Keytrade Bank

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Keytrade Bank is a Belgium financial services company based in Brussels with a subsidiary in Luxembourg.[1] The company provides banking services and is a brokerage firm providing trading in a number of financial instruments.

History

VMS-Keytrade, Belgium's first online investment site, was found in 1998.[2] In 2002, VMS-Keytrade became Keytrade Bank and acquired its banking status by taking over RealBank.[3]

Between 2005 and 2016, Keytrade Bank was part of the Crelan Group, which until 2015 was 50% owned by the Crédit Agricole Group, one of Europe's largest groups (own funds of €64.8 billion and net profit of €6 billion[4]).[5]

Since June 2016, Keytrade Bank has been part of the Crédit Mutuel Arkéa banking group.[6]

Products

Keytrade Bank offers all banking and trading services online.

Banking

Keytrade Bank offers usual banking services with a current account, savings account, term account and also provides debit and credit cards.

  • Current account: yielding 5 cents for each operation executed, includes Bancontact / Mister Cash / Maestro cards for free and VISA and American Express credit cards.
  • Savings account: account with an interest rate of 0.05% a year + 0.20% fidelity premium.
  • Term account: period of the term between 1 week and 1 year and with the possibility to break up the term or to extend the time.

Trading

As a brokerage firm, Keytrade Bank offers access to several markets: Euronext Brussels, Paris and London Stock Exchange, Frankfurt (Xetra), Milan (Borsa Italiana), Switzerland (SWX et Virt-x), Madrid (Bolsa de Madrid), Amsterdam, the U.S. (Nyse, Nasdaq, Amex et OTC-BB) and Canada (TSX & TSX Venture).

Keytrade Bank presents a broad range of products for private investors, including stocks, options, warrants, turbos, mutual funds, trackers, bonds, structured products.

Keytrade Bank also offers Keytrade Pro, a professional day-trading and trend trading platform for new products, which is used to be accessible only to professional investors. This platform allows the investor to invest in:

  • The Forex (with 160 currency crosses)
  • The Futures market with more than 400 available contracts in 15 markets
  • CFDs which allow investors to take position on more than 3500 underlying stocks on the 22 largest global markets with a leverage effect from 1 to 10.

Marketing

Keytrade Bank provides the numbers used in the daily financial magazine Cotes et Cours, which is broadcast by the RTBF.[7] This partnership allows Keytrade Bank to run a short spot advertising just before and after the magazine.

On 29 September 2014, KeytradeBank Belgium introduced a new brand identity: a new logo, website and advertising campaign were announced.[8]

References

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  7. RTBF - Emissions - "Cotes et cours"
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