New Trader- Raw account any good?

Tom Richards

Trader
Jun 1, 2016
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0
6
58
Hi,

I have been testing out on the demo account for a few months now and ready to make the move to the live . I noticed that a lot of brokers offer standard and raw accounts. Does the raw account actually work out cheaper to trade on?

Cheers
Tom
 

Enivid

Administrator
Staff member
Nov 30, 2008
16,150
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Odessa
www.earnforex.com
If by raw accounts you mean ECN accounts with raw spreads + commission, it might be a cheaper choice for high volume trading with multiple positions per day. For normal swing trading and long-term trading, standard accounts might be more suitable.