Raw vs Standard

[jpedroza]

I'm new to this and when I setup my account with forex.com they asked if I wanted a standard account or a raw account. Raw seems to give you better numbers but they charge a commission but with standard there is no commission. Which do you recommend and why?

 

[Akram]

Go here:

Raw spread vs Standard accounts - Latest Comparison – ☑️ (2023)

An up-to-date comparison between Raw spread versus Standard accounts. View a comparison. See which account is best for trading NOW.

sashares.co.za

If you are a scalper who needs to profit from slight changes in asset prices, the raw spread trading account may be a better option for you. However, if you are a swing trader or a position trader, a normal trading account may be more favorable for your trading style.
I compared forxe.com with www.trading.com and found that www.trading.com has the lowest spreads and no commissions.
BTW, I live in the USA if that's helpful.
I'm a scalper and use Galelio FX pro as such that's why I want the lowest spreads and no commission.
But that's me, you need to make your decision for yourself.
Google about the types of training, scalp, swing, long-term.. etc.
Then select the type of training that you feel you like it.
That's my advice to you.

 

[jpedroza]

Thanks Akram, I'm just using the bot for forex so not sure if that makes me a scalper or position lol But I have 2 accounts one setup as raw and one setup as standard so I guess I'll see which one works best.

 

[SnowMan]

Hi jpedroza, did you determine which works best, "standard" or, "raw"?

 

[Vinz]

Hi jpedroza, did you determine which works best, "standard" or, "raw"?

just my opinion , I am prefer to useSTANDARD account