FXKEY LTD

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

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.

Pros and Cons

Is FXKEY LTD Legit?

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.

What Can I Trade on FXKEY LTD?

Account Type

Leverage

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

Spread and Commission

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.