Kestrel EA Account Requirements

Kestrel runs on your own MetaTrader 4 account, so the account has to meet a short list of technical requirements. They describe the account, not a company: the choice of broker is yours.

See pricing and licence levels

Technical requirements of the account

  • MetaTrader 4 platform.
  • An account that allows buying and selling the same pair at the same time (hedging; FIFO accounts do not work).
  • Server time with the daily close at 17:00 New York (UTC+2 in winter, UTC+3 in summer).
  • An account in EUR or USD.
  • The technical capital figures are computed at 1:500 leverage and a stop-out of 20% (Standard) or 50% (Raw/ECN). With EU-regulated brokers the retail leverage cap is 1:30 and the capital required is higher.
  • The choice of broker and of its protections is yours. If the account does not meet these requirements, Kestrel does not trade and tells you why.

See pricing and licence levels

Last updated: