Key To Markets vs Coinexx

Key To Markets vs Coinexx Comparison Table 2024
Key To Markets Coinexx
2.8
2.5

Coinexx is #10 in our CFD broker rankings.

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United States Flag Traders from US accepted

Key To Markets is an ECN brokerage firm that was set up in London in 2010 for retail, professional and institutional investors to access a reliable and consistently-priced trading environment. The broker is regulated by the UK's FCA and the FSC in Mauritius.

Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.

Bonus Offer
100% Deposit Welcome Bonus
Comment by Reviewer
"Based on my experience, I recommend Key To Markets to traders that are comfortable trading a small range of instruments using MT4, with a raw-spread pricing model. For me though, the range of assets feels too light to build a sufficiently diverse portfolio." "Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight."
Pros
  • I'm glad to see that one of Key To Markets' regulatory licenses is from the UK's Financial Conduct Authority (FCA), a highly respected authority with top-tier safeguarding measures
  • I was impressed by the inclusion of social trading options and access to a free virtual private server (VPS), providing a more extensive range of services than the average online broker
  • I like that all clients can freely access MetaTrader 4 and MetaTrader 5, two of the industry's top platforms with impressive analysis tools and intuitive automation capability
  • It's also good to see a range of educational content and free analysis material that is regularly updated and provides clients with a deeper understanding of the markets
  • I experienced tight spreads when I tested Key To Markets and found no additional costs to consider, not even deposit or withdrawal fees
  • ECN execution model with tight spreads from 0 pips
  • Demo account available to prospective traders
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • 100% deposit bonus for new clients
  • Very high leverage up to 1:500
  • Free VPS for active traders
Cons
  • I think the lack of commission-free, STP account types will restrict the broker's accessibility to beginners and less experienced traders
  • I would prefer to see a wider range of product classes to allow for greater diversification opportunities
  • Any deposits or withdrawals not made via wire transfer will incur costly transaction fees
  • No fiat account funding options - crypto only
  • Limited educational materials for new traders
  • No copy trading service for aspiring investors
  • No regulatory oversight reduces safety
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 0.001 BTC
Trading Platforms
  • MT4
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FSA
Margin Trading
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
Yes No
Trade Signals
MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
The broker's selection of 180 CFD products is pretty small compared to competitors and I found it quite limiting that these only span forex, indices, commodities and stocks. Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies.
Leverage
1:500 1:500
FTSE Spread
2 From 0.0 pips
GBPUSD Spread
0.7 From 0.0 pips
Oil Spread
0.46 From 0.0 pips
Stocks Spread
Variable NA
Forex Trading
My evaluations uncovered a decent range of 65 forex instruments, comprising major, minor and exotic currency pairs, available with leverage rates of up to 1:30 and ECN execution. Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.
GBPUSD Spread
0.7 From 0.0 pips
EURUSD Spread
0.4 From 0.0 pips
EURGBP Spread
0.7 From 0.0 pips
Assets
65 60+
Cryptocurrency
Crypto trading not offered Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Spread
Variable From 0.0 pips
Coins
  • BTC
  • BCH
  • DSH
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Key To Markets
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Coinexx
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