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KEYMARKETS-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-31 13:37

Abstract:KEYMARKETS is an unregulated broker, offering trading on 50 or so currency pairs, cryptocurrencies, CFDs on commodities, metals, indices and stocks with leverage up to 1:300 and spread from 1.5 pips through the MT4 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.

Note: KEYMARKETS's official website - https://key-markets.net/ is currently inaccessible normally.

KEYMARKETS Review Summary
Founded/
Registered Country/RegionAzerbaijan
RegulationNo regulation
Market Instruments50 or so currency pairs, cryptocurrencies, CFDs on commodities, metals, indices, stocks
Demo Account✅
LeverageUp to 1:300
SpreadFrom 1.5 pips (Bronze account)
Trading PlatformMT4
Min Deposit$250
Customer SupportTel: +3 522 848 0865
Email: support@key-markets.net

KEYMARKETS Information

KEYMARKETS is an unregulated broker, offering trading on 50 or so currency pairs, cryptocurrencies, CFDs on commodities, metals, indices and stocks with leverage up to 1:300 and spread from 1.5 pips through the MT4 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.

KEYMARKETS

Pros and Cons

Pros Cons
Various trading productsInaccessible website
Demo accountsNo regulation
Multiple account typesInactivity fee charged
MT4 platformHigh minimum deposit requirement
Popular payment options

Is KEYMARKETS Legit?

No. KEYMARKETS currently has no valid regulations. Please be aware of the risk!

No license

What Can I Trade on KEYMARKETS?

Tradable Instruments Supported
Currency pairs✔
Cryptocurrencies✔
CFDs ✔
Commodities✔
Metals ✔
Indices ✔
Stocks ✔
Bonds❌
Options❌
ETFs❌

Account Type

Here are four account types KEYMARKETS offers:

Account TypeMin Deposit
Bronze$250
Silver$2,000
Gold$100000
Platinum$50,000

Leverage

The broker offers leverage capped at 1:300. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

KEYMARKETS Fees

Trading Fees

The administrative fee is 50 USD for accounts with low trading activity.

KEYMARKETS Spreads

Account TypeSpread
BronzeFrom 1.5 pips
SilverFrom 2.5 pips
GoldFrom 2.8 pips
PlatinumFrom 0.1 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔DesktopBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

The broker accepts payments via Visa, MasterCard, Sofort, Bitcoin and Ethereum.

The minimum withdrawal amount is $50 USD by credit card or e-wallet, or its equivalent in the chosen currency. There is no fee for withdrawal by credit card or the first withdrawal per month by wire transfer.

Payment options
LeverageBrokerCurrency PairDealerForex tradingForex Broker

Related broker

No Regulation
KEYMARKETS
Company name:KEYMARKETS
Score
1.56
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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