Key to Savings Account

Key to Savings Account

Successful traders know that in order to be profitable successful it is not necessary to always be in the market with open positions, what is crucial is to be ready to enter the market at the right time.

What happens to your money when sitting on your Metatrader 4 account while you are waiting for the right opportunity to trade? Nothing.

The Key to Savings account is a commitment free deposit account where you can transfer your unused funds to earn an interest. A true piggy bank for investors keen in making the most of their capital.

This is a huge advantage for Key to Markets clients, especially considering the fact that we are living in the age of negative rates applied by most banks and brokers.

All Brokers earn interests out of the deposited funds through money market instruments, only Key to Markets shares such profit with its clients.

Key to Savings account features

1) Easy to open

To open a Key to Savings account simply follow these steps:

1. Log in your secure client area.
2. Click the button “Open Account”
3. Select “Key to Savings account” on the drop-down menu.
4. Type and confirm your desired password (8-10 digits, mix of lower/upper caps and numbers).
5. Click on “Open account”.

2) Instant transfers between your accounts

You can instantly transfer your funds from your trading account to your new Key to Saving account using the “Transfer Funds” button.

3) 0.5% annual interest paid Monthly*

Key to Markets automatically calculates the interest (on a daily accrual basis) and pays it into your account at the end of each calendar month.

The yearly interest rate is currently 0.5% (without considering the compound interest matured when you keep the funds in the saving account longer than a calendar month).

Note: Key to Markets reserves the right to change this rate at any time, please read the Terms of Business.

*If your capital is larger than €500,000 Key to Markets could offer a higher interest rate through a custom offer. Please contact us to know more.

4) Withdraw your funds at any time without any limit or fee

There is no minimum time commitment to withdraw funds and/or for accruing interest. You can withdraw your funds at any time without paying any extra commission or penalty.

The Key to Savings account is for you if:

• You are looking for a profitable alternative to classic current accounts and deposit accounts.
• You currently hold funds at banks or brokers charging a negative interest on deposits.
• You want to set aside the profits you generate from your trading activity.
• You are looking for a commitment free account, which allows you to withdraw your funds whenever you want and without paying any fee.