ECN / Raw account

Updated 2026-09-20

Definition

An account with very low spreads in exchange for a fixed commission per lot traded.

Why it matters

It suits those who trade often. Compare the total cost (spread + commission) against a standard commission-free account.

Practical example

Spread 0.2 pips + $7 per lot: a cost of about $9 per lot of EUR/USD.

Learn more

Course lesson: Brokers, accounts and platforms: how to choose without being fleeced

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Full glossary

Educational content, not financial advice. Trading involves risk.