United States of America
A Rebate Service Working since 2009
Gerchik&Cо
Up to $3.2 per lot
Partner ID: 4865
Gerchik&Co is a unique project created by a single person who, being a professional money manager and trader with impeccable reputation, ended up creating a team of such valued professionals, along with a brokerage company. With Gerchik&Co, each trader gets the following bonuses: Risk Manager, a tool created by Alex Gerchik to minimize your risks during high volatility periods;Trader Stats, a service for locking profits and analyzing your trading activity; LiveForecast, an indicator for trading based on price levels; a TIMA account, which is a concept of PAMM accounts designed for unbiased assessment of money management.

News Gerchik&Cо

March 13, 2024 in 12:04
gerchik-s-18-marta-dlya-schetov-v-metatrader-5-izmenyayutsya-usloviya-image

Upcoming Changes in Trading Conditions of US Stocks and ETF in MT5

Dear traders,

Please be informed that starting from March 18, 2024, there will be alterations to the trading conditions concerning assets within the US Stocks and ETF groups for MetaTrader 5 accounts. However, trading conditions in MetaTrader 4 will remain unchanged.

Here’s what will change:

Trade volume
    • The minimum order volume for US Stocks and ETFs will be decreased from 50 lots to 1 lot.

Commission Fee
  • The commission for a single lot in a trade will be $0.03, with a minimum commission of $1.5 per trade.
  • This commission will be deducted from each trade, both upon entering and exiting a position. Instead of the previous $0.06 per lot for entering a position, there will now be a $0.03 commission per lot for both entry and exit.

These adjustments will become effective at 00:00 on March 18, 2024, according to the MetaTrader 5 server time. For MetaTrader 4 accounts, all existing conditions will remain unchanged.

 

Best regards,
team Gerchik & Co