All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.68
Rand / Euro = 19.72
Gold (usd/oz) = 3 056.50
Platinum (usd/oz) = 986.14
Brent (usd/barrel) = 73.10
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Key to Markets Review

Key to Markets Review ZAR

 

Overall, Key to Markets is very competitive in its trading fees and spreads. Their spread is super low compared to other FSCA-regulated brokers and there are no hidden trading fees, and commission with Pro account is very straightforward. Their Standard and Pro Account also has super low spreads.

 

Key to Markets at a Glance

 

Broker's NameKey to Markets
🏛️ HeadquartersLondon, UK
📅 Year Founded2010
⚖️ Regulating AuthoritiesFCA and FSC
📎FCALicense number GB19024503
🌐 Countries not accepted for tradeUnited States, Iran, New Zealand, North Korea not accepted
📌 Accounts MT4 Standard; MT4 Pro
☪️ Islamic account (swap-free)Yes
📒 Demo AccountYes
✴️ Institutional AccountsYes
👨🏼‍💼 Managed AccountsYes
⬆️ Maximum Leverage1: 500
👉 Sign Up Bonus No
💰 Minimum Deposit$100 USD / R1600 ZAR
💫Leverage up to 1:500
Spread1.0 pip + ECN raw spread /
💳Commission€0.06 / $0.08 Round Turn per Microlot (0.01)
💳 Deposit OptionsVisa
MasterCard
Maestro
Skrill
Neteller
Sticpay
SEPA
UnionPay
Bank Wire Transfer
AliPay
💳 Withdrawal OptionsVisa
MasterCard
Maestro
Skrill
Neteller
Sticpay
SEPA
UnionPay
Bank Wire Transfer
AliPay
📊 Platform TypesMetaTrader 4, FIX API
📶 OS CompatibilityDesktop, web, windows, Android, and iOS
📈 Tradable assets offeredForex, Indices, Commodities and Shares
💬 Languages supported on WebsiteEnglish and Spanish
💬 Customer Support LanguagesEnglish and Spanish
⏲️ Customer Service Hours24/5
🔎 Open an Account👉 Click Here

 

Min Deposit

USD 100

Regulators

FCA

Trading Platform

MT4, FIX API

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our Key to Markets review below.

 

Key to Markets Review – 18 key point quick overview:

 

  1. ✔️Key to Markets at a Glance
  2. ✔️Key to Markets Overview
  3. ✔️Key to Markets Safety and Security
  4. Key to Markets Sign Up Bonus
  5. Key to Markets Minimum Deposit
  6. Key to Markets Demo Account
  7. Key to Markets Account Types
  8. Key to Markets Market Instruments
  9. Key to Markets Fees
  10. Key to Markets Deposit and Withdrawal
  11. Key to Markets Trading Platforms
  12. Key to Markets vs Exness vs XM – a Comparison
  13. Key to Markets Customer Reviews
  14. Key to Markets Pros and Cons
  15. Key to Markets Conclusion
  16. Key to Markets Disclaimer
  17. Frequently Asked Questions

 

Key to Markets Overview 

 

Key to Markets Review

 

According to research in South Africa, Key to Markets, although originating in New Zealand, currently operates within Europe and the Middle East with its headquarters in the UK. Key to Markets offers institutional, corporate, and individual clients online financial trading solutions.

Key to Markets offers traders a range of financial instruments including Forex, CFDs, and futures along with the provision of direct access to the interbank network. Its offering includes of a trading experience that is innovative and complete.

Key Markets has a team of experts who are dedicated to clients in providing approaches that are not only effective but also transparent. Key to Markets NZ Ltd. is a wholly-owned subsidiary of Key to Markets Limited.

Key to Markets strives to offer clients the best innovative technology and the best services and most competitive spreads and trading conditions available on the market.

The company is also partnered with Forex Nations CIC, which means that Key to Markets, through legal commitment, is obligated to donate at least 65% of the company profit to underserved entrepreneurs located right around the globe through a Microcredit System.

 

Key to Markets Safety and Security

 

Key to Markets Regulated Broker

 

As a UK company, Key to Markets is not only regulated but also authorized by the FCA, which is one of the strictest and most demanding regulating authorities.

 

One of the key compliances of the FCA is that client funds be held in segregated accounts completely apart from other funds and this prohibits Key to Markets from using client funds for any operational reasons.

 

In addition, Key to Markets is also registered in New Zealand with additional membership in FSCL. This includes being a member of the External Disputes Resolution scheme which settles disputes that may arise between the company and clients.

 

Key to Markets’ Dubai company is also regulated by the DMCC, with a license that allows for trading along with the provision of legal financial services.

