Abstract:KEYMARKETS is a Forex brokerage registered in Azerbaijan, offering trading with an array of Forex pairs and CFD products, however, the broker does not provide any offices location info as well as the regulation details.
We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://key-markets.net/
General Information& Regulation
KEYMARKETS is a Forex brokerage registered in Azerbaijan, offering trading with an array of Forex pairs and CFD products, however, the broker does not provide any offices location info as well as the regulation details.
Market Instruments
KEYMARKETS offers a wide range of popular trading assets including 50 or so currency pairs, cryptocurrencies, CFDs on Commodities, Metals, Indices, and Stocks.
Accounts & Leverage
Based on ones initial investment, KEYMARKETS offers multiple account types with very different conditions, that is Bronze Account, Silver Account, Gold Account, Platinum Account, also the minimum deposits are 250 USD, 2,000 USD, 10,000 USD, 50,000 USD respectively. Besides, the leverage for all accounts is capped at 1:300.
Spreads & Commissions
All we know is that KEYMARKETS offers a variable spread, starting from 0.1 pips for the Platinum Account, and the other account spreads are 1.5 pips, 2.5 pips, and 2.8 pips respectively. Concerning the commission, the broker is likely to embrace the invisible fees, for instance, the administrative fee is 50 USD for accounts with low trading activity.
Trading Platform
KEYMARKETS supposed that they offer the MetaTrader4(MT4) for clients, however, we found that it is a web-based trading platform that supports multiple time frames, charts, and some of the most popular drawing tools and price indicators.
Deposit & Withdrawal
Clients are allowed to deposit or withdraw via Visa and MasterCard, as well as Sofort and cryptocurrencies such as Bitcoin and Ethereum. In addition, the minimum withdrawal is 50 USD at least.
Customer Support
The support team is always at clients assistance with the best possible solutions to the queries. If so desired, please call at +35228480865 or e-mail at support@key-markets.net within a reasonable time.
Risk Warning
Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.
For traders, understanding what happens when a broker collapses is crucial. It serves as a reminder that choosing the right broker involves more than just attractive spreads and swift execution; it’s about safeguarding funds in case things go wrong.
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