FXKEY LTD
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 | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | No Regulation |
| Market Instruments | Forex, Indices, Stocks, Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.4 pips (Standard account) |
| Trading Platform | MetaTrader 5 (MT5) |
| Min Deposit | $250 |
| Customer Support | Tel: +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.
Pros and Cons
| Pros | Cons |
| Multiple trading products | Non-functional website |
| Diverse account types | No regulation |
| Demo accounts available | High minimum deposit |
| Flexible leverage ratios | Unknown payment methods |
| MT5 platform | |
| Comprehensive customer support |
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?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Futures | ❌ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| STANDARD | $250 |
| VIP | $5 000 |
| ECN | $15 000 |
Leverage
FXKEY LTD offers a maximum leverage up to 1:500. Note that high leverage can amplify both profits and losses.
| Account Type | Max Leverage |
| STANDARD | 1:500 |
| VIP | 1:400 |
| ECN | 1:100 |
Spread and Commission
| Account Type | Spread | Commission |
| STANDARD | From 1.4 pips | ❌ |
| VIP | From 0.9 pips | ❌ |
| ECN | From 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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Mac | Experienced traders |
| MT4 | ❌ | / | / |
Read more
Admirals Resumes EU Client Onboarding After Pause in 2024
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
How to Withdraw Funds from Pocket Option?
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade Review 2025: Trading Accounts, Demo Account, and Withdrawal to Explore
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit Broker Review
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.
WikiFX Broker
Latest News
How Do You Make Money in the Forex Market in March 2025
WikiFXEurope’s High-Stakes Gamble: Can It Bridge the U.S.-Ukraine Divide?
WikiFXCrypto Trading: New Trend among Indian Youth
WikiFXBotbro Creator, Lavish Chaudhary Unveils New Project
WikiFXIs TUOTENDA a cryptocurrency scam primarily targeting men over the age of 50?
WikiFXCanada to Enforce Retaliatory Tariffs if U.S. Duties Persist
WikiFXUnbelievable! Is the Yen Really Gaining Strength?
WikiFXFirst UK Criminal Conviction for Unregistered Crypto ATMs Involves Over £2.5 Million
WikiFXConsob Exercises MICAR Authority for the First Time, Shutting Down Unregistered Crypto Website
WikiFXTD Bank Appoints Guidepost Solutions for AML Compliance Oversight
WikiFXRate Calc