 

Key to Markets also provides clients with customer protection through procedures that have been implemented along with strict operational standards, making it not only a reputable but a trusted broker.

 

Key to Markets Sign Up Bonus

 

Key to Markets Signing up details

 

A Sign Up Bonus is not offered by Key to Markets.

 

Key to Markets does not offer a welcome bonus, deposit bonus, or the advantage of a no-deposit bonus when traders register a real account for the first time.

 

Key to Markets Minimum Deposit

 

⭐ Features ℹ️ Information
🏛️ RegulationFCA, RFED
💰 Minimum DepositNone
📊 Average spreads from1.6 pips
💹 Commissions from$0.01 / R0.16 ZAR per trade
💳 Deposit / Withdrawal feesNone
📊 Maximum leverage1:100
🔥 BonusNone
☎️ Customer support24/5
📊 Forex Pairs84
🪙 Inactivity feeYes
🔁 Spreads from1.0 Pips
🔎 AccountStandard and MT4
💻Trading PlatformsWeb Trader platform, MetaTrader4
🆓 Demo AccountYes
🪙 CryptocurrencyYes
📊 Spread TypeVariable
🎉 Sign-Up BonusNo
📌 Spread BettingYes
⚙️ Markets13'500+
📧 Email/SMS AlertsYes
🇿🇦 ZAR accountsYes
☎️ South African Telephone Number010 449 4445.
👉Open Account👉 Open Account

 

The minimum deposit amount required to register a Key to Markets trading account is $100 USD. This minimum deposit is equivalent to R1600 ZAR at the current exchange rate between the  South African Rand & United States Dollar.

 

Key to Markets Demo Account

 

Key to Markets Demo account registration

 

Key to Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Key to Markets demo account expires after 60 days.

 

Key to Markets Account Types

 

💠Feature📈 Standard Account 📈 Premium Account 📈 VIP Account 📈 Live Zero Fixed Spread Account 📈 STD/ECN Account
📊 CFD InstrumentsForex, Metals,
Indices, Commodities,
Futures, Shares
Forex, Metals,
Indices, Commodities,
Futures, Shares
Forex, Metals,
Indices, Commodities,
Futures, Shares
Forex, Metals,
Indices, Commodities
Forex, Metals,
Indices, Commodities
📈 SpreadsFloating from 1.8 Fixed to 2.2Floating from 1.6 Fixed to 1.8Floating from 1.4 Fixed to 1.6Fixed to 0from 1.7
💵 CommissionNoNoNoYesNo
💳 Leverage100010001000500200
👉 Open an Account👉 Click Here👉 Click Here👉 Click Here👉 Click Here👉 Click Here

 

As Key to Markets strives to offer clients solutions tailored to their needs, traders can choose between two accounts offered by this broker. MT4 Standard account & MT4 Pro account.

 

The Metatrader Standard account has similar features to that of the Pro Account, except that the spread is 1.0 pip + raw spread.

 

Key to Markets offers professional traders access to two PAMM Accounts such as the Money Manager (Master Trading) Account and a Commission Account.

 

The difference between the two accounts is that the Money Manager Account allows for funds to pool while the Commission Account is where all fees paid to the trader can be withdrawn directly.

 

Key to Markets also offers access to a Key to Saving Account. This account is an account where traders can deposit their unused margins which are then eligible to earn interest.

How to open a Key to Markets account

1.  Step 1 – Register an account

 

The opening of an account with Key to Markets requires the completion of an online application. Navigate to the Key to Markets website and select the “Open a Real Account” 

 

Key to Markets Open an account

 

2.  Step 2 – Complete Questioner

 

The first section provides the registration details with the basic information needed from the applicant. Upon completion of the form, an email with a pin number and confirmation link is sent to the applicant’s email address to complete the registration. Thereafter you will be redirected to a questionnaire for completion.

 

Key to Markets Registration of account

 

3.  Step 3 – Download MT4 Platform

 

A list of documentation to be supplied by the trader will be displayed.  Once all requested documents are sent and approved account will be activated and MT4 platform will need to be downloaded.

 

Key to Markets Account registration

 

 

Min Deposit

USD 100

Regulators

FCA

Trading Platform

MT4, FIX API

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

Key to Markets Market Instruments

 

Key to Markets Forex Trading

 

Key to Markets offers traders the opportunity to trade the following instruments:

 

Key to Markets Fees 

 

Key to Markets Fees

 

Key to Markets offers traders variable spreads and MT 4 Pro account holders can trade within raw spreads that start from as little as 0.0 on EUR/USD.

 

The commission fee which is charged on the MT 4 Pro account is $4 per lot per side, whereas the MT 4 Standard account does not have a commission charged on trading.

