Brokers offer different account flavours. Pick the one that fits how you trade.
1.0+ pipStandardNo commission, wider spread. Simple.
0.0 + $Raw / ECNSpread from 0.0 + commission per lot.
¢CentBalance shown in cents. Tiny real-money practice.
0 swapSwap-freeNo overnight interest; a fee may apply instead.
Which one is right for you?
- Just learning? A cent or small standard account keeps real-money practice cheap.
- Trading often? A raw/ECN account usually costs less overall.
- Need to avoid interest for religious reasons? Swap-free (Islamic) accounts exist.
Example
Standard account: 1.2 pip spread = $12 per lot. Raw account: 0.1 pip spread + $7 commission = $8 per lot. Over 100 lots a month, that's $400 saved.
Wick says
Cent accounts are underrated. Real execution, real emotions, tiny risk. Great bridge between demo and live.
Key takeaways
- Standard = no commission, wider spreads.
- Raw = tight spreads + commission; cheaper for active traders.
- Cent accounts are perfect for low-risk live practice.