On-line since: About the company: Key to markets (KTMarkets) is a New Zealand brokerage company that provides institutional, corporate and private clients around the world with access to financial markets. KTMarkets is the trade name of Key to Markets NZ Ltd., which is owned by the British company Key to Markets Ltd., regulated by the FCA. The broker offers order execution via the NDD model, 40 currency pairs, CFDs (on indices, metals and commodities) and futures trading. Safety of funds Key to Markets NZ Ltd does not work with residents of New Zealand, is not licensed or controlled by any New Zealand regulatory agency. Key to Markets NZ Ltd. guarantees safety of clients' funds as the company is listed in the Financial Service Providers Register (FSPR) under No. FSP296226 as a member of the New Zealand Program for external dispute resolution (EDR). It provides an opportunity to receive compensation in the amount of up to $200,000 in the event of the broker’s bankruptcy. Key to Markets Ltd is regulated by the FCA and has the right to operate in the European Union in accordance with the rules of the MiFID directive. Trading conditions There are 3 types of live accounts in the company: MT4 Standard, MT4 Pro, and KTM Trader FX. The owners of MT4 Standard and MT4 Pro accounts have access to the forex market via the popular MetaTrader 4 platform. The KTM Trader FX account is developed for experienced traders and allows them to use complex automatic algorithms. The broker also offers the KTM Trader Futures account designed for futures trading. Minimum initial deposit The minimum initial deposit required by KTMarkets is 100 euro or US dollars. This is an average amount, but some companies offer trading with a $1 deposit. Commissions and spreads Since KTMarkets is an NDD broker, it offers variable spreads. Fees for account holders of MT4 Pro and KTM Trader FX start from 0 pips for EUR/USD. The commission on MT4 Pro is $4 per lot for one side, while holders of the KTM Trader FX accounts pay $3.5 per lot. The MT4 Standard account offers ECN execution and higher spreads as there is no commission. As for CFDs, average fees are typical for the industry: EUR/AUD/USD 0.10 for most indices (such as AUS200p, EU50p, FRA40p); $1 for silver and gold. Leverage The maximum level of leverage offered by KTMarkets is 1:500, which is relatively high, since most brokers usually offer a leverage of up to 1:200 or 1:400. In our rating you can find brokers offering a 1:500 leverage or higher. Trading platforms KTMarkets offers its clients two trading platforms - the popular MT4 and its own platform KTM Trader. The KTM Trader platform requires a significantly higher initial deposit ($10,000), while the maximum level of leverage is lower (1:100). However, the KTM Trader platform offers advanced functions for automatic execution of complex algorithms. Moreover, this platform allows you to trade futures. Despite this, it is likely that many traders will prefer the standard MetaTrader 4, as this is the most popular trading platform that offers a higher level of leverage and a smaller initial deposit. Both MT4 and KTM Trader are available for mobile devices. Bonuses and promotions KTMarkets offers monthly discounts of up to $60 per month to the owners of Trader FX accounts, which sell large amounts (more than 50 lots per month). Payment methods KTMarkets supports various payment methods: bank cards (Visa and MasterCard), bank transfer, SEPA, NETELLER, Skrill, Postepay, WebMoney, Sofort, Neosurf, UnionPay, Giropay, and paysafecard. Advantages:
Disadvantages:
1/10
(votes 2189)
Add comment
Interested in other brokers?
7
0
After I opened an account at KTMarket, I tried to make a deposit but the all process isn't easy, many terms and conditions at this broker. I am increasingly thinking about continuing trading here because it seems that the withdrawal process is not easy.
KT Markets is a genuine broker. I have attached with them 6 months ago with $450 and I am totally satisfied with the result. Spreads are very little near 1.5 pips on all major pairs. As for their execution, usually, there are excellent fills, sometimes not, in particular, during the main economic news. During these 6 months, I have opened 400+ trades. All of my trades were executed properly. Compared with other brokers slippage at KT Markets was acceptable. Therefore, my fund grows to $975 now, it is awesome. I am yet to test their withdrawal system but I heard that their withdrawal system is very easy and quick.
I would never trust KT Markets broker on their unfair tactics. Easy to deposit and no way to withdraw I can tell you one thing Stay away from this broker. When you withdraw they will say we processing in 5 days but nothing still processing forever.
Three months ago, I opened an account at KT Markets. So far, the experience is really pleasant. I have been making some amazing trades and I am able to profit well.
KT Markets is really a good broker and provides nice services and facilities. This broker has been the best trading platform I have ever used. Really its a great oppourtunities. support is very helpful and professional. I like their trading system and commission are fair. I have a stable side income now. I will keep up with them and make more money. KT Markets is a reliable broker. Their platform has good quality, order execution is instant, and I can't place my order in my desired position.
I have traded in a KTM Trader FX account with KTMarkets. but my trading experience is awful on their MT4 platform. Because suddenly I can't open or close any orders, as it was hung or freeze. So I got slippage regularly. They didn't support any EA trade and their payment service is full of harassment. Till now I can't withdraw my profit through Skrill. I say no more trading with KTMarkets broker. I have found that they are blacklisted in New Zealand authorities.
All I can say is that KTMarkets is a reliable and honest broker. I started trading with this company a year ago and my whole experience has been nothing but pleasant. The trading platforms are all working perfectly and the trading fees are small. Payment transactions are also processed efficiently and quickly. I have no complaints against this broker.
Show more
Add comment
See also
|
Brokers Reviews
RECOMMENDED BROKER
Forex charts and quotes
|
KTMarkets review