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FXKEY LTD

WikiFX | 2024-12-17 15:34

Abstract:Established in 2023, FXKEY is an unregulated broker registered in Saint Lucia, offering trading in Forex, Indices, Stocks, and Futures with spread from 1.4 pips on the Standard account and flexible leverage up to 1:500 on the MT5 platform. Demo accounts are available but the minimum deposit is as high as $250.

Note: FXKEY LTD's official website - https://fxkeyltd.com/ is currently inaccessible normally.

FXKEY LTD Review Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNo Regulation
Market InstrumentsForex, Indices, Stocks, Futures
Demo Account✅
LeverageUp to 1:500
SpreadFrom 1.4 pips (Standard account)
Trading PlatformMetaTrader 5 (MT5)
Min Deposit$250
Customer SupportTel: +971 4 572 7934
Email: support@fxkeyltd.com
Social media: Instagram, Linkedin
Address: Ground Floor, The South Bay Building, Rodney Bay, Gross-Islet Saint Lucia, P.O. box 838, Castries, Saint Lucia
107, 1st Floor MetroPolis Tower, Business Bay, Dubai, UAE

Established in 2023, FXKEY is an unregulated broker registered in Saint Lucia, offering trading in Forex, Indices, Stocks, and Futures with spread from 1.4 pips on the Standard account and flexible leverage up to 1:500 on the MT5 platform. Demo accounts are available but the minimum deposit is as high as $250.

FXKEY's homepage

Pros and Cons

Pros Cons
Multiple trading productsNon-functional website
Diverse account typesNo regulation
Demo accounts availableHigh minimum deposit
Flexible leverage ratiosUnknown payment methods
MT5 platform
Comprehensive customer support

Is FXKEY LTD Legit?

No license

As of now, FXKEY LTD conducts its operations without the protection of valid regulatory supervision, thereby giving rise to concerns about the possibility of fraudulent actions. The company was registered on September 4, 2023, and its domain is indicated as having a “client Transfer Prohibited” status. Hence, it is of utmost importance for potential clients to be extremely cautious and give top priority to the security of their funds when contemplating doing business with this brokerage firm.

Domain information

What Can I Trade on FXKEY LTD?

Tradable Instruments Supported
Forex✔
Indices✔
Stocks❌
Futures❌
Commodities❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
STANDARD$250
VIP$5 000
ECN$15 000
Account comparison

Leverage

FXKEY LTD offers a maximum leverage up to 1:500. Note that high leverage can amplify both profits and losses.

Account TypeMax Leverage
STANDARD1:500
VIP1:400
ECN1:100

Spread and Commission

Account TypeSpreadCommission
STANDARDFrom 1.4 pips❌
VIPFrom 0.9 pips❌
ECNFrom 0.2 pips$5 per lot

Trading Platform

FXKEY utilizes the MetaTrader 5 (MT5) trading platform, renowned for its advanced features, customizable interface, and robust trading tools. MT5 is more suitable for experienced traders.

Trading PlatformSupported Available Devices Suitable for
MT5✔Web, MacExperienced traders
MT4❌//
MT5
BrokerDealer

Related broker

No Regulation
FXKEY LTD
Company name:FXKEY LTD
Score
1.28
Website:https://fxkeyltd.com/
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.28

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