About KeyONcapital
Overview
KeyONcapital is a forex and CFD broker registered in Germany and founded on 29 May 2020. The broker operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC) with a Market Making (MM) licence. Its official website is keyoncapital.com.
The broker's registration in Germany, combined with a CYSEC licence from Cyprus, places it under the framework of the European MiFID II passporting regime, allowing it to offer services across the European Economic Area. However, traders should note that the regulatory status with CYSEC is listed without a clear 'status' in our records, which may indicate limitations or lack of public verification.
Account Types
KeyONcapital offers three tiered account types to cater to different capital levels: BRONZE, SILVER, and GOLD. The minimum deposit for the BRONZE account is $500, with a maximum leverage of 1:100. The SILVER account requires a minimum deposit of $1,000 and offers leverage up to 1:500. The GOLD account is the premium tier, with a minimum deposit of $10,000 and maximum leverage of 1:500.
These account structures are typical of brokers aiming to attract both retail and higher-net-worth traders. The high leverage of 1:500 is notably aggressive and may expose traders to significant risk, especially given the lack of detailed information on trading instruments and conditions.
Regulation and Licensing
KeyONcapital is regulated by the Cyprus Securities and Exchange Commission (CYSEC), a well-known regulatory body for retail forex brokers in the European Union. The CYSEC licence number and specific status are not publicly detailed in our records, which raises some transparency concerns.
As a CYSEC-licensed entity, the broker is subject to MiFID II requirements, including client money segregation and negative balance protection. However, the absence of a confirmed status ('status —' in our data) suggests that the broker's current regulatory standing may not be fully active or verifiable. Traders are advised to cross-check the licence directly on the CYSEC registry.
Trading Instruments and Platforms
Our records do not list any specific trading instruments or platforms offered by KeyONcapital. This is a significant gap in available information, as it prevents traders from assessing the breadth of markets available, such as forex pairs, indices, commodities, or cryptocurrencies.
Without details on platforms (e.g., MetaTrader 4/5, proprietary software), it is impossible to evaluate the trading experience. Prospective clients should seek this information directly from the broker's website before committing funds.
Conclusion
KeyONcapital presents itself as a European-regulated forex broker, but the available public information is limited. The broker's high leverage options and lack of transparent details on instruments and platforms warrant caution. The FXCanary Scam Risk Score of 85/100 (Severe) underscores the potential risks associated with this broker.
Traders are strongly encouraged to perform thorough due diligence, including direct verification of the CYSEC licence and contact with the broker, before considering any financial commitment. Given the severe risk rating, this broker may not be suitable for most retail traders.
Overview compiled by FXCanary from regulatory records and public data. full KeyONcapital review