- Top 5 Brokers with Standard Accounts
- What Are Standard Accounts?
- Detailed Overview of Top Brokers with Standard Accounts
- Types of Standard Accounts Offered by Top CFD Brokers
- How to Open a Standard Account with Top CFD Brokers
- Trading Conditions for Standard Accounts
- Comparison of Standard Accounts Among Top Brokers
- FAQs about Standard Trading Accounts
Top 5 Brokers with Standard Accounts
| Commision | Instruments | Min Dep | Leverage | Platforms | ||
|---|---|---|---|---|---|---|
 Exness | No commission fees, cost through spreads | Forex Crypto Metals Indices Commodities | $10 | Up to 1:2000 | MT4 MT5 Web Terminal Mobile App | |
 Pepperstone | $0-$3 per lot | Forex Indices Commodities Stocks Cryptocurrencies | $200 | Up to 1:500 | MT4 MT5 cTrader | |
 IC Markets | $3-$7 per lot | Forex Indices Commodities Stocks Futures | $200 | Up to 1:500 | MT4 MT5 cTrader TradingView Web Mobile | |
 eToro | $0 (cost via spreads) | Forex Stocks Crypto ETFs Commodities | $50 | Up to 1:30 | eToro Platform Mobile App | |
 XM | $0-$3.5 per lot (account dependent) | Forex Indices Commodities Stocks Crypto | $5 | Up to 1:1000 | MT4 MT5 XM App |
What Are Standard Accounts?
Standard accounts from top CFD brokers are popular among traders for their friendliness and convenience. These accounts cater to both novice and professional traders seeking a competitive trading environment with no commissions and low spreads, often starting as low as 0.3 pips. Leverage options are highly flexible, typically ranging from 1:2 to very high ratios, allowing traders to manage risk based on their trading style and market conditions. These accounts provide access to a wide range of financial instruments, including Forex, commodities, and cryptocurrencies, offering great flexibility for various trading strategies.
A key advantage of standard accounts from top CFD brokers is their simplicity and user-friendly interface, making them an excellent choice for beginners. The account setup is often straightforward, with no complicated conditions. Features typically include instant order execution, ensuring quick and accurate trades with minimal slippage. Additionally, account holders can often trade on popular platforms like MT4 and MT5, which provide a vast array of instruments and tools for technical analysis and trading automation.
Detailed Overview of Top Brokers with Standard Accounts
1. Exness
Exness – The Do-It-All App
Exness offers one of the most accessible standard accounts in the industry with a minimum deposit of just $10. Their standard account provides competitive spreads starting from 0.3 pips with no commissions on trades. What sets Exness apart is their exceptionally high leverage of up to 1:2000, though this varies by region due to regulatory requirements.
The Exness standard account gives traders access to a wide range of instruments including Forex pairs, commodities, indices, and cryptocurrencies. The account supports both MetaTrader 4 and MetaTrader 5 platforms, catering to different trading preferences. Exness also offers fast execution speeds and reliable customer support, making it particularly suitable for both beginners and experienced traders looking for cost-effective trading conditions.
2. IC Markets
IC Markets
IC Markets is known for its raw spread accounts and deep liquidity, making it particularly popular among serious traders. Their standard account requires a minimum deposit of $200 and offers spreads from as low as 0.0 pips, though a small commission is typically applied. With leverage up to 1:500, IC Markets provides flexibility for various trading strategies.
The broker supports multiple platforms including MT4, MT5, and cTrader, giving traders advanced charting capabilities and automated trading options. IC Markets excels in execution speed due to their institutional-grade liquidity connections and equinix NY4 servers. Their standard account provides access to over 230 tradable instruments across forex, commodities, indices, bonds, and cryptocurrencies.
3. eToro
eToro
eToro offers a standard account with a focus on social trading features. With a $50 minimum deposit, it’s relatively accessible for beginners. While spreads start from around 1.0 pips, which is higher than some competitors, eToro compensates with its unique CopyTrader feature that allows users to automatically copy the trades of successful investors.
