Conditions
Trading Conditions
Mt.Cook’s DMA Pro feed and new ECN feed are both structured from the ground up for professional traders requiring prime conditions and direct access to interbank liquidity.
Below is a list of our general trading conditions on both feeds. Please note that being a boutique – flexibility is our middle name! If you require a customized trading environment, please contact us and let us know your requirements.
FEATURE | ECN STREAM | DMA STREAM |
|---|---|---|
| CLEARING MODEL: | ECN / STP | DMA / STP |
| ADVANTAGES: | Tight Spreads, Fast Execution | Market Depth, Big Ticket Trading |
| SPREADS: | Variable | Variable |
| SPREAD PRICING: | Raw Spreads | Raw Spreads |
| MINIMUM DEPOSIT: | $5,000 USD | $5,000 USD |
| EXECUTION: | Market | Market |
| COMMISSION TYPE: | Transactional (round turn) | Transactional (round turn) |
| STANDARD COMMISSION: | $32.5 per million / per side (notional) | $35 per million / per side (fixed) |
| BASE CURRENCY: | USD, EUR, GBP, AUD | USD, EUR, GBP, AUD |
| MINIMUM CONTRACT SIZE: | 0.01 lots (1,000 units) | 0.01 lots (1,000 units) |
| TRADE SIZE INCREMENT: | 0.01 lots (1,000 units) | 0.01 lots (1,000 units) |
| DECIMAL PRICING: | 5 digit (3 for JPY pairs) | 5 digit (3 for JPY pairs) |
| MINIMUM TP OR SL: | No (0 pips) | No (0 pips) |
| LEVERAGE: | 100:1 on FX and Metals | 100:1 on FX, 50:1 on Metals |
| AGGREGATED PRICING: | YES (multi-point liquidity) | YES (multi-point liquidity) |
| SERVER LOCATION: | NEW YORK (Equinix NY4) | LONDON (Equinix LD4) |
| INSTRUMENTS: | Spot Forex and Metals, CFD Indicies and Futures * | Spot Forex and Metals, CFD Indicies and Futures * |
| EA COMPATIBLE: | Yes | Yes |
| HEDGING PERMITTED: | Yes | Yes |
| MARGIN ON HEDGES | Deemed "flat" with no margin required | Deemed "flat" with no margin required |
| TRADING PERMITTED: | All styles | All styles |
| MARGIN CALL LEVEL: | 80% | 80% |
| STOP OUT LEVEL: | 60% | 60% |
| SERVER GMT OFFSET: | GMT +3 | 0 |
| PLATFORMS: | Metatrader and FIX API | Metatrader and FIX API |
| FIX API MINIMUM: | $10,000 USD | $100,000 USD |
| CLOSE BY OPPOSITE POSITIONS IN MT4: | No | Yes |
| PAMM AVAILABILITY: | Yes | Yes |
| ADVANCED HYBRID PAMM 2.0: | Yes | No |
| FUNDING METHODS: | Bank Wire, Neteller, China Union Pay | Bank Wire, Neteller, China Union Pay |
| MARKET HOURS: | Sunday 5:05pm EST - Friday 5:00pm EST | Sunday 5:05pm EST - Friday 5:00pm EST |
* For Detailed CFD Data and Expiration Dates on DMA – please click here.
TRUE PEAK PERFORMANCE!
“Optimal pricing”
“Rapid execution”
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