Forex Brokers with Standard Account
- Written By thinkforexbrokers
- Updated:
In Forex trading, understanding the different account types available is crucial for making informed decisions. One widely used option is the Standard Account, which has a contract size of 100,000 units of the base currency. Most Forex brokers also offer other account types—such as Micro, Large, Demo, and Swap-Free accounts—to meet the varied needs of traders. Choosing the right account depends on factors like minimum deposit requirements, lot sizes, and maximum allowable leverage. To save traders the effort of searching, we have compiled a list of top-rated Forex brokers that offer Standard Accounts.
74-89 % of retails CFD accounts lose money
73.85 % of retails CFD accounts lose money
59.57 % of retails CFD accounts lose money
Trading leveraged product is risky
74-89% of retails CFD accounts lose money
75.5 % of retails CFD accounts lose money
The vast majority of retail client accounts lose money
82 % of retails CFD accounts lose money
72.82 % of retails CFD accounts lose money
eToro
61 % of retails CFD accounts lose money
Top 11 Brokers Offering Standard Accounts
1. Fusion Markets
Fusion Markets is a highly rated Forex broker, authorized and regulated by both ASIC and the VFSC. The company keeps its account options straightforward, offering Zero, Classic, and Demo accounts. The Demo account serves as a valuable training ground for beginners, with the flexibility to switch seamlessly to a live trading account when ready. The main distinction between the Zero and Classic accounts lies in how trading costs are applied—either as a separate commission or built into the spread. Fusion Markets also provides a Swap-Free Account option. For Standard Account holders, minimum and maximum lot sizes range from 0.01 to 100 lots.
Gleneagle Asset Management Limited (ABN 29 103 162 278), trading as Fusion Markets, is the issuer of the Fusion Markets products mentioned in this communication. Trading these products carries both the potential for profit and the risk of losses that may significantly exceed your initial deposit, and is not suitable for all investors. Before trading, you should carefully read the Financial Product Service Terms, Product Disclosure Statement (PDS), and Financial Services Guide—all available on our website. Consider your own financial circumstances, needs, and investment objectives, and seek independent financial advice where appropriate.
2. FP Markets
Founded in 2018, FP Markets is a fully regulated Forex and CFD broker known for its tight spreads, rapid trade execution, and advanced trading platforms. The broker offers two main Forex account types – Standard and Raw. Standard accounts feature spreads from 1.0 pips, while Raw accounts provide spreads starting at 0.0 pips plus a $3.00 commission per lot. Both account types require a minimum deposit of just $50 and offer leverage of up to 1:30. Traders can open positions from as little as 0.01 lots. Beginners are encouraged to start with a free Demo account to practice in a risk-free environment before transitioning to live trading.
CFDs are complex financial instruments that carry a high risk of rapid losses due to leverage. With this provider, 72.92% of retail investor accounts lose money when trading CFDs. Before investing, carefully consider whether you fully understand how CFDs work and whether you can afford to take the substantial risk of losing your capital.
3. Pepperstone
Pepperstone is an award-winning online Forex and CFD broker known for its advanced tools and cutting-edge technology. To suit different trader preferences, the broker offers two primary account types: Razor and Standard. Standard accounts feature variable spreads with all fees included, making them a popular choice for those seeking simplicity. Razor accounts provide raw spreads combined with a commission of €2.60 per lot, per side, appealing to traders who prefer lower spreads and transparent costs.
CFDs are complex instruments and carry a high risk of rapid financial loss due to leverage. With this provider, 75.5% of retail investor accounts lose money when trading CFDs. It is important to consider whether you fully understand how CFDs work and whether you can afford the high risk of losing your invested capital.
4. BlackBull Markets
BlackBull Markets, founded in 2014 in New Zealand, is a favored choice among global traders thanks to its wide market access, competitive spreads, and low fees. The broker provides three main account types: Standard, ECN Prime, and ECN Institutional, each designed to meet different trading needs.
The Standard Account is ideal for beginners, featuring tight spreads starting at 0.8 pips, no commission, and no minimum deposit requirement. For traders seeking deeper liquidity and faster execution, the ECN Prime Account offers raw spreads from 0.1 pips alongside a commission of $6.00 per lot. BlackBull Markets operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA) and offers leverage up to 1:500.
