Key to Securities (Pty) Ltd — Nasdaq 100 symbol, specs and trading conditions
USTEC. Contract size is 1 and the price quotes to 2 digits. Overnight swap is -237.93 long / 47.55 short.| Symbol on this broker | USTEC |
| Platform | MT4 |
| Instrument class | index CFD |
| Contract size | 1 |
| Digits | 2 |
| Minimum lot | 0 |
| Lot step | 0.1 |
| Maximum lot | 1,000 |
| Swap long | -237.93 |
| Swap short | 47.55 |
| Tick value | — |
| Trade mode | Disabled |
| Execution | Market |
| Fill policy | — |
What is Nasdaq 100 called on Key to Securities (Pty) Ltd?
Nasdaq 100 is called USTEC on Key to Securities (Pty) Ltd. Use that exact string in SymbolSelect() or iCustom() — MetaTrader symbol names are case-sensitive and will not resolve a close match.
Broker symbol names diverge because each one configures its own market watch. The same instrument can appear as a plain code, with a letter suffix for an account type, or under a legacy vendor name. The code above was read from Key to Securities (Pty) Ltd's live server, not copied from marketing material.
What is the swap on Nasdaq 100 at Key to Securities (Pty) Ltd?
Key to Securities (Pty) Ltd charges -237.93 to hold Nasdaq 100 long overnight and 47.55 to hold it short. Holding long costs more than holding short. Note that the short side is positive — Key to Securities (Pty) Ltd pays you to hold it overnight, which is what a carry strategy looks for.
Swap is applied at the broker's daily rollover and is charged at triple rate on one weekday to cover the weekend. Work out the real cost for your position size with the swap carry calculator.
Will my EA run on Key to Securities (Pty) Ltd for Nasdaq 100?
On Key to Securities (Pty) Ltd, trading is set to Disabled, orders execute in Market mode.
Market execution fills at the available price rather than requoting, so an EA does not need requote handling — but it must tolerate slippage, and stop loss / take profit usually cannot be attached in the same call.
Run the full compatibility check for this broker with the EA compatibility checker.