MT.COOK
forex peace army rating
4.0 out of 5
Fully agency-model ECN/ STP execution
 Raw spreads with no markup or conflict of interest
Partnership-driven approach
 Negative balance protection

MT.COOK - General Information


Rebate Rates

Instruments

Account Types

Mt.Cook

Mt.Kilimanjaro

Mt.Everest

Forex

(all currencies)

2 USD per lot 1.5 USD per lot 1 USD per lot

Metals

2 USD per lot 1.5 USD per lot 1 USD per lot

Commodities

2 USD per lot 1.5 USD per lot 1 USD per lot

Indices

2 USD per lot 1.5 USD per lot 1 USD per lot

Cryptos

2 USD per lot 1.5 USD per lot 1 USD per lot

Payment Options

►Monthly Rebates to FXRebate Wallet

►Monthly Rebates to FXRebate Wallet

►Monthly Rebates to FXRebate Wallet

 

Notes

  1. The Rebates are calculated for one round turn lot (100,000 USD in notional value).
  2. For other trading instruments rebate information please contact us at office@fxrebate.eu.

MT.COOK Overview

Mt.Cook Financial (mtcookfinancial.com) is a boutique, technology-driven FX & CFD broker built for serious traders, funds, and money managers. Under one brand, clients can access the full liquidity stream—ECN.

Mt.Cook runs an agency-only, A-book (no b-book) model: trades are passed straight through to liquidity partners/ODPs, and the firm’s compensation is the transparent round-turn commission quoted outside the spread. No hidden markups.

Accounts, pricing & leverage:

  • ECN account: commission $7.50 per standard round-turn lot, minimum deposit $500.

  • ECN (Mt. Kilimanjaro): commission $6.50 per round-turn lot, typically suited to higher volume.

  • Mt. Everest tier: $5.50 per round-turn for institutional flow.

Markets & platforms: Trade forex, precious metals, indices, energies, and crypto CFDs via MetaTrader 4 (desktop & mobile) or FIX/API for custom and systematic strategies. MT4 is heavily optimized (low-latency bridge, Equinix data centers) and the ECN MT4 terminal is available. API connectivity supports full depth-of-market and real-time pricing for quants and developers.

Liquidity & execution: The ECN stream aggregates 18+ independent liquidity sources and uses a Smart Order Routing Algorithm (SoRa) to balance tight pricing with market depth.

Money managers & copy/social trading: For asset managers, Mt.Cook offers its Hybrid PAM—a next-gen allocation system combining block execution with investor-level controls (risk multipliers, equity-stop protection, fee automation, and IP protection). The brokerage also integrates with leading social/copy networks (e.g., MetaTrader Signals, Myfxbook/Signal Start).

Funding & withdrawals: Accounts are managed via a secure client portal. Minimum deposit is $500; common funding routes include bank wire and crypto, and withdrawals are processed daily.

Regulation & group structure: Mt.Cook is a multi-entity group. Atlantic Pearl Financial (Pty) Ltd serves South African residents and is authorised by the FSCA (FSP 50420). Atlantic Pearl Limited (St. Kitts & Nevis) serves international clients. The website notes that services are not directed to U.S. residents and lists restricted jurisdictions. 


MT.COOK Details
Company Name Atlantic Pearl Ltd, Atlantic Pearl Financial (PTY) Ltd
Country South Africa
Year Open 2013
Headquarters South Africa
Offices South Africa, Saint Kitts & Nevis
Employees 10+
License FSCA South Africa: FPS Number 50420
Regulatory Authorities FSCA South Africa
USA Clients No
Japanese Clients Yes
European Clients Yes
Canadian Clients Yes
Restricted Countries MT.Cook cannot engage with, or work with natural persons or entities from the USA, or Nevis, in addition to the following general OFAC Sanctioned Countries: Afghanistan, Guinea Conakry, Sierra Leone, Botswana, Iran, Syria, Burma (Myanmar), Iraq, Togo, Cambodia, Lesotho, Yemen, Cote d'Ivoire (Ivory Coast), Liberia, Zimbabwe, Cuba, Libya, Tanzania, Democratic Republic of Congo, Mali, Bolivia, Niger, Angola, Gambia, North Korea, Kyrgyzstan, Belarus, Guinea Bissau, Senegal and Lebanon.

Regulatory Authority
Agency Financial Services Board of South Africa
Short Name FSCA
Country South Africa
Min Capitalization N/A
Government Enforced Segregated Accounts Yes
Description

The FSB is an independent institution, established by statute to oversee the South African non-banking financial services industry in the public interest, and fully funded by fees and levies imposed on this industry.

After more than 20 years of regulating the non-banking sector of South Africa’s financial services industry, the FSB has established itself as a reputable authority in this field, locally and internationally. Over the years, it has contributed to the stability of this industry while meeting its mandate of protecting consumers of financial products and services.

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Account Options

Account Types Mt.Cook, Mt.Kilimanjaro, Mt.Everest
Min Deposit 500 USD
Max Leverage 1:500 for Mt.Cook accounts, 1:200 fpr Mt.Kilimanjaro accounts, 1:100 for Mt.Everest accounts
Min Trade Size 0.01 lots
Max Trade Size 100 lots
Spreads MT.COOK Spreads
Spread Types Variable spreads
FX Pricing Decimals 5
Commission MT.COOK Commissions
Rollover (Swaps) Available in the trading platform
Stop Out Level 70%
VPS (Virtual Private Server) No

Trading Options
Execution Options ECN
Instruments Forex, Metals, Commodities, Indices, Cryptos
OCO Orders No
Trailing Stops No
One Click Trading Yes
Scalping Allowed Yes
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts No
Copy Trading Yes

Platforms Supported

Trading Platforms MT4 for Windows, MT4 for MacOS, MT4 for Linux, MT4 Mobile
Mobile Support MT4 Android, MT4 iOS
Trading API Yes
Managed Accounts Featured No
MAMM/PAMM Platform Option Yes
MAMM/PAMM Leaderboard No
Trading Platform Time GMT + 02:00
Observe DST Change No
DST Change Timezone GMT + 03:00
Non-expiring Demo No

Funding Information

Deposit Methods Bank Wire, Cryptocurrencies
Withdrawal Methods Bank Wire, Cryptocurrencies
Broker to Broker Transfer Yes
Account Currency USD, EUR, GBP, AUD
Client Funds Bank N/A
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


Trading Volume

Basically in this type, you’ll receive cashback based on your operations volume. Based on this, you’ll generate commission to your provider. Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider.

Learn more


Crypto cashback available

You can receive cashback on cryptocurrency trades such as Bitcoin, Ethereum, Ripple, LiteCoin, Tether, etc.


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MT.COOK Customer Service

 24-hour support

 Languages: English

 Email, Phone, Live Chat, Teams, WhatsApp

MT.COOK Contact


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