History and Regulation
The KeyStock company is based in Greece and it is supervised and officially certified by the Hellenic Capital Markets Commission (H.C.M.C.). It is operated by the Nuntius Brokerage & Investment Services SA which was established in the 1990s. This company complies with EU laws and directives regarding financial market activities and fulfills the high industry standards set out by MIFID (The Markets in Financial Instruments Directive). This is a good referral point to all potential traders if they are looking for a licensed Forex brokerage company. This KeyStock review will familiarize you with all aspects of this company and its services. The company enjoys a great reputation among its clientele and offers high-quality services and a safe environment to Forex traders.
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KeyStock Trading Platforms at Your Disposal
The KeyStock company always tries to provide the best for its customers, and it is no surprise that MetaTrader 4 is the operating platform for this broker. The platform offers an attractive interface with all features required for a successful trading environment. The platform is easy to download to your desktop and enables access to trade Forex, CFD, Indices, Futures Markets, and Commodities. For all those who would like to try out an innovative and robust platform, KeyStock offers an in-house designed web-based trading platform with all the features essential to Forex trading.
- Fully functional in-house built web-based trading platform
- MetaTrader 4 available as well
- Fully functional KeyStock mobile app encompassing a range of devices
Being web-based, the platform does not require download or installation. All you need is a decent Internet connection, and you can directly login from your browser. It includes automatic newsfeed and multiple language options. A fully functional mobile app is also available. The KeyStock mobile app is compatible with all Apple, Android and HTML 5 supported devices (tablets, iPhone, iPad, etc.). Keep up with the trend of mobile trading and make sure that you always stay in the loop with the events in the dynamic Forex world.
Before entering the real market, gain some knowledge and experience on the Demo account with no strings attached. Use it for free and work on your skills until you are ready for real money investments. The Demo account simulates the actual happenings in the market and is the starting point for everybody who has never engaged in the Forex business before. Besides the Demo account, KeyStock offers three further account categories to meet different needs of customers.
- The Mini Account is an introductory live trading account for all small and casual traders who want to make some money without investing large sums. The minimum deposit is $1,000.
- The second in line is the Standard Account for advanced trading requiring a deposit of $5,000.
- The Exclusive or VIP account is designed for top traders with a $20,000 deposit requirement.
All accounts offer customer support around the clock, desktop and mobile trading, account management, webinars and seminars, tutorials, and daily briefings. The SMS and news signals features are enabled for the Standard and Exclusive accounts only, while premium customer care and daily analysis are only available for the Exclusive Account users. As this KeyStock review suggests, all three accounts offer the same possibilities, whereby standard and premium users have one or two additional options that the Mini Account lacks.
KeyStock Available Commissions and Spreads
One of the advantages that are highly valued by customers is the tight spread offer by KeyStock. The broker offers highly competitive rates to traders, starting out with a spread as low as 3 pips for major currency pairs. They offer 45 currency pairs and leverage amounting to 1:200, which is the standard leverage of many companies. Some consider that the leverage is not optimal, but lower leverage automatically means lower risk. KeyStock does not charge any fees or commissions on any trade.
Banking Options: Deposits & Withdrawals
KeyStock provides for a number of banking and payment options. Since operating in more than one country, they include different payment methods preferred by customers. Deposits are accepted if transferred via Bank Transfer, Qiwi, MasterCard, Maestro, Visa, Visa Electron, Skrill, WebMoney and Neteller. The same goes for withdrawals which can be successfully transferred using the same payment methods.
KeyStock Customer Support Service
Many traders and clients count on an efficient customer support. In the case of a dilemma or concern, all traders want to be able to call an emergency person that will quickly help them remove any uncertainties and doubts. KeyStock runs a highly responsible customer support system always there to assist and advise customers. It is open 24/5, and you can reach them by phone or via live chat and email. Besides the main support center located in Athens, the branch offices in Czech Republic, Italy, Poland, and Spain can be contacted for help as well. Educational resources are also at disposal for newcomers and experienced traders. They can be very useful for your future trading career. Once you learn the basics and educate yourself on trend and pip movements and how spreads work, you are ready for a professional and successful trading career.