Account Types

MT4 Account Types at a Glance

Standard Account PRO(ECN) Account
Trading Platform MT4 MT4
Commission (AUD - per lot per side) $0 $3.50
Spreads from (pips) 1.2 0.2
Starting Deposit $100 $200

Account Features in more Detail

Monex offers two account types that have been carefully configured to cater for all types of traders, from novices to highly experienced and professional traders. Monex clients can choose whether they want to trade on razor tight spreads and pay a low commission per lot or have the cost factored into the spread. Both account types attract liquidity from global banks and specialised ECNs. MT4 servers hosted in a secure, well renowned Equinix LD4 data centre creates a low latency and fast execution experience.

Standard Account PRO (ECN) Account
Trading Platform MT4 MT4
Commission (per lot per side) $0 $3.50
Spreads from (pips) 1.2 0.2
Starting Deposit $100 $200
Server Location LD4, Equinix London LD4, Equinix London
Micro Lot Trading
Symbols to Trade 80+ 80+
Max Leverage 200:1 200:1
Margin Call Level 100% 100%
Stop Out Level 50% 50%
Scalping Allowed
Order Distance from Market 0 0
Support Multiple Language
Mobile Trading
Trading Styles Discretionary Traders EA's & Scalpers
Low Latency Trading