Account types

Broker, Account and Platform — Lesson 3 of 5

Every broker offers several account types. The difference between them is cost, minimum deposit and execution method — not a matter of “better” and “worse”.

The common classification

Type	Spread	Commission	Suits
Standard	wider, includes the cost	none	beginners and light traders
Raw / ECN	very tight	a per-lot commission	frequent traders
Cent	depends on the type	depends on the type	experimenting on very small capital
Demo	—	—	learning without risk

03 — Lesson 3 of 5

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