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MtCook
Overall Rate
6
/10
Rebate Amount
2 USD
Summary
Mt.Cook can be categorized as boutique ECN broker which can be great venue for very specific trading strategies.
Summary
Description
Comment
Headquarter
South Africa
Leverage
1:300
Minimum Deposit
100USD
Stopout
%70
Platforms
MT4
Account Type
ECN,DMA
Regulation
South Africa
Execution Type
STP
Currency
USD,EUR,GBP
Support Language
English
Payment Method
Wire Transfer,Crypto,Credit Card
Islamic Account
No
Average Trading Cost FX
8usd per lot
Average Trading Cost Metals
8usd per lot
Average Trading Cost CFD
8usd per lot
Average Trading Cryptos
Social Trading
No
PAMM
Yes
Scalping
Allowed
Rollover Trading
Allowed
Slippage Risk
Stoploss
Not Guaranteed
Take Profit
Not Guaranteed
Pros
Cons
Authentic STP infrastructure
Ultra-low trading fees with volume discounts & superb order execution
Upgraded MT4 trading platform & VPS hosting for low latency 24/5 Forex trading
Trailing stop losses
Commissions charged by pip value
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