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No Regulation
Score
1.51 /10
Danger
KEYMARKETS
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.02
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-28
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: KEYMARKETS's official website - https://key-markets.net/ is currently inaccessible normally.
| KEYMARKETS Review Summary | |
| Founded | / |
| Registered Country/Region | Azerbaijan |
| Regulation | No regulation |
| Market Instruments | 50 or so currency pairs, cryptocurrencies, CFDs on commodities, metals, indices, stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:300 |
| Spread | From 1.5 pips (Bronze account) |
| Trading Platform | MT4 |
| Min Deposit | $250 |
| Customer Support | Tel: +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.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Inactivity fee charged |
| MT4 platform | High minimum deposit requirement |
| Popular payment options |
Is KEYMARKETS Legit?
No. KEYMARKETS currently has no valid regulations. Please be aware of the risk!
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 Type | Min 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 Type | Spread |
| Bronze | From 1.5 pips |
| Silver | From 2.5 pips |
| Gold | From 2.8 pips |
| Platinum | From 0.1 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop | Beginners |
| MT5 | ❌ | / | Experienced traders |
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.
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