Opinions about KeyStock

IMPORTANT: Trading with binary options has recently been banned. However, in our domain you will find an entry with the best online brokers of 2021 to help you choose a portal that suits your needs while ensuring secure transactions and operations.

Do you want to know if KeyStock is it a scam? In this review we analyze the security it offers to its investors. But you can rest assured, because this is a broker regulated and licensed by the Greek Capital Market Commission (HCMC).

We are a company that has more than 24 years of experience offering its services in the financial markets and that focuses mainly on CFDs as an investment instrument. Since we are talking about a highly speculative and risky financial product, it is important to know what situation customers would be in in the event of a hypothetical insolvency. We will tell you about this and much more below.

Our experience with KeyStock

This time we are analyzing a good online broker it allows you to invest easily and safely in CFDs. Safe as far as the broker's practices are concerned, because of course the leverage of CFDs is not affected and involves great risks. The company is registered in Athens, the capital of Greece, and has a license from its financial authority, which reassures us a lot regarding all aspects concerning security.

In the rest of the review we will see that in addition to the possibility of investing, both through mobile and desktop, this company offers us an educational section, which although it is somewhat basic, may be interesting for some users. It also offers us the possibility to access the information of the Trading Central financial platform and the option to open a free demo account.

Is KeyStock a scam?

In general, we are used to brokers having a CySEC license. The reason is usually that the taxes payable in Cyprus are less burdensome than in other dollar countries. In this case it is not so, but this should not make you suspicious, because the company has a license from another country dollarpeo, Greece, which enables it to operate in all countries of the Union. This means that it complies with the requirements of the dollarpea Directive on the market and financial instruments and, therefore, that it offers us the maximum security in terms of the legal protection that we may have. The truth is that the fact that it follows the dollarpeas regulations, assures us that the company must follow strict control and supervision systems of potential conflicts of interest that may arise.

Therefore, it is a legit company, which provides investment services safely for its clients. If you want to know more about the safety of this company, consult the Safety and regulations section.

Investment offer

Another of the fundamental basic aspects to open an account at a broker is its investment offer. In this case, as we have already said, it focuses on CFDs. Therefore, it is not possible to invest in other products such as binary options trading . If you choose to trade here, depending on the deposit you make, you will access one type of account or another. With 1000 $ you will get a Mini account, with 5000 a Standard one and with 20000 an Exclusive one. The difference between the Mini and the Standard is that the second one gives you access to SMS and news signals, and the difference between the Standard and the Exclusive one is that the latter offers you a daily analysis and top-quality customer service, which translates into greater availability of it.

CFDs

If we focus on the underlying asset offering itself, with this broker we have to take our hats off. Only in the stocks section we find more than 270 companies, which gives us a general idea of the very wide variety that we are going to find in the rest. In currency pairs the figure amounts to 55. It is clear that there are some brokers that offer even more, but the truth is that for the vast majority of mortals, this figure will be more than enough, especially since it perfectly covers the most popular pairs. The accessible commodities are 18 with leverages ranging from 10 to 100 and with lot sizes ranging from 100 to 10,000. You will also be able to trade on 27 stock indices and on 5 bonds, which is something that is not accessible in many other brokers.

It is also worth knowing that on Wednesday nights the fee for maintaining the values is multiplied by three, due to the proximity of the weekend. Also keep in mind that this broker does not charge commissions, which means that it charges you its profits in the spread. Logically, it depends on the liquidity of the market of each asset, but it should always be a factor to monitor.

Therefore, it is a broker with a great offer, especially in the stocks section, which is the most popular among commercial or private investors. This is because it is generally easier for small investors to follow the news and oscillations of company stocks than currency pairs or commodities. That's why we applaud that extra effort in this asset category. In our opinion a remarkable offer, especially if we take into account what other competitors offer.

Welcome bonus

As with other regulated brokers, welcome bonuses have been disappearing from the offer of this company. However, we summarize their general terms and conditions, in case it is the case that you want to request one and they decide to grant it to you. But before you start with it, always remember to read the specific conditions of your bonus well, because they will prevail over these that are the general ones.