5. Global Prime
Founded in 2010 in Sydney, Australia, Global Prime is a reputable Forex broker regulated by multiple authorities, including ASIC, VFSC, and FSA. The broker offers free Demo Accounts that provide new traders with access to advanced charting and analytical tools. Transitioning from a Demo to a live account is seamless, with options to choose between Standard and Raw accounts based on individual trading preferences. Standard accounts feature spreads starting from 0.9 pips with no commissions, while Raw accounts offer spreads from 0.0 pips plus a $3.50 commission per lot. Additionally, experienced traders can open Global Prime Pro Accounts, which offer flexible leverage and enhanced trading conditions.
Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017), regulated by ASIC and licensed to provide financial services in Australia under Australian Financial Services License No. 385620. Gleneagle Securities Pty Limited, trading as Global Prime FX, is a registered company in Vanuatu (Company Number 40256) and regulated by the VFSC. The Global Prime website is owned and operated by FMGP Trading Group Pty Ltd (ABN 74 146 086 017).
6. XM Group
Founded in 2009, XM has grown into a major financial services provider, serving over 10 million clients across more than 190 countries. XM offers three main account types: Ultra Low Micro, Ultra Low Standard, and XM Zero accounts. The Ultra Low Micro and Standard accounts support base currencies such as EUR, USD, and GBP, while the XM Zero account offers USD, EUR, and JPY options. All accounts have a low minimum deposit requirement starting at just $5, allowing traders to begin with an amount that suits their budget. Spreads for Micro and Standard accounts start from 0.8 pips, whereas XM Zero accounts feature spreads from 0.0 pips plus a commission. Additionally, all accounts include features like negative balance protection, hedging, and an Islamic account option.
Risk Warning: CFDs are complex instruments and carry a high risk of rapid financial loss due to leverage. Approximately 72.82% of retail investor accounts lose money trading CFDs with this provider. Please ensure you fully understand how CFDs work and carefully consider whether you can afford the high risk of losing your money.
7. eToro
Since its launch in 2007, eToro has grown into a global financial services leader, boasting over 30 million users and a diverse offering of more than 5,000 tradable instruments. The platform provides four main account types: Personal (retail), Professional, Corporate, and Islamic. Most users start with the Personal account, which allows access to all supported assets, the ability to copy other traders, and invest in Smart Portfolios. While this account comes with some leverage restrictions, it offers the highest level of consumer protection. For those new to trading, eToro also offers Demo accounts, so users can practice without any risk.
CFDs are complex instruments that carry a high risk of losing money quickly due to leverage. About 61% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and carefully consider whether you can afford the high risk of losing your money.
8. AvaTrade
AvaTrade is an award-winning broker regulated across nine jurisdictions, including CySEC, FSCA, and ASIC. Traders can choose from various account types, with Free Demo accounts ideal for beginners to practice risk-free. Standard accounts cater well to casual traders, while other options include spread betting, Islamic, and professional accounts. A standout feature is AvaProtect™, which lets traders safeguard a selected trade against losses up to $1 million by paying a fixed premium upfront.
CFDs are complex instruments that carry a high risk of rapid financial loss due to leverage. Approximately 76% of retail investor accounts lose money when trading CFDs with this provider. It is important to fully understand how CFDs work and to carefully consider whether you can afford the high risk of losing your invested capital.
9. Axi
Since launching in 2007 in Sydney, Australia, Axi has grown into a globally trusted broker serving thousands of traders. The company offers competitive spreads, reliable execution, and advanced trading tools. Traders can choose from several live account types, including Standard, Pro, Swap-Free (Islamic), Premium (available to select clients), and Axi Elite. The Standard account features spreads starting at 0.9 pips with a minimum trade size of 0.01 lots.
CFDs are complex instruments that carry a high risk of rapid financial loss due to leverage. Most retail client accounts experience losses when trading CFDs. It is important to fully understand how CFDs operate and carefully consider whether you can afford to take the significant risk of losing your money.