 

Both the MT 4 Pro and Standard accounts have a minimum deposit of $100. Traders also need to take note of rollover of swap fees which are charged on positions that are held longer than a day. These fees are determined according to each financial instrument.

 

Key to Markets Deposit and Withdrawal 

 

Key to Markets Withdrawals

 

Key to Markets accepts the following payment methods when deposits are made:

  • Credit/Debit Cards – although there are restrictions that apply to certain countries
  • Skrill (only for use by clients outside of Europe)
  • Neteller
  • Sticpay

 

All deposits made using the above-mentioned payment methods are subject to a 2.5% deposit fee which is applied by the payment provider. To avoid such fees, traders need to make use of Bank Wire Transfer with which to deposit funds.

 

Bank Wire Transfers have no commission charged to transactions when deposits into the trading account is made. Bank Wire Transfer can either be made in EUR or in USD.

 

There are several ways to withdraw funds from the trading account. Skrill or Neteller transactions take up to 48 hours before funds reflect in the trader’s account.

 

By using either Neteller or Skrill, there is a 1% withdrawal fee in comparison with using Bank Wire Transfers to which there are no additional fees charged, although it takes longer (up to 2 business days) for funds to reflect.

 

Withdrawals processed through Bank Wire Transfer can either be done in EUR or in USD.

 

Key to Markets Trading Platforms 

 

⭐ Features ℹ️ Information
🏛️ RegulationCentral Bank of Ireland, MiFID, ASiC, BVI
💰 Minimum Deposit$100 / R1600 ZAR
📊 Average spreads from0.9 pips
💹 Commissions fromNo commission on Forex
💳 Deposit / Withdrawal feesNone
📊 Maximum leverage1:400
🔥 BonusFirst Deposit Bonus
☎️ Customer support24/5 - multilingual
👥 Account TypesStandard, Plus, Professional, Islamic.
📈 Leverage1:400, EU - 1:30 and 1:400 (Professional Accounts)
🔘Products OfferedForex, CFDs on stocks, indices, commodities, cryptocurrencies, and ETFs.
👍 Demo / Practice AccountYes, 100% Free
💰 Spreads0,9 pips
🚀BonusOpen a trading account in 1 minute
and receive up to $10 000 Bonus.
💵 Account currenciesAUD, JPY, GBP, USD, EUR, CHF
📙 EducationSharp Trader, Videos, Articles, Webinars, eBook.
💳 Withdrawal and Deposit OptionsBank Wire Transfer, Credit/Debit Card, PayPal, WebMoney, Neteller, Skrill
🇿🇦 ZAR accountsYes, Avatrade offers ZAR trading accounts
☎️ South African Telephone Number010 594 1353
👉 Open an Account👉 Open Account

 

Key to Markets mainly makes use of MetaTrader 4 as a trading platform as this platform can be accessed across a variety of devices, providing traders with ease of access either at their desktops or on their mobile phones, laptops and tablets when they are on the go.

 

API FIX

This trading platform is only available to traders with:

  • A minimum of €5000 deposit
  • Minimum 500 lots RT per month. If this requirement is not met, there is a fee of €500 which is applied

 

API FIX provides traders who use proprietary algorithms ease of access to the Key Markets server along with access to price data Feeds and the opportunity to avoid having to use intermediation software.

 

In avoiding this software, traders can quickly and directly access markets using their own programs.

 

With Key to Markets, traders can run the Myfxbook AutoTrade system. An AutoTrade account allows a trader to link their MT 4 trading account to a trading system of their choosing.

 

By using this system there are no installations or downloads required, the best systems are handpicked, and so much more.

 

Key to Markets Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇 UK34.48%
🥈 Italy 29.93%
🥉 Bulgaria15.79%
🥉 Czech Republic4.20%
🥉 Spain4.19%
🥉 Others11.41%

 

Key to Markets Geographic

 

Key to Markets vs Exness vs XM – a Comparison

 

🔎 Broker🥇 Key to Markets🥈 Exness🥉 XM
EstablishedEstablished in 2010Established in 2008Established in 2009
💵 Min. Deposit$100 USD / R1600 ZAR$1 USD / R16 USD$5 USD / R80 ZAR
💳 Inactivity FeeNoYesYes
☪️ Islamic Account 📌 YesYesYes
🎉 Demo AccountYesYesYes
👉 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Key to Markets Current Popularity Trend

 

According to Google Trends, here is an overview of how frequently the search term – “Key to Markets” is entered into Google’s search engine over a given period of time

 

 

Key to Markets Customer Reviews

 

Key to Markets Trustpilot score

 

Generally good experience with them.