The conditions of the hypothetical bonus are very easy to understand, but somewhat more difficult to get. You will simply have to trade a volume equivalent to multiplying the bonus you have been granted by 10,000. This means that if you are given a $100 bonus, you will have to trade $1,000,000. In addition, as if this were not enough, you must do it within 90 days. So since Estafa.info we recommend that you forget about bonuses.

If they give you a bonus that you don't want, you must notify them within 5 days and don't make any trades until they cancel it. The broker cannot grant you bonuses that you do not accept and you have the right to refuse it.

KeyStock payment methods

The methods of money deposit are the usual: bank transfer, cards, WebMoney, Skrill, Kiwi and Neteller. The minimum income is $ 100, but unlike binary options, if you are going to trade CFDs it is advisable to make a higher income. In any case, it is fine that the minimum limit is low, so you can try the broker and enter a larger amount only if it gives you confidence and you are satisfied.

We like that the broker carries out the client identification process from the same registration, so they will ask you for the necessary documents from the beginning and then when you want to withdraw money you will have already passed this step. Without a doubt, it is a policy that more online brokers should implement.

KeyStock security and regulations

Although we are sure that KeyStock is not a scam, other security factors must be taken into account, which without the need for the company to be fraudulent, could compromise customers' money.

In this case, entering into the dollarpea regulation implies that the broker must be part of an investor compensation fund. This gives us an important security, since in the face of a potential insolvency problem of the company the fund would take care of returning our money to us. If you visit the website in New Zealand, you will see that the information page about the compensation fund shows a text about the conflict of interest. Surely it is due to an error of the person in charge of managing the contents of the web. If you visit the English version, anyone can find out that the fund is called Athens Stock Exchange Members' Guarantee Fund and it covers up to $30,000 from each of the broker's clients.

Regarding its management of clients' money, it is also worth knowing that its liquidity provider is Safecap Investments Limited a company licensed by the CySEC number 092/08 and headquartered at the address 148 Strovolos Avenue, 2048, Strovolos, P.O. Box 28132, Nicosia, Cyprus.

Therefore, in addition to being a legitimate company, it also offers us basic guarantees to be able to deposit our money with confidence. To the above it should be added that the company must execute the orders of its customers in the way that most benefits them. In addition, the company must categorize its clients, in such a way that individuals who fall into the category of commercial client will receive more information and protection, in order to try to nullify as far as possible the risks linked to inexperience.

Customer service

A good broker can spoil the experience of its users if it does not have good customer service. But this is not the case, since the service is very good. To begin with, they have a live chat with operators who speak New Zealand, something that will make things much easier for most users. When it comes to our money, better to discuss things in our native language.

The service coverage is also quite good, since they are available from 5 in the morning to 7:30 in the afternoon New Zealand time, or what is the same from 6 to 20:30 GMT. Any user can get in touch with them by live chat, since it is not necessary to be registered to use it, email and phone. In addition to the phone number listed in our table, which is the general of the company, you can contact them in New Zealand on the number 34 910602585.

In our case we tried the live chat and we could check how the operators speak a perfect New Zealand and also attend you in very acceptable times, since it took less than two minutes to do it.

Functionality of the website

As we have already said, this is a good broker in which everything has a similar level of quality. The web is no exception. The navigation is very intuitive with the classic link menus at the top and at the bottom of the page. With the username and password you can invest directly from the web without any problem. If you still want to have more stability, you can download the MetaTrader 4 software from the same broker page and trade with a professional interface. Although it is an unimportant detail, mention that the aesthetics of the web is nice, with white and green as the main colors.

Mobile application

Perhaps this is the weakest point of the services of this company. It is true that it has apps for iOS and Android at your disposal, but the truth is that its operation is not as good as it should be. In addition, updates are made to wait, perhaps too long, for a product that is not yet very accomplished. From the app you can invest but not so enter money. However, that is not the main problem, but the fact that she stays hanging with some assiduity.

Finding

KeyStock is a great broker to invest in CFDs either from its website or from the MetaTrader 4 software. The diversity of underlying assets is very good, especially in the category of stocks, which as we have already mentioned is the preferred one of most small investors. The investment experience is very positive and is perfectly complemented by their good customer service.

As we always say, the demo account is the perfect excuse to try the services of this company, which thanks to its license in Greece, gives us the peace of mind of being operating without the risk of scams.