10. Capital.com
Capital.com is a prominent global financial services provider, boasting over 610,000 registered traders and a monthly trading volume exceeding $148 billion. The broker adheres to the regulatory standards set by top-tier authorities like the FCA and CySEC. Capital.com offers four account types: Standard, Plus, Premier, and Invest. The Standard account requires a minimum deposit of $20, features spreads starting at 0.6 pips, charges no commissions, and offers leverage up to 1:30.
CFDs are complex instruments that carry a high risk of rapid financial loss due to leverage. Approximately 70% of retail investor accounts lose money when trading CFDs with this provider. It is important to carefully consider whether you fully understand how CFDs operate and whether you can afford to take the significant risk of losing your money.
11. ActivTrades
Established in 2001, ActivTrades serves traders across more than 170 countries and is licensed by multiple regulators, including the FCA, SCB, and FSC. The broker offers a variety of account types—Professional, Individual, Demo, and Islamic—catering to traders of all experience levels. Its Individual Account, tailored for retail traders, features ultra-fast execution, no requotes, and negative balance protection. Forex traders can select from several base currencies such as EUR, USD, SEK, and CHF. ActivTrades provides multilingual customer support available 24/5, with representatives fluent in 14 languages. Individual account holders benefit from commission-free trading, with spreads included in trading costs, and can trade using the proprietary ActivTrader platform, popular MetaTrader platforms, or TradingView.
CFDs are complex instruments that carry a high risk of rapid financial loss due to leverage. Approximately 75% of retail investor accounts lose money when trading CFDs with this provider. Before trading, you should carefully consider whether you fully understand how CFDs work and if you can afford to take the high risk of losing your money.
Comprehensive Comparison of the Top 10 Forex Brokers with Standard Account
Forex Broker | Min Deposit | Account Types | Spread | Min Contract Size | Max Leverage | Markets | FX Pairs | Negative Balance Protection | Platforms | Regulators | Trust Pilot Rating |
$50 (AU$100) | Standard, Raw, Demo, Professional, Islamic | 1.0 pips Standard; 0.0 pips Raw | 0.01 | 1:30 (Retail) 1:500 (Professional) | Forex CFDs, Shares CFDs, Metals CFDs, Commodities CFDs, Indices CFDs, Crypto CFDs, ETF CFDs | 70+ | Yes (Retail traders) | MetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingView | ASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines), SCB (Bahamas) | ||
$0 | Zero, Classic, Islamic, Demo, Professional | from 0.9 pips Classic; from 0.0 pips Zero | 0.01 | 1:30 for ASIC Entity (1:500 for VFSC Entity) | CFDs, Commodities, Indices, Crypto, US Stocks | 80+ | Yes (ASIC entity only) | MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView | ASIC, FSA (Seychelles), VFSC (Vanuatu) | ||
$100 | Retail, Professional, Islamic, MAM | From 0.9 pips (retail), 0.6 pips (pro) | 0.01 | 1:30 (1:400 for Pro and Non-EU Accounts) | Forex, Major stock indices, Cryptocurrencies, Commodities, Bonds, Individual Shares, ETFs | 50+ | Yes (European and Australian Retail traders) | MetaTrader4, MetaTrader5, WebTrader, AvaTade App, AvaSocial, AvaOptions, DupliTrade | FFAJ (License No.1574), CySEC (No. 347/17), ISA (No. 514666577), IIROC, ADGM / FSRA (No.190018), CBI (No.C53877), BVIFSC (No. SIBA/L/13/1049), FSCA(No.45984), ASIC (No.406684), JFSA (No. 1662) | ||
$0 | Standard, Raw, Demo, Professional | 0.9 pips Standard, 0.0 pips Raw | 0.01 | 1:30 (Retail) 1:500 (Professional) | Cryptocurrencies, Indices, Commodities, Bonds | 56 | Yes (ASIC entity only) | MT4, MT4 Webtrader, MT4 Android; for VFSC clients MT4, MT5, and GP Copy | ASIC (No. 385620), VFSC (No. 40256) | ||
