Keytrade Bank offer an all in one solution for banking, investing and trading online. Clients get access to an intuitive mobile trading app along with a selection of powerful analysis tools and educational resources. Keytrade Bank have competitive trading fees, good customer support and are regulated. Despite this, they do not provide the popular MetaTrader platforms available whilst the account funding options and CFDs are limited. There is also no social trading platform integration.
show 1 Keytrade Bank Review, Pros & Cons 2 Keytrade Bank Overview 3 Keytrade Bank Regulation 4 Keytrade Bank Countries 5 Keytrade Bank Platforms 5.1 Trading 5.2 Banking 6 Keytrade Bank Trading Tools 6.1 Global Analyzer 6.2 Idea Centre 6.2.1 Investment Themes 6.2.2 Stock Screener 6.2.3 Stock Profile 6.3 Trading Insights 6.4 Stock Streamer 6.5 Stock Alerts 6.6 Virtual Portfolio 7 Keytrade Bank Education 7.1 Tutorial Videos 7.2 Information Sessions 8 Keytrade Bank Instruments 9 Keytrade Bank Accounts & Fees 10 Keytrade Bank Support 11 Keytrade Bank Deposit & Withdrawal 12 Keytrade Bank Account Opening 13 Keytrade Bank Summary
Keytrade Bank Review, Pros & Cons
In this detailed Keytrade Bank review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Keytrade Bank Overview
Keytrade Bank are based in Belgium, offering a wide range of financial products and services to experienced and informed investors, including banking, investing and trading. These are tailored for all those who wish to manage their finances independently, both transparently and simply.
The strategic objective of the business is to develop Keytrade Bank as an online one-stop financial shop enabling clients to quickly find the financial product (current account, shares, funds and unit trusts, savings accounts, deposit accounts, structured products, insurance, etc.) that suits their individual needs.
Keytrade Bank implement innovative and user-friendly solutions that enable clients to stay in control of their finances with maximum performance, transparent pricing and the lowest possible costs. They also provide professional support as and when required.
Founded in Belgium in 1998 under the name VMS-Keytrade, they became Keytrade Bank in 2002 and acquired banking status by taking over RealBank. In 2005, Keytrade Bank was acquired by Groupe Crelan (formerly Crédit Agricole) and became a 100% subsidiary. Keytrade Bank has been part of the Belgian cooperative group Crelan. Since June 2016, Keytrade Bank is part of the Crédit Mutuel Arkéa Group.
Since its launch, Keytrade Bank has enjoyed constant growth. It has survived through different market conditions including the financial crisis, thus underlining the resilience of its business model that it incorporates. The security of online transactions is a major concern for Keytrade Bank. They are continuously investing in this area while also preserving transaction efficiency and the user-friendliness of the platform.
Keytrade Bank Regulation
Keytrade Bank are headquartered in Brussels and the Belgian branch of Arkéa Direct Bank SA (France). Arkea Direct Bank is a credit institution regulated by the French Prudential Supervision and Resolution Authority (ACPR) and by the Belgian financial supervision authorities and Financial Services Market Authority (FSMA) as a credit institution established under the law of another Member State of the European Economic Area with a branch registered in Belgium.
As a Keytrade Bank are a Belgian branch of a credit institution under French law, eligible client assets are protected by the French deposits guarantee system (FGDR) for a maximum of €100,000 for assets held in deposits and a maximum of €70,000 for financial instruments. The guarantee system can intervene when a credit institution, brokerage firm or other investment company is not able to fulfil its financial obligations to clients.
Keytrade Bank Countries
Keytrade Bank can accept clients from various countries excluding those where they cannot due to legal restrictions. You should check with them if you are a resident of a country where they can operate. Some Keytrade Bank broker features and products mentioned within this Keytrade Bank review may not be available to traders from specific countries.
Keytrade Bank Platforms
Keytrade Bank Mobile Trading App
Keytrade Bank have their own proprietary online web platform and mobile app for smartphone or tablet devices running on iOS and Android. Using the Keytrade Bank app you can conduct your banking and trading operations wherever and whenever you want. The app is user friendly with a smooth and intuitive interface. Some of the features of the app include:
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Keytrade Bank Trading Tools
Keytrade Bank have a selection of tools to help you with your choices and to continually monitor your investments. This includes the Global Analyzer, Idea Centre, Trading Insights, Alerts and Real-time data. With these tools you can closely monitor the stock markets and react instantaneously.
Keytrade Bank Global Analyzer
The Global Analyzer is a professional-stock analysis tool where you can quickly analyse any stock from any of the 18 international markets. Using the tool, you can visualise stocks according to different criteria including stock value, quality, outlook and risk.
The free version gives a summary of the analysis and main conclusions. The premium version costs €20 per month but gives a complete analysis (illustrated with graphs and tables) and exhaustive conclusions. This tool is exclusively available in Belgium.
