At Mt.Cook everyone receives the same raw (inter-bank), institutional trading conditions. The main differences between our mountainous ECN accounts are the tiered, transparent, transactional commissions which are ALWAYS quoted outside of our spreads. Our business model is volume based, and simply put we never want to profit from unearned fees, hidden costs, widened spreads, or confusion.
* Pricing is notional (USD), and per standard ROUND TURN lot (inclusive of both sides) – which is $100,000 USD in contract size. For example – the Mt.Cook ECN Account pricing of $7.50 USD per standard round turn lot, is the same as $37.5 USD per million, per side (or 0.00375% notional). Spreads are always raw, inter-bank priced, and the same for all ECN clients across all accounts.
* Minimum deposit values are in USD, or the USD equivalent in EUR, GBP, AUD or ZAR.
* Note: Volume-based commission discounts are also available for traders who cannot fund the required account minimums above. Mt. Kilimanjaro accounts are available to active traders trading between 250-1000 standard round turn lots/month in volume. Mt. Everest accounts are available to traders placing > 1000 standard round turn lots/month in volume, irrespective of account balance.
Application Time: 4 MINUTES!
After submitting your app, our friendly compliance team will have your account approved in very short order. Have an account elsewhere? WANT TO TRANSFER YOUR ACCOUNT TO US? We don't blame you, and WE PAY THE FEES!