MT-ECN account

"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 shortSize 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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