All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.83
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Keytrade Bank Review

 

KeyTrade - Review Banners
 

Overall Keytrade Bank can be described as a semi-credible broker and has an overall rating of 5 out of 10. Keytrade Bank offers a maximum leverage ratio of 1:100 with a minimum deposit amount of $1/R16 and is regulated by ACPR and FSMA.

 

Keytrade Bank at a glance

Broker's NameKeytrade Bank
📍 HeadquarteredBrussels, Belgium
📅 Year Founded1998
⚖️ Regulating AuthoritiesACPR, FSMA
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:100
💰 Minimum Deposit$1/R16
💳 Deposit OptionsCredit/debit cards
Wire transfer
💳 Withdrawal OptionsCredit/debit cards
Wire transfer
💻 Platform TypesMobile Trader, Keytrade Bank own app.
MetaTrader 4
📱 OS CompatibilityWindows, web, iOS, Android
📈 Tradable assets offeredFunds
Stocks

Bonds

Trackers

Turbos

Warrants
👨‍💼 Languages supported on WebsiteEnglish, French, Dutch
👥 Customer Support LanguagesEnglish, French, Dutch
📆 Customer Service HoursMonday to Friday from 09:00 to 22:00.
👉 Open account👉 Click Here

 

Min Deposit

USD 1

Regulators

ACPR, FSMA

Trading Platform

MT4, Mobile Trader, Keytrade Bank own app

Crypto

No

Total Pairs

160

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Keytrade Bank Review – 18 Key Point Quick Overview Revealed (2025):

  1. ☑️Keytrade Bank Overview
  2. ☑️Keytrade Bank Safety and Security
  3. ☑️Keytrade Bank Pros and cons
  4. Keytrade Bank Leverage
  5. Keytrade Bank Accounts
  6. Keytrade Bank Market instruments
  7. Keytrade Bank Fees
  8. Keytrade Bank Deposit and withdrawal
  9. Keytrade Bank Trading platforms
  10. How to open an account with Keytrade Bank
  11. Keytrade Bank Customer support
  12. Keytrade Bank Education
  13. Keytrade Bank Research
  14. Keytrade Bank vs IFGM vs HFTrading – A Comparison
  15. Keytrade Bank Current Popularity Trend
  16. Conclusion
  17. Disclaimer
  18. Frequently asked questions

 

Keytrade Bank Overview

Keytrade Bank Overview

 

According to research in South Africa Keytrade Bank was founded in 1998 in Belgium under the name VMS-Keytrade.  The name changed in 2002 into Keytrade Bank and attained its banking status by acquiring RealBank.

 

Keytrade Bank was bought by Groupe Crelan in 2005 and became a 100 percent subsidiary. Today Keytrade Bank has enjoyed continual development with cutting edge technology to create simple and powerful trading platforms.

 

Their business model focusses on effectively merging the profitability of customers-investors with the bank’s own profitability.

 

Keytrade Bank also keeps their customers informed through newsletters.  They also provide warning and notification services through email or an SMS.

 

Keytrade Bank’s banking services include current accounts, savings accounts and term accounts. The bank also offers a full range of insurance services.

 

Keytrade Bank Safety and Security

One of the best benchmarks to measure the safety of a broker like Keytrade Bank, is to establish which regulating authorities are watchdogs over its actions.

 

Keytrade Bank is regulated by the French Prudential Supervision and Resolution Authority (ACPR) and by the Belgian Financial Supervision Authorities and Financial Services Market Authority (FSMA).

 

Keytrade Bank Pros and cons

✔️ Pros❌ Cons
RegulatedDormant account fee
Innovative banking appNo meta trader platforms
You can trade, invest and bank at the same placeNo social trading platforms
Excellent education modules

 

Keytrade Bank Leverage

Keytrade Bank Leverage

 

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

 

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.

 

In regards to Keytrade Bank, leverage is at 1:00.

 

Keytrade Bank Accounts

Keytrade Bank Accounts

 

A forex account at Keytrade Bank is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

 

Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

 

Keytrade Bank offers the following types of accounts: A demo account which is valid for 30 days.  For live accounts, you can have a current, savings or a term account.

 

Keytrade Bank Market instruments

Keytrade Bank Market instruments

 

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.

 

Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

 

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

 

Keytrade Bank offers the following of the above: Funds, Stocks, Bonds, Trackers, Turbos, Warrants etc.

 

Min Deposit

USD 1

Regulators

ACPR, FSMA

Trading Platform

MT4, Mobile Trader, Keytrade Bank own app

Crypto

No

Total Pairs

160

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Keytrade Bank Fees

Cost depends on different factors, like spread and margins, and Keytrade Bank clients may also experience different fee structures according to their country or place of residence.

 

The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

 

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

 

Keytrade Bank does state that accounts are free but they have a € 50 fee for dormant.  As for spreads their website does not state specific amounts that clients are charged.