The platform uses its own proprietary trading interface rather than MT4/MT5, making it particularly user-friendly for beginners. eToro’s standard account provides access to multiple asset classes including stocks, ETFs, and cryptocurrencies in addition to CFDs. Leverage is capped at 1:30 for retail clients in compliance with regulatory requirements in many jurisdictions. The social element of eToro makes it especially appealing for traders looking to learn from others.
4. XM
XM
XM offers one of the lowest barriers to entry with a standard account minimum deposit of just $5. Their standard account features spreads from 1.0 pips with no commission charges. XM provides leverage up to 1:1000, though this varies by regulatory jurisdiction.
The broker supports both MT4 and MT5 platforms and offers a comprehensive range of over 1,000 instruments including forex, commodities, indices, stocks, and cryptocurrencies. XM is particularly noted for its educational resources, making it suitable for beginners. They also offer multilingual support across over 30 languages and a personal account manager system, which enhances the trading experience for users from various backgrounds.
5. Pepperstone
Pepperstone
Pepperstone’s standard account requires a $200 minimum deposit and offers institutional-grade liquidity with spreads from 0.0 pips, though a small commission applies. Their leverage extends up to 1:500, providing flexibility for various trading strategies.
The broker supports MT4, MT5, and cTrader platforms, catering to different trader preferences. Pepperstone is known for its award-winning customer service and fast execution speeds, with 99.9% of orders executed in less than 30 milliseconds. Their standard account provides access to over 150 instruments across forex, indices, commodities, cryptocurrencies, and shares. Pepperstone is particularly strong for active traders who value execution quality and competitive pricing.
Types of Standard Accounts Offered by Top CFD Brokers
Top CFD brokers offer various types of standard accounts to accommodate different trading styles, experience levels, and capital requirements. These accounts provide traders with competitive conditions and access to a wide variety of instruments with flexibility when trading. Whether you’re just starting out or looking to improve your strategies, the standard accounts offered by leading brokers have suitable options for every trader.
Standard Account Features Across Top Brokers
| Feature | Details |
| Minimum Deposit | Varies from $5 to $200 depending on broker |
| Leverage | Ranges from 1:30 to 1:2000 (varies by region and regulation) |
| Spreads | From 0.0 to 1.0 pips depending on broker |
| Commission | Most standard accounts have no commission fees (some apply small fees) |
| Trading Instruments | Forex, Metals, Cryptocurrencies, Indices, Energies, Stocks |
| Execution Type | Market Execution |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platforms |
| Swap Fees | Varies by broker (some offer swap-free options) |
| Order Types | Market, Limit, Stop, Trailing Stop |
| Ideal for | All types of traders, particularly those who want a standard trading environment with balanced conditions |
Regular Standard Account
The Regular Standard Account is ideal for traders seeking a balance between cost-effectiveness and access to advanced trading features. Characterized by competitive spreads, minimal or no commissions on trades, and flexible leverage options, these accounts cater to intermediate traders who want to manage larger positions. These accounts are typically compatible with popular platforms like MT4/MT5 or cTrader and include hundreds of instruments with technical analysis and automated trading capabilities.
Micro or Cent Account
Several of the top brokers also offer Micro or Cent Accounts designed for beginning traders or those who prefer to test strategies with minimal capital. In these accounts, trades are often denominated in cents rather than dollars, significantly lowering risk exposure while traders gain experience. These accounts typically share many features with standard accounts but with lower entry requirements, making them perfect for those who are just starting their trading journey or prefer trading in micro-lots.
The Micro/Cent account options are particularly prevalent with brokers like Exness, XM, and several others that focus on accommodating beginners and risk-conscious traders. These accounts provide an excellent way to practice trading with real money while minimizing potential losses during the learning process.
