Key to Markets was formed in London in the year 2020. New Zealand and Mauritius are home to further organizations. The Financial Conduct Authority in the United Kingdom and the Financial Services Commission in Mauritius both regulate the corporation. The company bills itself as a real ECN broker, with quick execution, clear pricing, and a wide range of margin trading solutions. Private traders as well as institutional investors and businesses are served by the broker.
ECN trading is available on a wide range of assets, including over 65 currency pairings with 8 main and 11 exotic base currencies. On four major stock exchanges, there are 14 index CFDs and over 60 worldwide stocks. 5 of the most prominent cryptocurrencies, as well as metals, energy, and soft commodities, are available for trading. A single bond is also available for purchase.
MT4 has an easy-to-use interface and advanced automated trading features. Hundreds of customizable indicators, real-time prices, nine periods, and a historical data stream are all available on the site. Beginner-friendly features like the easy-to-use dashboard and customized charts make this platform ideal for both beginners and experts.
MT4 may be accessible from a mobile phone, allowing you to trade while on the road and from numerous devices at once. Traders may access all sorts of orders and execution mechanisms, as well as check their entire trading history. The app has the majority of the same functionality as the desktop version, although there are fewer customizable tools and indications. MT4 can be downloaded through the various app stores for iOS and Android smartphones.
The FIX API, which is designed for more complex trading, allows customers to connect to the broker’s data stream for lightning-fast order routing. Traders can now connect directly to the broker’s liquidity pools without having to use the MT4 client. Advanced traders who currently use algorithms and black box tactics will benefit from the platform. Users must have at least 5000 euros in their trading account and execute at least 500 lots per month to access the platform.
Standard and PRO live accounts are available from the company. The only difference between the two accounts is the commission structure: a basic account has no commission, while a PRO account has a $ 6 or $ 8 per lot commission.
Both accounts are ECN executable and require a minimum deposit of 100 EUR / USD as well as a 0.01 lot trade size. There is no maximum trade size, and the margin and stop-out requirements are both set to 120 percent and 100 percent, respectively. For clients and money managers wishing to diversify their portfolios, the broker also offers social PAMMs.
The company offers a free MT4 demo account that allows you to see actual market data while playing with virtual money. A demo account is an excellent place to start if you want to try out a broker, a new strategy, or download MT4. On the broker’s home page, you can sign up for a demo account.
The spreads are determined by which of the two accounts you select. The regular account does not incur a commission, however, the unprocessed spread is subject to a 1 pip markup. The Pro account uses raw spreads but charges a $ 0.08 per micro lot commission. For key currencies like EUR/USD, raw spreads are about 0.4 pips, while for gold, they’re approximately 2.8 pips.
Both types of accounts have a high leverage limit of up to 1: 500. Leverage can be a strong instrument for raising earnings and speculating on market moves, but if risks are not managed properly, it can also raise losses.
Bank transfers, card payments, e-wallets, UnionPay, and AliPay are among the ten financing options offered by the broker. Except for bank transfers, which take 2–4 days, most of the methods are quick. E-wallets, UnionPay, AliPay, and Visa/Maestro cards all have a 2.5 percent commission. Payments made via bank transfer, SEPA transfers, and Mastercard are all free. Wire Transfer, Skrill, Neteller, and Sticpay are the four withdrawal methods offered, each of which takes one business day to process. Bank transfers are free of charge, but all other methods come with a 1% commission.
Although it is small in comparison to other brokers, the Blog area contains instructional content and market research. Myfxbook Autotrade, the broker’s social copy trading program, allows traders to mimic the methods and behavior of other successful traders in an automated setting.