Idea Centre is an exclusive tool offered by Keytrade Bank for identifying potential investment opportunities.
Keytrade Bank Investment Themes
The investment themes are regularly updated to provide you with new and valuable insights and ideas based on detailed market analysis which can give investment ideas for:
Keytrade Bank Stock Screener
With the stock screener, you can scan the market yourself using an advanced search module to filter stocks based on your own criteria. These searches can produce a list of stocks with scores for each filter which helps make it easier to compare and sort the search results.
Stocks can be screened according to the following criteria:
Keytrade Bank Stock Profile
The stock overview page displays essential stock information all in one place. This way you can have all of the necessary information to help with your stock trading decisions at a glance.
The stock profile includes:
Keytrade Bank provide investment insights which can be incorporated into you trading strategies and help to increase trading efficiency. They cover a range of markets including agriculture, precious metals, energies, real estate, healthcare and emerging markets.
Keytrade Bank Stock Streamer
With the stock streamer, you can view stock market shares at a glance and request real time quotes with live updates for stocks on 18 markets. This is free as of 3 transactions a month on the specific market.
Keytrade Bank Stock Alerts
You can set price alerts on a share if you want to receive an email, text or push notification when it reaches a target price.
Keytrade Bank Virtual Portfolio
Using the virtual portfolio, you can test your investment strategies without needing to actually invest. You can create multiple virtual portfolios and monitor the results. It is possible to conduct technical analysis for the shares in your virtual portfolio (overbought, oversold, technical signals, etc).
Keytrade Bank Education
Keytrade Bank have a generous selection of video tutorials where you can learn about Keytrade Bank, the trading platforms and mobile apps, the basics of the stock market, how to trade online and more.
The videos can be accessed from the Keytrade Bank website or YouTube channel. There are a range of different topics that can be beneficial for investors of all experience levels.
Keytrade Bank offer information sessions where you can learn in person with one of their specialists. During these sessions you can learn about the stock market and the world of banking whilst getting an opportunity to ask any questions that you may have. They can also cater to investment clubs and groups with a minimum 10 people.
If you are not yet already a Keytrade Bank customer, you can commence opening your account during the information session if you wish. The sessions are held throughout Belgium, in French and Dutch.
Keytrade Bank Instruments
Keytrade Bank have a variety of different financial instruments for trading online including:
Keytrade Bank Accounts & Fees
Keytrade Bank offer private and professional accounts. You can open a free trading account with Keytrade Bank that includes:
There are no account opening or closing fees nor any annual charges. There is however a dormant account fee of €50. No minimum deposit is required when you open an account. You are free to decide how much you wish to deposit on your current, savings and/or trading account.
As broker fees can vary and change, there may be additional fees that are not listed in this Keytrade Bank review. It is imperative to ensure that you check and understand all of the latest information before you open a Keytrade Bank broker account for online trading.
Keytrade Bank Support
Keytrade Bank customer support can be reached via telephone from Monday to Friday between 09:00 and 22:00 (CET), email and Skype. They are also on Facebook, Twitter and YouTube. There is a frequently asked questions (FAQ) section on their website that covers many of the questions most commonly asked by Keytrade Bank’s customers.
Keytrade Bank Customer Support
Keytrade Bank Deposit & Withdrawal
You can deposit funds into your Keytrade Bank through wire transfer. If you are holding securities with another bank you can transfer them to Keytrade Bank. They have an option to recover your transfer costs up to €2,500 in cash when you transfer your securities to Keytrade Bank.
Keytrade Bank Account Opening
There is an online form on the Keytrade Bank website where you can apply for an account. You can apply for a private account with 1 or 2 account holders and a minor, or a professional account for those who are self-employed or of a liberal profession.
Keytrade Bank Account Opening Form
You will need some personal identification ready to complete the application. There are 6 steps during the account opening process which are:
After you have completed the application, your account will be reviewed. Once it has been verified, you will be able to access the financial services provided.
Keytrade Bank Summary
Keytrade Bank offer simple banking, investing and online trading services. They make it an easy process to buy and sell stocks and other trading instruments with competitive fees.
The Keytrade Bank mobile app is user friendly and flexible across multiple devices. Where they really shine is the advanced trading tools provided to clients for conducting thorough market analysis.
Keytrade Bank are also regulated and have a reliable customer support team. They offer tutorials and one on one education to encourage informed trading.
Whilst they do have a range of markets to trade online, CFDs and account funding options are limited and they do not offer the popular MetaTrader platforms.
Trading complex instruments can come with a high risk. You should consider whether you understand how investments and trading work and whether you can afford to take the high risk of losing all of your money.
Min $1 Deposit
Keytrade Bank offer banking, investing & online trading via an intuitive & user-friendly mobile app with advanced trading tools & competitive fees.