How to Open a Standard Account with Top CFD Brokers
Opening a standard account with leading CFD brokers is a straightforward process that provides access to multiple financial instruments and numerous trading opportunities. Whether you’re a beginner or an experienced professional, the user-friendly platforms offered by top brokers accommodate traders of all levels.
Registration Process
First, you need to register an account. This is typically fast and takes just a few minutes:
- Visit the broker’s website: Navigate to the official website of your chosen broker (Exness, IC Markets, eToro, XM, or Pepperstone) and click on “Open Account,” “Register,” or a similar button.
- Enter your details: You’ll be asked to provide an email address, create a password, and select your country of residence.
- Verify your email: Open your email inbox and confirm your email address via the link received from the broker.
- Complete your profile: Fill in the relevant personal information required, such as your full name, address, phone number, and other necessary details.
Upon completing registration, you’ll gain initial access to the broker’s trading platform with basic features.
Account Verification
Due to security reasons and compliance with international regulations, all reputable brokers require identity and address verification for new users. This standard international practice in the financial sector, known as Know Your Customer (KYC), protects both the company and the client from fraud.
You will typically need to provide:
- Proof of identity: Upload a government-issued ID such as your passport or driver’s license to verify your identity.
- Proof of address: Submit a recent utility bill or bank statement that shows your name and current address.
Verification usually takes anywhere from a few hours to 24-48 hours, depending on the broker. Once your documents are approved, you’ll be given full access to the trading platform with complete deposit and withdrawal capabilities.
Funding Your Account
After verifying your account, the next step is to fund it so you can begin trading. Top brokers offer various payment methods to suit different preferences:
- Bank Transfer: Securely transfer funds directly from your bank account (may take 1-3 business days).
- Credit/Debit Cards: Fund instantly with Visa, MasterCard, or other major cards.
- E-Wallets: Make instant deposits using popular services like Skrill, Neteller, and PayPal (availability varies by broker).
- Cryptocurrencies: Many brokers now accept funding with popular cryptocurrencies like Bitcoin and Ethereum.
The minimum deposit requirement varies by broker—ranging from as low as $5 with XM to $200 with IC Markets and Pepperstone. Once your account is funded, you can immediately begin trading in the financial markets using your chosen platform (MT4, MT5, cTrader, or the broker’s proprietary platform).
Trading Conditions for Standard Accounts
Top CFD brokers design their standard accounts to provide users with competitive trading conditions suitable for both beginners and experienced traders. Here’s what you can expect when trading with a standard account from leading brokers:
- Spreads: Competitive floating spreads starting from as low as 0.0 pips with IC Markets and Pepperstone, 0.3 pips with Exness, and around 1.0 pips with XM and eToro for major currency pairs. Lower spreads reduce trading costs, which is essential for both short-term and long-term trading strategies.
- Leverage: Brokers offer flexible leverage options ranging from 1:30 (eToro, in compliance with European regulations) up to 1:2000 (Exness, in certain jurisdictions). Higher leverage enables traders to control larger positions with smaller investment amounts, potentially increasing returns but also amplifying risk.
- Execution: Standard accounts typically use market execution that ensures orders are filled at the best available price without requotes. This is particularly valuable for traders operating in fast-moving markets where price certainty is crucial.
- Commission Structure: Most standard accounts charge no direct commission fees, with costs built into the spread instead. This transparent approach makes it easier to calculate overall trading costs and potential profit. Some brokers like IC Markets and Pepperstone may offer raw spread accounts with a small commission fee.
- Minimum Order Size: Standard accounts generally allow trading with a minimum order size of 0.01 lots (or even 0.001 with micro-lot accounts), making them accessible to traders starting with smaller amounts or those who prefer precise position sizing.
- Trading Platforms: Access to industry-standard platforms like MetaTrader 4, MetaTrader 5, and cTrader is common, with some brokers like eToro offering proprietary platforms. These platforms provide comprehensive tools and features to enhance your trading experience.
- Stop-Out Levels: Stop-out levels typically range from 0% to 50%, giving traders reasonable leeway to hold positions during market fluctuations, providing room to recover before positions are automatically closed.
