Valutrades or Key To Markets – which is better for UK traders 2024? Compare Valutrades and Key To Markets in this detailed breakdown of their platforms, features and fees.
Valutrades vs Key To Markets Comparison Table 2024
Valutrades is an FCA-regulated broker offering ultra-low latency forex, index and commodity CFD trading with ECN pricing from 0 pips. Traders can choose between the MetaTrader 4 and MetaTrader 5 platforms and benefit from a range of blogs, webinars and calculators.
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.
Pros
Excellent pricing from zero pips and lightning-fast execution
No minimum deposit will appeal to traders on a budget
Strong selection of forex pairs with over 80 assets
VPS available for active, high-volume traders
MetaTrader 4 and MetaTrader 5 integration
Variety of fast and free funding methods
FCA-regulated and reputable brand
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
Cons
Narrow range of non-forex assets especially commodities
Only one account type restricts flexibility
Subpar market research and analyst insights
Outdated website and interface
No direct stock trading
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
Trade CFDs on forex, indices and commodities with leverage up to the FCA-sanctioned maximum of 1:30. The MetaTrader platforms will also serve technical traders and automated trading strategies.
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.
Leverage
1:500
1:30
FTSE Spread
0.7
2
GBPUSD Spread<
0.4
0.7
Oil Spread
0.018
0.46
Stocks Spread
N/A
Variable
Forex
Trade 80+ major, minor and exotic forex pairs on true ECN accounts with spreads from zero, low commissions and deep liquidity from tier-one providers. The breadth of currencies and competitive pricing makes the broker a good pick for forex traders.
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.