Mt.Cook Financial Review
51
Review
Fast Facts
Account types
| ECN STREAM Account | DMA STREAM Account | |
|---|---|---|
| Minimum Deposit | 1'000 USD | 10'000 USD |
| Maximum Leverage | 1:100 | |
| Spread from (pips) | ||
| Commission per lot (USD) | 6.5 | 6 |
| Minimum Trade Size | 0.01 | |
| Step | ||
| Execution Type | ||
| Trading Instruments | Futures, CFDs, Indices, Metals, Forex | |
| Margin Call | ||
| Stop out | 60% | |
| Swap Free | ||
| Currency | AUD, GBP, EUR, USD | |
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, Neteller, Perfect Money, UnionPay, Visa, MasterCard, Crypto
- Withdrawal Methods: Bank Wire Transfer, Neteller, Perfect Money, UnionPay, Visa, MasterCard, Crypto
- Account Currencies: AUD, GBP, EUR, USD
Contact Info and Support
25 Dock Road Junction, V&A Waterfront Cape Town, 8001, South Africa
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 114 |
| Bounce Rate | 0.5061 | |
| Pageviews per Visit | 1.01 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 486 |
| August 2025 | 901 | |
| September 2025 | 114 | |
| Top countries | United Kingdom (GB) | 100% |
| Traffic sources | Search | 43.3% |
| Direct | 35.56% | |
| Referrals | 13.78% | |
| Social | 4.52% | |
| Paid Referrals | 1.34% | |
| 0.22% | ||
| Top keywords | mt cook fx | 40 ◦ $40 |
| high water mark | 2520 ◦ $0 | |
| high watermark | 1430 ◦ $0 | |
| high water mark indexing uses the | 720 ◦ $0 | |
| south africa fca | 250 ◦ $0 |
About Mt.Cook Financial
Mt. Cook Financial is a brokerage firm established in 2013 and headquartered in Cape Town, South Africa, at 25 Dock Road Junction, V&A Waterfront, Cape Town 8001. The company operates under the authorization of the Financial Sector Conduct Authority (FSCA) of South Africa with license number 50420. The official website is mtcookfinancial.com. Mt. Cook Financial offers trading in Forex/Currencies, CFDs, Indices, Precious Metals, and Futures through the MetaTrader 4 (MT4) platform.
The broker provides two main account types — the ECN STREAM Account and the DMA STREAM Account. The ECN STREAM Account requires a minimum deposit of USD 1 000 with a commission of USD 6.5 per lot, while the DMA STREAM Account requires USD 10 000 minimum deposit and a commission of USD 6. Both accounts offer maximum leverage of 1:100, allow hedging, scalping, and Expert Advisors, and specify a stop‑out level of 60 %. Available base currencies include AUD, GBP, EUR, and USD. Neither account is swap‑free (Islamic), and negative balance protection is not provided. Deposits and withdrawals are supported through multiple payment methods listed on the official site.
Who it’s for
- Experienced traders seeking ECN and DMA access with tight commission‑based pricing.
- Users familiar with MetaTrader 4 looking for multi‑asset exposure including Forex and CFDs.
- Investors comfortable with higher minimum deposits and no negative balance protection.
Pros and cons
Pros
- FSCA‑regulated entity with verified license No. 50420.
- Access to ECN and DMA execution models via MT4.
- Support for hedging, scalping, and Expert Advisors.
Cons
- No swap‑free (Islamic) accounts.
- No negative balance protection.
- Relatively high minimum deposit requirements.