 

Keytrade Bank Deposit and withdrawal

Keytrade Bank Deposit and withdrawal

 

Accounts usually requires a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

 

In the case of Keytrade Bank the following methods and minimum deposits are required: A minimum of $1 to open an account with Keytrade Bank.  There are no withdrawal fees but there is a fee for dormant accounts.

 

Keytrade Bank Trading platforms

Keytrade Bank Trading platforms

 

The forex trading platform provided by Keytrade Bank to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

 

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

 

Keytrade Bank provides Mobile Trader, Keytrade Bank’s own app and the MetaTrader 4.

 

MetaTrader 4

Keytrade Bank also offers the Meta Trader 4 platform, a Microsoft windows based application for all trading needs, specially designed for CFDs, Forex and futures trading.

 

It is focused on margin trading using custom indicators and trading programs for trading automation.

 

Mobile Trader

The Keytrade Bank mobile app can be downloaded from the App Store to iPhones and iPads. You can easily access a wide range of markets, products anytime and anywhere.

 

Investors have the ability to monitor accounts and modify orders on their own and they can be downloaded fast and efficiently.

 

How to open an account with Keytrade Bank

Similarly to a bank, to register a forex trading account with Keytrade Bank for the first time, you will be required to go through a basic “know your customer” process.

 

This will allow Keytrade Bank to ascertain that your submitted details and ensure the safety of your funds and account details.

 

Keytrade Bank Customer support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.

 

In the case of Keytrade Bank customers can reach the support team from Monday to Friday from 09:00 until 22:00 via telephone. They are also available on Skype, email, Facebook, Twitter and on their website.

 

Keytrade Bank Education

Before starting to trade, potential clients of Keytrade Bank should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

 

Keytrade Bank offers a large selection of video tutorials that you can access from their website or on YouTube. This will help you learn more about Keytrade Bank and the trading platforms and mobile apps.

 

Keytrade Bank Research

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

 

With Keytrade Bank offers a variety of tools that can help you monitor your investments. Some of these are the Global Analyzer, Idea Centre, Trading Insights and more. With these tools you can carefully screen the stock markets and react instantly.

 

Keytrade Bank vs IFGM vs HFTrading – A Comparison

🔎 Broker🥇 Keytrade Bank🥈 IFGM🥉 HFTrading
💰 Minimum Deposit$1/R16$200/R3 200$250/R4 000
📝 Sign-Up Bonus
➕ Max. Leverage1:1001:5001:400
💵 Currency Pairs16028
🚀 Open an Account👉 Open Account👉 Open Account👉 Open Account

 

Keytrade Bank Current Popularity Trend

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

 

Min Deposit

USD 1

Regulators

ACPR, FSMA

Trading Platform

MT4, Mobile Trader, Keytrade Bank own app

Crypto

No

Total Pairs

160

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

Keytrade Bank can be described as a company that makes trading easier as they present a broad range of products for private investors.

 

Keytrade bank is designed for your beginners right up to your professional traders. A unique feature is their innovative trading app that can be downloaded from google app. The app is renowned to be highly intuitive when it comes to market trends.

 

Disclaimer

Keytrade Bank warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

 

Before deciding to trade with Keytrade Bank, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

Keytrade Bank warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.

 

Keytrade Bank cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with Keytrade Bank?

You can trade several different instruments with Keytrade Bank, which include the following:

  • Funds
  • Stocks
  • Bonds
  • Trackers
  • Turbos
  • Warrants

 

Which platforms are supported by Keytrade Bank?

Keytrade Bank provides the following popular trading platforms:

  • Mobile Trader
  • MetaTrader 4
  • Keytrade Bank own app.

 

Does Keytrade Bank offer leverage?

Yes, Keytrade Bank offers a maximum leverage of 1:00

 

What spreads can I expect with Keytrade Bank?

More information can be obtained from the customer support service.

 

Does Keytrade Bank charge commission?

Yes, more information on commissions can be obtained from the customer support service.

 

Is Keytrade Bank regulated?

Yes, Keytrade Bank is regulated by ACPR and FSMA.

 

Is Keytrade Bank a recommended forex trading broker for experts and beginners?

Keytrade Bank offers a fair trading environment for experienced traders.

 

What is the overall rating out of 10 for Keytrade Bank?

5/10

 

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

 

Does Keytrade Bank offer a demo account?

Yes

 

How long is the demo account valid?

The demo account can be used for 30 days

 

Which live trading accounts does Keytrade Bank offer?

  • Current
  • Savings
  • Term

 

What are the available deposit currencies for a live trading account?

EUR, GBP, USD

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for Keytrade Bank?

$ 1

 

How do you make a deposit and withdrawal with Keytrade Bank?

Keytrade Bank offers the following deposit and withdrawal methods:

  • Credit/Debit cards
  • Bank wire

 

Withdrawals can be done via:

  • Credit/Debit cards
  • Bank wire

 

Does Keytrade Bank charge withdrawal fees?

Yes, the different amounts can be found on the company homepage.

 

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.

1.5/5 - (20 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 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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