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Rating Index

Pros

Established reputation with over two decades of experience in the financial services industry.
Comprehensive range of services including corporate finance advisory, capital market access, and mergers and acquisitions.
Regulated by SEBI, ensuring compliance with industry standards and protection for clients.

Cons

Limited international presence, primarily focused on the Indian market, which may restrict global investment opportunities.
Potentially higher fees compared to discount brokers, which could deter cost-sensitive traders.
User reviews indicate mixed experiences regarding customer service and platform usability.

KEYNOTE broker Accounts

keynote Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: keynote Account Types Overview

keynote Account Types Explained

Keynote offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads, no commission Up to 1:500 Basic trading features, access to educational resources Beginners to intermediate traders Forex, commodities, indices
ECN $500 Low spreads, commission per trade Up to 1:200 Direct market access, faster execution Advanced traders, scalpers Forex, cryptocurrencies
Pro $1,000 Variable spreads, low commission Up to 1:100 Advanced trading tools, dedicated account manager Professional traders Forex, commodities, indices
Islamic $500 Variable spreads, no commission Up to 1:500 Swap-free trading, compliant with Sharia law Muslim traders Forex, commodities
Demo $0 N/A N/A Practice trading without risk, access to all features All levels Forex, commodities, indices

  • Beginners: Standard Account
  • Intermediate Traders: ECN Account
  • Advanced Traders: Pro Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Part 2: keynote Account Features Comparison

Detailed keynote Account Features

The following table compares features across different account types:

Feature Standard ECN Pro Islamic Demo
Minimum Deposit $100 $500 $1,000 $500 $0
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Spreads (Typical/Minimum) Variable Low Variable Variable N/A
Commission Fees None Yes Low None N/A
Lot Size Standard Micro/Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features N/A N/A N/A N/A Full access to features

Advantages of each account type

  • Standard Account: Easy to open, no commission fees, suitable for beginners.
  • ECN Account: Lower spreads, faster execution, ideal for scalping.
  • Pro Account: Advanced tools, lower commissions, suitable for professionals.
  • Islamic Account: Compliant with Sharia law, no swap fees.
  • Demo Account: Risk-free practice, full access to trading features.

Disadvantages of each account type

  • Standard Account: Limited advanced features.
  • ECN Account: Higher minimum deposit, commission fees may apply.
  • Pro Account: Higher minimum deposit compared to others.
  • Islamic Account: Limited to Muslim traders only.
  • Demo Account: No real profits, limited duration.

Part 3: keynote Account Opening Requirements

keynote Account Registration Requirements

Eligibility Criteria:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Availability may vary by country.
  • Prohibited Countries: Specific countries may be restricted from opening accounts (check with Keynote).
  • Identity Verification Documents Needed: Government-issued ID (passport or drivers license).
  • Proof of Residence Requirements: Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

Keynote adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all traders to verify their identity and address before trading.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: keynote Account Opening Process

Step-by-Step keynote Account Opening Guide

  1. Visit Website and Click Registration: Go to the Keynote website and click on the registration button.
  2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your preferred trading settings and leverage.
  5. Document Upload: Upload the required identification and proof of residence documents.
  6. Account Verification: Wait for the Keynote team to verify your documents.
  7. Fund Your Account: Once verified, deposit the minimum required amount to activate your account.
  8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

  • Document Rejection: Ensure documents are clear and legible.
  • Email Verification Issues: Check spam/junk folders for verification emails.
  • Account Approval Delays: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

Account types can be changed by contacting customer support and providing the necessary documentation for the new account type.

Part 5: keynote Demo Account Information

keynote Demo Account Guide

Demo Account Features and Benefits

  • Practice trading without financial risk.
  • Access to all trading features and instruments.
  • Ideal for beginners to learn trading strategies.

How to Open a Demo Account

  • Visit the Keynote website and select the demo account option.
  • Fill in the required personal information.
  • Start trading with virtual funds.

Demo Account Limitations

  • Limited duration (typically 30-90 days).
  • No real profits can be made.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

Demo accounts simulate trading conditions but do not involve real money, while live accounts require real funds and can generate actual profits or losses.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30-90 days of inactivity.

Part 6: keynote Islamic Account (if available)

keynote Islamic Account Details

Swap-Free/Islamic Account Availability

Keynote offers an Islamic account option that is compliant with Sharia law.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their religious beliefs and provide necessary documentation.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

Traders can apply for an Islamic account during the registration process by selecting the appropriate option.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions and restrictions on certain instruments.

FAQs – keynote Account Types & Opening

  1. What account types does keynote offer?
  • Keynote offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: $0.
  1. How long does keynote account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does keynote offer demo accounts?
  • Yes, Keynote offers demo accounts for practice trading.
  1. Can I have multiple account types with keynote?
  • Yes, traders can have multiple account types, subject to approval.
  1. Does keynote offer Islamic/swap-free accounts?
  • Yes, Keynote offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a keynote account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, account types can be changed by contacting customer support.

KEYNOTE accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
KEYNOTE Account