How does STANDARD Account differ from other types?
The standard account is the easiest way to open an account. You can start real trading by depositing a small amount. The standard account gives you access to real-time forex markets. As a nature of the forex market, we allow traders to buy and sell in the market using significant amounts of leverage, which gives them the ability to trade with higher amounts of money than what is actually in their accounts.
Also, transaction costs are low in the standard accounts. The transaction value is typically integrated with price as it appears in the forex market as a form of a spread. Spreads are measured in pips, and standard accounts have average spreads. For standard accounts, we don’t charge a commission, either a flat fee or one based on a percentage of the amount of the transaction.