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Score
Canada
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index5.94
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
keyfxmarkets
Company Abbreviation
keyfxmarkets
Platform registered country and region
Canada
Company website
Company summary
Pyramid scheme complaint
Expose
Basic | Information |
Registered Countries | Canada |
Regulation | No License |
Minimum Deposit | N/A |
Maximum Leverage | N/A |
Minimum Spread | N/A |
Trading Platform | MT5 (allegedly), Mobile App |
Trading Assets | Forex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrency, and Bonds |
Payment Methods | N/A |
Customer Support | Phone, Email, Online Chat |
General Information
keyfxmarkets is an offshore broker registered in Canada, giving their clients access to a wide selection of trading instruments, including Forex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrency, and Bonds. Many essential details are not presented on this brokers official website, such as fees schedule, mobile app, and more.
keyfxmarkets is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.10/10. Please be aware of the risk.
Market Instruments
With the keyfxmarkets platform, investors are provided access to a huge financial market, a total of 8 classes of trading assets covering Forex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrency, and Bonds.
Deposit Bonus
Up to 50% deposit bonuses are provided by keyfxmarkets, which means if you deposit $300 into your account, with $150 as a bonus, then you can get $450 in total.
Leverage
Keyfxmarketsd does not elaborate on what trading leverage it provides. However, investors should know that the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
What keyfxmarkets provides is not the MT4 OR MT5 trading platform, a mobile app instead.
For more details, you have to log into your personal account to check.
Besides, although this broker says that it provides the MT5 trading platform, we could not find download link, which is quite weird.
Customer Support
Clients who have any inquiries or trading-related issues can get in touch with this broker through the following contact channels:
Telephone: +1 604-245-2848
Email: support@Keyfxmarkets.com
Company Address: Kings Crossing, 7300 Edmonds St #609, Burnaby, BC V3N 0G8, Canada
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Pros | Cons |
MT5 trading platform | No License |
Wide selection of trading assets | Website information not transparent |
Live chat supported |
Frequently Asked Questions
What trading instruments can I trade with on keyfxmarkets?
keyfxmarkets offers access to Forex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrency, and Bonds.
What is the minimum deposit required by keyfxmarkets?
The minimum deposit required to trade with keyfxmarkets is not disclosed.
What trading platform does keyfxmarkets offer?
Keyfxmarkets boasts that it provides the MT5 trading platform.
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