KEYMARKETS Forex Broker

Note: KEYMARKETS's official website - https://key-markets.net/ is currently inaccessible normally.KEYMARKETS Review SummaryFounded/Registered Country/RegionAzerbaijanRegulationNo regulationMarket Instruments50 or so currency pairs, cryptocurrencies, CFDs on commodities, metals, indices, stocksDemo Account✅LeverageUp to 1:300SpreadFrom 1.5 pips (Bronze account)Trading PlatformMT4Min Deposit$250Customer SupportTel: +3 522 848 0865Email: support@key-markets.netKEYMARKETS 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 ConsPros Cons Various trading productsInaccessible websiteDemo accountsNo regulationMultiple account typesInactivity fee chargedMT4 platformHigh minimum deposit requirementPopular payment optionsIs 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 TypeMin DepositBronze$250Silver$2,000Gold$100000Platinum$50,000Leverage 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 TypeSpreadBronzeFrom 1.5 pipsSilverFrom 2.5 pipsGoldFrom 2.8 pipsPlatinumFrom 0.1 pipsTrading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔DesktopBeginnersMT5❌/Experienced tradersDeposit 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.