Introduction to Account Models
Brokers generally offer two primary models for pricing: Standard (commission-free with markup on spreads) and ECN (Electronic Communication Network, offering raw market spreads with a flat commission per transaction). Understanding these models is key to maximizing profitability.
Standard Accounts: Simple and Clean
Standard accounts are ideal for swing traders, long-term investors, and beginners. The pricing structure is simple—there is no extra commission charge; it is already factored into the spread. With Avora Markets, standard spreads start as low as 0.9 pips.
ECN Accounts: Institutional Spreads
ECN accounts connect you directly to liquidity providers (banks, prime brokers). The spread starts at 0.0 pips. In exchange for raw spreads, a flat commission of $2.0 per side per lot is charged. This is the choice of scalpers, day traders, and high-volume algorithms.
Direct Comparison
| Feature | Standard | ECN |
|---|---|---|
| Spread | From 0.9 pips | From 0.0 pips |
| Commission | Zero | $2.0 / side per lot |
| Min Deposit | $10 | $5000 |
