Trading Accounts Overview
Key to Markets offers tailored solutions for its clients. According to the traders’ needs we have created two main accounts that you can choose when you start trading.
With both the accounts you get access to a true ECN execution through the MT4 platform, the only difference between the two accounts is how the commissions are charged.
As we are not market makers, our fee is fixed and the total spread is variable as in any interbank liquidity pool.
MetaTrader 4 Pro
With the PRO account you will see the raw market spread and our commissions paid separately.
You will see the commissions you are paying in the column “commission”.
The commission is 6€ or 8$ per traded lot round turn. (3€/4$ to open, 3€/4$ to close)
The MT4 Pro account is usually preferred by scalpers and traders who prefer to see the raw market spread on the screen.
MetaTrader 4 Standard
With the Standard Account the commission is charged using a 1 pip mark up to the interbanking spread.
In your Metatrader you will see a higher spread (1 pip / 10 MT4 points) and no commission will be charged later.
Trading Accounts Comparison
You can find a comparison between the Pro and Standard Accounts below
|Account||MT4 Standard||MT4 Pro|
|Minimum Trade Size||0.01 lot||0.01 lot|
|Max Trade Size/Position||No limit||No limit|
|Spread||1.0 pip + raw spread||Raw spread|
|Commission||0||€0.06/$0.08 RT per 1 Microlot|
|Markets||FX, Indices & Commodities||FX, Indices & Commodities|
|Minimum Opening Balance||€/$100||€/$100|
|Min. distance for pending orders||No limit||No limit|
|Margin call / Stop Out||120% / 100%||120% / 100%|
|Scalping / News trading||No limit||No limit|
|Trading hours||17:05 to 17:00 (NY time)||17:05 to 17:00 (NY time)|
|Trading days||Sunday to Friday||Sunday to Friday|
|Deposit fee (bank wire)||0||0|
|Withdrawal fee (bank wire)||0||0|
|Deposit fee (Credit Cards)||2.5%||2.5%|
|Withdrawal fee (Credit Cards)||not allowed||not allowed|
|Deposit fee (Neteller)||2.5% ($1 min)||2.5% ($1 min)|
|Withdrawal fee (Neteller)||1% ($1 min)||1% ($1 min)|
|Deposit fee (Skrill/Moneybookers)||2.5% ($1 min)||2.5% ($1 min)|
|Withdrawal fee (Skrill/Moneybookers)||1% ($1 min)||1% ($1 min)|