"MT-ECN" account is designed for wide range of experienced traders who like the opportunity to trade with minimum expenses. Quotes have 5th point precision (3th for the Yen pairs). "MT-ECN" accounts are served through MT4 platform, using the quotes flow from Currenex ECN without any modifications. We use our own bridge to transfer order flow to this ECN for excellent speed and quality. Commission (size depends on account turnover) is charged for each deal.
- $1000 minimum deposit;
- 27 currency pairs, gold, silver;
- Dynamic spread from 0 pips;
- Leverage 1:100;
- Minimal lot 0.1;
- Maximum lot 20 with step 0,1;
- Level of margin call /stop out 100%/50%*;
- 5th point precision;
- Without stop/limit and freeze levels;
- Commission (turnover less than 900 lots per month): $7/lot;
- Commission (turnover more than 900 lots per month): $5/lot;
* an hour before market closing margin call/stop out levels can be increased up to 200%. Please be careful with positions that you leave for weekend.
Contract Specification.
| Symbol | Swap long | Swap short | 0.1 lot size |
| EURUSD |
-4 |
0,5 |
10000 EUR |
| USDJPY |
-1 |
-1 |
10000 USD |
| GBPNZD |
-25 |
6 |
10000 GBP |
| GBPUSD |
-1 |
-4,5 |
10000 GBP |
| USDCHF |
-1 |
-2 |
10000 USD |
| USDHKD |
-1 |
-6 |
10000 USD |
| USDSGD |
-4 |
-2 |
10000 USD |
| EURAUD |
-22 |
11 |
10000 EUR |
| EURCHF |
0,5 |
-3 |
10000 EUR |
| AUDUSD |
9 |
-12 |
10000 AUD |
| USDCAD |
-4 |
-1 |
10000 USD |
| NZDUSD |
4 |
-9 |
10000 NZD |
| EURGBP |
-1 |
-0,5 |
10000 EUR |
| EURJPY |
-1 |
-1 |
10000 EUR |
| GBPAUD |
-25 |
9 |
10000 GBP |
| GBPJPY |
0,5 |
-3 |
10000 GBP |
| GBPCHF |
0,5 |
-3 |
10000 GBP |
| CADJPY |
1 |
-1 |
10000 CAD |
| CHFJPY |
-1 |
-1 |
10000 CHF |
| EURCAD |
-5 |
1 |
10000 EUR |
| AUDCAD |
6 |
-10 |
10000 AUD |
| AUDJPY |
7,5 |
-11 |
10000 AUD |
| NZDJPY |
4 |
-8 |
10000 NZD |
| GBPCAD |
-4 |
-1 |
10000 GBP |
| AUDNZD |
2 |
-4 |
10000 AUD |
| AUDCHF |
9 |
-16 |
10000 AUD |
| EURNZD |
-17,5 |
5 |
10000 EUR |
Contract Specifications Metals
| Trading tool | Swap long | Swap short | Size of 1 lot |
| XAUUSD |
-3 |
-2 |
100 oz tr. |
| XAGUSD |
-1 |
-0.2 |
1000 oz tr. |
Trading hours:
24 hours a day, beginning at 00:00 on Monday and ending at 22:00 on Friday (trading server time)
Lot - volume unit of the instrument which is used to conduct transaction, it is equal to 100 000 base currency units.
Position overnight transfer is carried out as market swaps (swap size is reflected in points).
Swaps can be positive and negative and are calculated as difference between interest rates. Swap is charged daily at 00:00 according to the server's time. From Wednesday to Thursday swap is charged 3 times larger. Swap rate is a product of point price, number of lots and number of days.
Margin call - warning level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer has a right (but not obliged) to close one or several client's positions according to market conditions.
Stop out - liquidation level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer is obliged to close one or several client's positions in order to avoid negative balance on the account.
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