Generally good experience with them. Had a copy-trader running on their platform for a year and some FOREX robots that were terrible but generally they were helpful when i contacted them and they care about their service. Good Platform.

 

Key to Markets Trustpilot reviews

 

Have been trading with them for about 8…

have been trading with them for about 8 months, all seems to be good, PAMM’s are making steady and regular profits,
overall great experience

 

Key to Markets Trustpilot reviews

 

Key To Markets is a great broker to…

Key To Markets is a great broker to trade fx and index. I have been with them since 2018 and always had good service and execution. Hope they introduce soon ETFs.

Key to Markets Trustpilot reviews

 

Key to Markets Pros and Cons 

 

✔️ Pros❌ Cons
Regulated and authorized by the FCAUS Clients not allowed
NDD environmentNo Live Chat option
Attractive spreadsNo provision made for FAQ
Substantial amount of payment methodsNo referral bonus offered
Offers competitive and attractive trading conditionsNo trading bonus for loyal customers
Commission free trading offered on the MT4 Standard accountNo welcome bonus, deposit bonus, and no other broker bonuses offered with first time sign up
MetaTrader 4 offeredClients United States, Iran, New Zealand, North Korea not accepted
Segregated client funds usedFew base currencies accepted
Various payment methods offeredOnly two live account type offered
Competitive trading conditionsFew base currencies accepted
No commissions charged on the MT4 Standard accountSpreads are not the tightest
Regulated through FCA and FSCDeposit fees and withdrawal fees are charged
Transparent fee schedule

 

Min Deposit

USD 100

Regulators

FCA

Trading Platform

MT4, FIX API

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Key to Markets Conclusion 

 

Overall, Key to Markets can be summarized as a trustworthy, reliable broker that offers trading through 2 account selections, MT4 Standard & MT4 Pro. The minimum deposit amount is $100 USD / R1600 ZAR and the leverage ranges up to 1:50.  Key to Markets offers traders not only competitive pricing, spreads, and trading conditions but also offers trading in a safe environment with the provision of innovative technology and security.

Key to Markets provides access to several financial instruments along with the use of trusted trading platforms such as MetaTrader 4 which can be used on a variety of devices to ensure that traders have access to their accounts and can trade from anywhere.

Key to Markets’ fees are relatively low in comparison with that of other brokers and the maximum leverage offered is also quite decent. The initial minimum deposit on all account types is also low.

Although, the lack of educational tools on the website indicates that this is not a broker that is well suited for beginner traders, but more traders who have a better understanding of trading along with more advanced skills, knowledge, and experience in trading.

Overall, Key to Markets is reputable and trusted broker seeing that it is strictly and fully regulated and authorized by the FCA and DMCC.

 

You might also like: Key to Markets Account Types Overview

You might also like: Key to Markets Demo Account – Step by Step

You might also like: Key to Markets Fees and Spreads

You might also like: Key to Markets Minimum Deposit

You might also like: Key to Markets Sign up Bonus

 

Key to Markets Disclaimer 

 

Key to Markets Funding Methods

 

There is a high level of risk which is involved in the trading of margined foreign exchange, CFDs, and other financial instruments. This level of risk may not be suited for all traders.

Traders need to acknowledge that the risks involved with trading financial instruments may result in great losses, including losses which may exceed the initial deposit. Traders should not speculate with more money than they can afford to lose.

The products and information provided on the website by Key to Markets should not be considered recommendations or encouragement towards investing in financial instruments.

Key to Markets will also not be liable or accountable for decisions that arise from decisions made according to the information provided. Traders are solely responsible for any loss or damage that they incur.

Should traders feel the need to do so, they can consult independent third-party advisors to further aid them in making decisions that are more suited to them, their objectives, their willingness to risk and their level of experience in trading, According to research in South Africa.

 

 

Frequently Asked Questions

 

 

Is Key to Markets a fake or scam?

 

No, Key to Markets is not a fake or scam broker as it is regulated and overseen by one of the strictest regulators, the FCA in the UK and is also registered in New Zealand with membership in FSCL. In Dubai the broker is regulated by the DMCC.

 

What type of broker is Key to Markets?

 

Key to Markets is an ECN broker providing ECN Raw Spreads

 

Which trading platforms are supported by Key to Markets?

 

Key to Markets makes use of MT4 & FIX API trading platforms.

 

What is the minimum deposit for Key to Markets?

 

Key to Markets minimum deposit requirement is $100 USD. This minimum deposit is equivalent to R1600 ZAR at the current exchange rate at the time of writing.

 

What is the overall rating for Key to Markets out of 10?

 

Key to Markets overall rating is 9/10.

 

There are no reviews yet. Be the first one to write one.


 

4.4/5 - (16 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 3, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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