may charge their own fees;
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The withdrawal process quick and takes only 1-2 days for a bank transfer.
Customer Support Service
Technical support has a conceptual significance for any broker because most traders will face situations that require qualified assistance. The reason may be either a user’s inattention or an atypical but serious situation. Also, no system is 100% protected from failures, albeit minimal. One way or another, when traders contact client support, they expect prompt and qualified advice. Without receiving the required level of help, they may go to a competing broker. Key to Markets offers up-to-date service, available on weekdays from 9:00 to 18:00 GMT.
👍 Advantages
- Non-clients of the broker can contact technical support
- Managers respond quickly and competently
👎 Disadvantages
- Support is not available at night and on weekends
- This broker doesn’t have a live chat
If you have a question or a technical problem, you can contact client services during business hours in one of the following ways:
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call center;
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emai;
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tickets.
This broker recommends contacting technical support by email. Answers to tickets will also be sent by email. During rush hour, the call center is often overloaded.
Contacts
Foundation date | 2008 |
Registration address | United House | 9 Pembridge Road | London, W11 3JY | United Kingdom |
Regulation |
FCA, FSC Licence number: 527809, GB19024503 |
Official site | keytomarkets.com |
Contacts |
Email:
info@keytomarkets.com,
Phone: +44 20 3384 6738 |
Review of the Personal Cabinet of Key to Markets
To start working with the broker, register an account on its official website. Further, it is necessary to get verified (confirm your personal information) and make a deposit not lower than the minimum. After that, you can download MT4/MT5 and start trading. TU experts have prepared a detailed guide on registration and the functions of the Key to Markets’ user account.
Go to the broker's official website. Select the interface language at the top and click the “Open an Account” button.
Choose your title, enter your first and last names, date of birth, and country of residence. Enter your email and phone number, then create a password and enter it twice. Agree to the terms of service by ticking the box and click the “Continue” button.
Answer a few questions about your education, profession, income, and trading experience. Click the “Continue” button.
Select the document which can verify your identity. Provide a scan/photo of this document by following the instructions on the screen. Then wait until the specialists confirm the provided data.
Go to the “Accounts” section. Select the “Open Live Account” tab and follow the instructions on the screen.
Go to the “Finance” section and select the "Deposit" tab. Select your preferred deposit option and follow the on-screen instructions to fund your account. After that, go to the “Download” section and download the trading platform that suits you. As soon as the platform is installed on your PC or mobile gadget, use your registration data to log in and start trading.
Features of the user account:
Accounts. Here a trader can open/close a live or demo account;
Funding. This is the section for deposits, withdrawals, and internal transfers; here you can also get a report of transactions;
Profile. This block is for entering and correcting personal information, as well as for setting security parameters;
Download. Here the distributions of the current versions of MetaTrader 4 and MetaTrader 5 are available;
Economic calendar. This is a basic tool for fundamental analysis;
Trader's calculator. It provides for calculating the main parameters of a trade based on the input data;
PAMM accounts. This block is for managing joint accounts;
Login to PAMM. This block is for registration in the service of joint accounts or logging into it;
Reporting system. All requests and responses are displayed here;
Partnership request. This option allows you to apply for a partnership with the broker.
Disclaimer:
Your capital is at risk. 71% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Articles that may help you
FAQs
Do reviews by traders influence the Key to Markets rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Key to Markets you need to go to the broker's profile.
How to leave a review about Key to Markets on the Traders Union website?
To leave a review about Key to Markets, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Key to Markets on a non-Traders Union client?
Anyone can leave feedback about Key to Markets on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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