$0; $5 (EU and UK) | Standard, Elite, Professional, Demo, Islamic | From 0.0 pips (Elite and Pro Accounts), 0.9 pips (Standard Account) | 0.01 | 1:30 (Retail) 1:500 (Professional) | Forex, Stocks, IPOs, Indices, Commodities, Cryptocurrencies | 80 | Yes | MetaTrader4, MT4 WebTrader, Axi Mobile | ASIC, FCA, CySEC, DFSA, FSA (Saint Vincent and the Grenadines), FMA | ||
$20 ($50 for wire transfers) | v | 0.6 pips | 0.01 lots for forex and some other instruments; 0.1 or 1 share/contract for stocks and indices | 1:30 (Retail) 1:300 (Professional) | Shares, Forex, Indices, Commodities, Cryptocurrencies | 130+ | Yes, for retail clients | MetaTrader 4, TradingView | ASIC, FCA, CySEC, SCB, SCA (UAE) | ||
$0 | Standard Account, Razor Account | From 0.0 pips (Razor Accounts), 1 pip (Standard Accounts) | 0.01 | 1:30 (Retail ASIC, CySEC, FCA); 1:500 (Professional); 1:400 (CMA) | Forex, Indices, Commodities, Cryptocurrencies, Share CFDs, ETFs | 90+ | Yes (Retail traders) | MetaTrader 4, MetaTrader 5, cTrader, TradingView | ASIC (No. 414530), UK FCA (No.684312), CySEC (No. 388/20), BaFin (No.151148), DFSA (F004356), CMA (128), SCB Bahamas (SIA-F217), FSA (SD108) | ||
$50 or $100 based on country ($10 for the UK, $1 in the US) | Crypto Wallet (eToro Money), Retail, Professional, Corporate, Demo, Islamic | From 1 pip | 0.01 ($1,000) | 1:30 (FCA, ASIC, CySEC); 1:400 (FSA) | CFDs on Forex, Stocks, Commodities, Crypto, ETFs, and Indices | 55 | Yes (retail traders) | eToro Investing, eToro App, TradingView, eToro CopyTrader, Proprietary | FCA, CySEC, ASIC, MFSA, FSRA, FSA, FINRA/FinCEN, AMF, SEC, GFSC | ||
$100 ($1 for Invest MT5 Account) | Trade (Standard), Invest (MT5), Zero | From 0.0 pips (Invest and Zero Accounts), 0.5 pips (Trade Accounts) | 0.01 | 1:30 (Retail) 1:500 (Professional) | CFDs on Forex, Indices, Stocks, Commodities, Bonds, ETFs, Cryptocurrencies | 82 | Yes (Trade and Zero MT5 /MT4 Accounts) | MetaTrader4, MetaTrader5, WebTrader, MT Supreme Edition, StereoTrader | CySEC (No. 201/13), ASIC (No. 410681), FCA (No. 595450), JSC (No. 57026), FSCA (No. FSP51311), EFSA (No. 4.1-1/46), CMA (No. 178), CIRO, FSA (No.SD073) | ||
$5 | Demo, Standard, Micro, Ultra Low, XM Zero, Shares Account, Islamic Account | From 0.0 pips (Zero Account), from 0.8 pips (Standard and Micro Accounts) | 0.01 | 1:30 for CySEC and ASIC Entities (1:1000 for Other Jurisdictions) | Forex, Stocks, Indices, Commodities, Thematic Indices | 50+ | Yes, for retail clients | MetaTrader4, MetaTrader5, MT4 WebTrader, MT5 WebTrader, MT4 Multiterminal, XM App | CySEC (license no. 120/10), (ASIC) (ref. no. 443670), FSC Belize (license no. 000261/27), FSC of Mauritius (GB23202700), FSA Seychelles (SD190), DFSA (ref. no. F003484), FSCA (49976), Registrations for EU passporting: - BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA (Finland), KNF, AFM, FI |
Best Forex Brokers with Standard Account Ranked by Trustpilot Score
Forex Broker | Trustpilot Reviews | |
9,041 | ||
3,904 | ||
10,582 | ||
290 | ||
4144 | ||
12951 | ||
3,070 | ||
28,170 | ||
1,998 | ||
2,454 | ||
Contract Size in Standard Trading Accounts
In Forex trading, the contract size refers to the total value of a position in the market. For instance, the standard contract size for the EUR/USD pair is 100,000 €, which represents one standard lot. This means that when a trader buys or sells one contract of EUR/USD, they are effectively trading 100,000 €. However, not all trades require standard contract sizes; traders can choose smaller increments like mini and micro lots according to their risk tolerance and budget. The minimum trade size varies by broker and asset, but in Forex, it typically starts at 0.01 lots, equivalent to 1,000 €.
