Keystoneblockholders Review – Is this Broker any Good?

Keystoneblockholders Review

Who doesn’t want to make high returns without having to drive themselves in the ground and investing massive amounts of money? It is only possible to do so in the financial markets and the good news is that accessing them has become pretty straightforward these days. Gone are the days when you had to go somewhere to trade and have a substantial capital and lots of experience. Thanks to online brokers, you can trade from anywhere today, but this Keystoneblockholders review tells you that it is not a bed of roses.

Yes, online trading has simplified the overall trading process and gives you access to some of the most lucrative opportunities in the financial markets. But, you still need the services of a broker. It is certainly good news that there are hundreds of thousands of brokers to be found, but it is also bad news. Why? This is because it means you have to navigate through these options to find a reliable and appropriate company for your trading needs. No, all of them are not the same, even if they promise you similar services.

Most importantly, you cannot just take the word of a broker when they advertise their services. This is because the market has more than its fair share of fraudsters, scammers and other criminals and they are waiting for you to make the smallest possible mistake in order to take advantage of you. One of these mistakes is not verifying the promises and claims that a broker makes because it could be a fake platform that is designed to lure you and steal your money. It is quite common and has happened to many people and you do not want to be another victim.

Therefore, you need to verify the claims and promises that Keystoneblockholders make to know what it is up to. What will that tell you? Let’s see.

Licensing and regulation

When you are checking out an online broker, it is best to start with their licensing and regulation. This is primarily because a licensed and regulated brokerage has a great deal more credibility than their unlicensed counterparts. They can offer you safety of funds and high standards of service that you cannot expect from others. But, you should remember that just because a brokerage claims to have a license does not make it true.

This is apparent in the case of Keystoneblockholders because when you check out its background, you will find that it claims to have offices in Switzerland. As for regulation, it has mentioned a number of financial authorities, such as the ‘Blockchain Council’ and ‘The Financial Commission’. This would sound impressive at first glance, but the reality is that there are no such regulatory bodies that exist.

While there are several Financial Commissions, none of them have the logo that you will find on the Keystoneblockholders website. As far as the Blockchain Council is concerned, there is no such organization and the certificate on the Keystoneblockholders website is fake.

The Swiss Financial Markets Authority (FINMA) is the regulatory authority of Switzerland and a check of its online register shows that Keystoneblockholders is not listed. This is not surprising because it is one of the toughest regulators in the world and getting a license from it is not easy for even a legitimate company, much less a fraudulent one.

Trading software

To find out just how good a broker is, you need to take a look at their trading software. This is used for trade execution and connects you to the financial markets. It needs the most advanced technology, not to mention sophisticated tools that can help during the trading process. If you search for the best trading software in the market, you will come across names like MT4 and MT5 that are regarded as the top ones in the market.

Considering the claims that Keystoneblockholders makes, you would think that it offers you one of these platforms, but you will be in for a shock. Why? This is because it turns out that it does not offer a functional trading platform at all. You will just find a TradingView chart, which is a free software for trading market movements.

Why would you open an account with Keystoneblockholders when you can access the software for free? Plus, it does not facilitate trading, so there is no point of offering the chart at all.

Trading conditions

The trading conditions of a brokerage are also an important factor to be considered when you have to choose one. After all, they affect how much profits you can make during trading, which is your purpose of engaging in the financial markets. Keystoneblockholders promises you access to more than 100 instruments, which are spread across different markets like forex, crypto, ETFs, options, shares and energies.

While this is undoubtedly an extensive range of markets, it does not really make a difference. Similarly, checking out the spreads and leverage offered at Keystoneblockholders does not make a difference either. Why? This is because there is no functional trading platform, so the trading conditions are completely irrelevant. It does not matter what the broker advertises because you will not be able to benefit from them at all.

The fact that it has a minimum deposit of $200 for opening the Standard account does not matter either because there is no point in opening an account with Keystoneblockholders when you cannot trade.

Payment methods

When you check out the payment methods that are supported at Keystoneblockholders, you will find yet another reason why this broker is up to no good. They only allow you to make deposits via Bitcoin and Ethereum, or through electronic payment options like Payeer and Perfect Money.

However, Keystoneblockholders has made it clear that it prefers crypto payments and this is not surprising either. Crypto payments don’t have a chargeback option, so you cannot get a refund and you would end up empty-handed if you are scammed.

Final Words

With all the holes you find in Keystoneblockholders’ story, it is evident that this broker is no good at all.