Company Information and Credibility
KeyCurrency is a relatively new contender in the FX space. The firm was established in 2015, and is privately owned by the company’s directors: Clive Cooke, James Pinkney, Jon Pinkney and Andrew Gibson, all of which have extensive background in foreign exchange. Clive Cooke, the chairman of the firm, was previously the CEO of City Index, one of the better known forex trading firms in the world.
The company has 20 employees at the moment, and boasts “respectable” trading volumes considering they fact they literally just started off. It is nothing comparable to the big players in this field like World First, Currencies Direct, Moneycorp, HiFX, XE, or Transferwise, but if they maintain their current trajectory, they might be able to get there in a matter of years.
What separates Key Currency from its competitors is the fact they boast a straightforward “no minimum” policy, which means no trade is too small for them to handle, and each and every trade inquiry goes directly to the dealer, rather than the on-boarding team (like larger firms do for smaller-value transfers).
Financial Conduct Authority (UK)
While most newer company do not boast any awards, Key Currency has achieved one substantial award already :
🏆 Best Currency Provider at the 2016 Online Personal Wealth Awards 2016
KeyCurrency is all in all a new company with not much of a track record, and insignificant trading volumes in comparison to the largest competitors, but they do show a great potential for growth.
The fact they are completely transparent about their ownership and operations towards both clients and towards MoneyTransferComparison.com’s reviewers, makes us wholeheartedly believe they are representing something “else” that this industry might have been missing – a new, hungry and motivated, service oriented company with a sincere approach to business, led by people who know the ins and outs of foreign exchange trading.