KEYMARKETS-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-31 13:37

Абстракт：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.

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
Customer Support	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.