Can You Trade Less than One Full Lot with Standard Accounts?
Lot size refers to the number of currency units involved in a trade, with the standard lot in Forex being 100,000 units of the base currency. Traders can also choose smaller lot sizes, such as mini lots (10,000 units) or micro lots (1,000 units). Typically, minimum lot sizes for Standard trading accounts start at 0.01 lots (1,000 units). Maximum lot sizes vary depending on the broker and account type; for example, Fusion Markets caps the maximum lot size for Standard accounts at 100 lots, which aligns with the industry norm.
What Instruments Can You Trade with Standard Accounts?
Standard accounts are the most widely used type of trading account, favored by casual traders for their flexibility and user-friendly nature. These accounts allow trading in standard lots, each representing 100,000 units of the base currency. Holders of standard accounts typically gain access to a full range of tradable instruments, including Forex pairs, CFDs on stocks, commodities, indices, and cryptocurrencies. Regardless of the assets chosen, traders can manage all their positions conveniently from a single account, enabling them to diversify across multiple asset classes while maintaining centralized control over their portfolio.
Standard Account Spreads and Trading Costs
Holders of Standard accounts should be mindful of the costs associated with Forex trading. Average spreads for Standard accounts vary between brokers, so it’s important for traders to compare the typical spreads offered for key currency pairs by different providers. For instance, spreads for the popular EUR/USD pair usually start around 1.11 pips. In most cases, all trading costs for Standard accounts are built into the spread, with no separate commissions charged. However, traders should also be aware of possible non-trading fees, such as deposit and withdrawal charges, inactivity fees, or currency conversion costs, which some brokers may apply.
How Standard Accounts Compare to Other Common Account Types?
With a wide variety of trading account types available, choosing the right one can be challenging for traders. However, a standard trading account is often a safe and popular choice. Beginner traders typically prefer Mini and Micro accounts to minimize their risk exposure while learning the ropes of Forex trading. On the other hand, high-volume traders with larger accounts often benefit from access to a broader selection of products, lower fees, and dedicated customer support tailored to their needs. Additionally, Islamic accounts, or swap-free accounts, are specifically designed to comply with Sharia law by eliminating interest payments and receipts.
Who Are Standard Accounts Suitable For?
Choosing the right Forex account requires careful consideration, as it can greatly impact your trading success and risk management. Standard trading accounts are the most common and popular choice among both new and experienced traders ready to engage in the Forex market. Although the standard lot size for these accounts is 100,000 units of the base currency, traders don’t need to have that full amount to open and close positions. Thanks to margin and leverage offered by brokers, it’s possible to trade with a balance as low as $1,000. Ultimately, when selecting a trading account, traders should evaluate key factors such as their risk tolerance, trading strategy, and available capital to find the best fit.
Pros and Cons of Standard Trading Accounts
- Key Pros
- Standard trading accounts offer numerous advantages, making them one of the most popular choices in Forex trading. Compared to Mini and Micro accounts, Standard account holders enjoy access to a wider range of trading opportunities and can trade larger positions, which can lead to potentially higher profits. These accounts often provide greater leverage, allowing traders to control larger positions with less capital. Additionally, Standard accounts typically feature tighter spreads and improved execution speeds, helping to lower overall trading costs. Traders also benefit from access to advanced trading tools and comprehensive educational resources, empowering them to make more informed decisions in the markets.
- Key Cons
- As with everything else, Standard trading accounts come with certain drawbacks, with a higher level of risk, compared to Mini and Micro accounts, being the major one. Trading larger positions on the Forex market can lead to larger losses. To bring them to a minimum, traders must have a robust risk management approach and a clear trading plan. Higher thresholds for minimum deposits imposed by some brokers may be yet another impediment for new traders.
