Key to Markets, a Mauritius-based broker founded in 2010, claims to offer access to the electronic communication network (ECN) via the MT4 trading platform. Two subsidiaries, one in the UK and one in New Zealand, complete the group structure. The UK-based entity operates as a broker which caters to traders from the European Economic Area (EEA). The New Zealand entity is not a broker; it merely owns the MT4 trading platform, which it distributes to the two brokerage units. Key to Markets claims to offer a wide range of products but lists only 167 assets. Other claims include direct market access (DMA) and no dealing desk (NDD) execution. Social trading and retail account management are also available at this broker. Statistics show that 71.0% of retail traders lose money at Key to Markets.