These trading conditions make standard accounts from top brokers flexible and suitable for traders who value accessibility, reasonable costs, and efficient performance across various market conditions. The exact specifications vary by broker, with each offering distinct advantages that might appeal to different trading styles and preferences.
Comparison of Standard Accounts Among Top Brokers
Standard vs. Cent/Micro Accounts
- Minimum Deposit:
- Standard Accounts: Minimum deposits vary by broker – $10 with Exness, $200 with IC Markets and Pepperstone, $50 with eToro, and as low as $5 with XM.
- Cent/Micro Accounts: Where offered (such as by Exness and XM), these typically have very low or no minimum deposit requirements, designed for beginners or those wanting to trade smaller volumes.
- Trading Volume:
- Standard Accounts: Allow trading in standard lots (1 lot = 100,000 units), suitable for traders ready to handle larger volumes.
- Cent/Micro Accounts: Trading is done in micro-lots or cent-denominated units, making them ideal for traders seeking lower volume trading with reduced risks.
- Spreads and Commissions:
- Standard Accounts: Spreads vary from 0.0 pips (IC Markets, Pepperstone) to around 1.0 pips (XM, eToro). Some charge no commissions (Exness, XM, eToro) while others apply small commission fees for raw spread accounts.
- Cent/Micro Accounts: Typically have slightly higher spreads compared to standard accounts but generally don’t charge commissions.
- Leverage:
- Both Account Types: Leverage ranges widely from 1:30 (eToro) to 1:2000 (Exness), varying by broker and regulatory jurisdiction. This provides flexibility in position management.
- Target Group:
- Standard Accounts: Suitable for beginners and experienced traders who plan to engage in regular trading with moderate funds.
- Cent/Micro Accounts: Designed for complete beginners or experienced traders wanting to test strategies with minimal risk.
Standard vs. Professional/Premium Accounts
- Minimum Deposit:
- Standard Accounts: Lower minimum deposits as detailed above, making them accessible to most traders.
- Professional/Premium Accounts: Require significantly higher minimum deposits, typically starting from $1,000-$10,000, targeting advanced traders with greater capital.
- Spreads and Commissions:
- Standard Accounts: Competitive spreads with either no commissions or small commission fees depending on the broker.
- Professional/Premium Accounts: Usually offer tighter spreads from 0.0 pips but may add commission fees. These accounts are more appropriate for high-volume traders seeking the lowest possible overall trading costs.
- Order Execution:
- Standard Accounts: Market execution filling orders at competitive prices and speeds.
- Professional/Premium Accounts: Often feature enhanced execution with priority routing, potentially providing faster execution speeds. These accounts are typically designed for demanding clients who require optimal trading conditions.
- Leverage:
- Standard Accounts: Leverage options as detailed above, varying by broker and regulation.
- Professional/Premium Accounts: May offer higher leverage options for qualified professional clients, especially in jurisdictions where retail client leverage is restricted.
- Trading Platforms:
- Both Account Types: Accessible on industry-standard platforms (MT4, MT5, cTrader), though premium accounts may include additional tools, resources, or customization options.
- Intent:
- Standard Accounts: Suitable for most traders, both beginners and those with moderate experience.
- Professional/Premium Accounts: Ideal for experienced traders seeking institutional-grade conditions who are comfortable with higher deposits and potentially paying commissions for better execution.
FAQs about Standard Trading Accounts
What is a Standard Account with CFD brokers?
A Standard Account is a flexible trading account designed for both beginners and experienced traders. It typically offers competitive spreads, minimal or no commissions, and access to a wide range of trading instruments on popular platforms like MT4 and MT5. With varying minimum deposit requirements and leverage options, standard accounts provide balanced trading conditions for most trading styles.
What is the difference between a Standard and Cent/Micro account?
Can I trade with a small deposit on these brokers?
Which type of standard account is suitable for me?
How can I open a Standard Account with these brokers?
