Key To Markets review and ratings

Established 2010
Location New Zealand UK UAE
Regulation FSPR, FCA, DMCC
Offices Auckland, London, Dubai
Broker type ECN
Leverage up to 1:500
Deposit from 100 USD
Spreads mid  mid
Platforms MetaTrader 4 FIX API (protocol)
Instruments Currencies Crypto Indices Metals Energies Softs Stocks Bonds
Funding methods Wire Transfer Credit Cards Skrill Neteller UnionPay

Company information

Key To Markets group includes 3 related companies.

Key To Markets NZ - located in New Zealand, regulated by the Financial Service Providers Register (FSPR).
Key To Markets UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
Key To Markets UAE - located in the United Arab Emirates, regulated by the Dubai Multi Commodities Centre (DMCC).

Be aware, UK company ;has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
At the same time, NZ company accepts European traders, so one can open a trading account there.

Availability

Key To Markets group accepts clients from all over the world, excluding USA, New Zealand, Iran, North Korea and some other countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

100+ Currency Pairs Based on major and minor world currencies.
7 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple.
16 Indice CFDs Based on baskets of different blue-chip stocks and US Dollar Index.
5 Metal CFDs Based on Gold and Silver, Platinum, Palladium, Copper.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
4 Soft CFDs Based on Cocoa, Coffee, Sugar, Orange Juice.
1 Bond CFD Based on German Bund.
60+ Stock CFDs Based on shares of US and EU companies.

Comprehensive review

Key to Markets is a broker that was set up in 2010, and now has 3 offices scattered around the world, located in the United Kingdom, New Zealand, and Dubai. The broker is regulated by government regulators in all three locations, which makes Key to Markets a heavily regulated and trustworthy broker for traders from all over the world.

Since the European branch of the broker is regulated in the UK, EU-based traders may face certain restrictions such as lower available trading leverage compared to their peers in other parts of the world. However, this can be circumvented by signing up with the New Zealand-registered branch, which fortunately also accepts European traders.

Key to Markets offers a large selection of trading instruments, ranging from over 100 forex pairs, to CFDs based on a variety of cryptocurrencies, stock indices, commodities, government bonds, and individual shares of more than 60 major American and European companies.

Maximum available trading leverage goes up to 1:500 with Key to Markets, which is fairly high compared with many other regulated forex brokers. Such a high trading leverage means that even traders with small trading accounts will be able to make meaningful profits in the market, given the right discipline and risk management techniques. In order to start trading with the broker, the only requirement is to make a minimum deposit of USD/EUR 100.

Key to Markets accepts a range of payment methods for deposits and withdrawals, including the popular e-wallet services Skrill and Neteller, credit and debit cards like Visa, MasterCard, and UnionPay, and bank wire transfers. Out of these, bank wire transfer is the only option that is free of any processing fees from the broker’s side, and the trader will only have to pay his or her own bank the necessary transaction fee.

Key to Markets has chosen the traditional forex broker path of focusing exclusively on the MetaTrader 4 (MT4) as its trading platform. This is a platform that has remained popular among retail traders for many years now, and given its vast library of trading algorithms (“Expert Advisors”), it is easy to understand why.

The broker further offers two account types that each caters to separate segments of traders via the MT4 platform: MT4 Standard and MT4 Pro. The main difference between these is that the Pro account offers far better spreads, but with a commission of EUR 0.06 or USD 0.08 round-turn per microlot, while the Standard account comes with wider spreads and commission-based trading.

A unique feature offered by Key to Markets is their “Key to Savings” account, whereby traders can deposit unused margins and earn interest while waiting for the right time to enter the market with the rest of their capital. Leaving capital untouched in an MT4 account seems rather wasteful, and the Key to Savings account therefore offers the opportunity to earn money with the money that is not being used for anything else. Although it mainly benefits traders with very large trading accounts, this is a nice extra feature that we would also like to see other brokers introduce in the future.

Lastly, customer service can be reached conveniently via local UK and NZ phone numbers, email, and live chat. Unfortunately, phone support is only between 9 am and 6 pm London (GMT) time on weekdays, which means there is nobody to talk to if a trader experiences problems outside of regular working hours.

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