| Updated: October 28, 2025When it comes to forex trading, being familiar with the different account types traders can opt for is of essential importance. One such popular type is the Standard Account, with a contract size for forex amounting to 100,000 units of the base currency.
Most forex brokers typically offer a range of account types, including Micro, large, demo, and swap-free accounts, to cater to the diverse needs of different traders. FX enthusiasts are advised to pick a suitable account based on their requirements for minimum deposits, lot sizes, and maximum allowable leverage. To spare them the hassle of searching for the best forex brokers offering Standard Accounts, we have compiled a list of several premier brands.
Fusion Markets74-89% of retail's CFD accounts lose money
FP Markets73.85% of retail investor accounts lose money
Eightcap59.57% of retail investor accounts lose money when trading CFDs with this provider.
BlackBull MarketsTrading leveraged products is risky
Global Prime74-89% of retail CFD accounts lose money
Pepperstone75.5% of retail investor accounts lose money
AxiThe vast majority of retail client accounts lose money
Plus50082% of retail CFD accounts lose money
XM Group72.82% of retail investor accounts lose money
eToro61% of retail investor accounts lose moneyTop 11 Brokers Offering Standard Accounts
Fusion Markets is a top-rated forex broker, authorized and regulated by the ASIC and VFSC financial regulators. To keep things uncomplicated, the company offers three account types: Zero, Classic, and Demo. While the Demo account serves as an excellent educational platform for new traders, the company allows its customers to switch easily from Demo to Live.
The key difference between the Zero and Classic accounts at Fusion Markets is how trading costs are structured and whether traders prefer paying a separate commission or having the cost incorporated within the spread. There is also an option for a Fusion Markets Swap-Free Account. Minimum and maximum lot sizes for standard account holders at Fusion Markets vary between 0.01 and 100 lots.
Gleneagle Asset Management Limited (ABN 29 103 162 278) trading as Fusion Markets, is the issuer of the Fusion Markets Products described in this communication. Trading in Fusion Markets Products involves the potential for profit as well as the risk of loss which may vastly exceed the amount of your initial deposit and is not suitable for all investors. You should read all of these Financial Product Service Terms, the Product Disclosure Statement (PDS) and the Financial Services Guide (available on our website) carefully, consider your own financial situation, needs and objectives for investing in these Fusion Markets Products and obtain independent financial advice.- 2. FP Markets
Established in 2018, FP Markets is a regulated FX and CFD broker, offering tight spreads, fast execution, and advanced trading platforms. The forex account types that traders can opt for are Standard and Raw. The former provides spreads starting from 1.0 pips, while the latter offers spreads from 0.0 pips with an additional commission of $3.0 per lot. Both accounts are available on MT4, MT5, and cTrader, providing traders with access to a wide range of markets, including forex, commodities, shares, and cryptocurrencies.
Both account types have a minimum deposit requirement of $50, with a maximum leverage cap of 1:30. At FP Markets, the minimum trade size is 0.01 lots. New traders are advised to try a Free Demo account first, without risking real funds.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.92% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 3. Pepperstone
Pepperstone is an award-winning online forex and CFD broker committed to providing traders with advanced tools and superior technology. To meet the preferences of more traders and help them achieve more, the brand offers two main types of trading accounts, Standard and Razor accounts.
Standard accounts come with a 1 pip markup and no commissions, while Razor accounts offer raw spreads plus a commission that varies depending on the account currency. EUR-based accounts, for instance, have a commission of €2.60 per 1 standard FX lot per side. Many new customers of the company favor Standard accounts as a more straightforward option, with all fees (apart from any overnight funding fees) included in the spread. Meanwhile, high-frequency FX traders and scalpers prefer Razor accounts, giving them more control over their trading costs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Established in 2014 in New Zealand, BlackBull Markets is a popular choice among international traders for its broad market access, tight spreads, and low fees. The broker operates through licenses from the FSA (Seychelles) and FMA (New Zealand), offering leverage up to 1:500. Trading account types, catering to traders with various needs and preferences, include the ECN Standard, ECN Prime, and ECN Institutional accounts.
The ECN Standard account offers tight spreads starting at 0.8 pips, no commissions, and no minimum deposit requirement. It is a great option for beginners looking for an easy entry into the markets. The ECN Prime Account offers raw spreads starting from 0.0 pips, with a commission of $3 per side ($6.0 per lot). This account type offers access to deeper liquidity and faster execution speeds, again with no minimum deposit requirements. The ECN Institutional account is meant for high-volume traders, offering spreads from 0.0 pips, a commission of $2 per side ($4 per lot), and a minimum deposit requirement of $20,000.
- 5. Global Prime
Founded in 2010 in Sydney, Australia, Global Prime is a leading forex broker, regulated by several financial authorities, including the ASIC, VFSC, and FSA. The company offers free Demo Accounts, giving new traders access to advanced charting and analysis tools and the chance to test real-life market conditions with unlimited virtual funds.
Switching from a Demo account to a live Standard or Raw account is easy, with no minimum requirements for account size, fee-free deposits, and access to 150+ global markets. While spreads for Standard accounts start from 0.9 pips with no commissions, those for Raw accounts are from 0.0 pips plus a $3.5 commission per side. Trade size varies from 0.01 lot to 1,000 lots for both account types, with scalping, EAs, and hedging being allowed. Last but not least, the company enables advanced traders to create their Global Prime Pro Accounts and benefit from flexible leverage, provided they meet specific requirements.
Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017) and is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 385620. Gleneagle Securities Pty Limited trading as Global Prime FX, is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC. The website is owned and operated by FMGP Trading Group Pty Ltd, ABN 74 146 086 017. - 6. XM Group
Founded in 2009, XM is a globally established financial services provider, serving more than 15 million customers from over 190 countries. The trading account types at XM are Ultra Low, Standard, and XM Zero accounts. A Shares Account is also available in certain regions. The base currency options for the first two types of accounts are EUR, USD, and GBP, and for XM Zero Accounts – USD, EUR, and JPY. The minimum deposit requirements for all three FX trading account types start from just $5, enabling traders to invest an amount they feel comfortable with.
EUR/USD spreads start from 1.6 pips for Standard accounts and from 0.8 pips for Ultra Low accounts, with no commissions. XM Zero accounts offer spreads from 0.0 pips plus a commission. Note that account availability varies per region.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 7. eToro
eToro has been among the indisputable leaders in the financial services domain since 2007, with 40 million users worldwide and an enviable trading portfolio of 7,000+ instruments. The company offers four account types, with the options being a Personal (retail) account, a Professional account, a Corporate account, and an Islamic account.
The default account type is the Personal account, enabling customers to trade all supported assets, copy other traders, and invest in Smart Portfolios. Although the standard account type comes with leverage limitations, it features the highest level of consumer protection. Customers can open a Demo account first and practice trading without exposing themselves to risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. - 8. AvaTrade
AvaTrade is yet another multi-award-winning broker, regulated across nine jurisdictions, including the CySEC, FSCA, and ASIC. Traders can choose between a range of account types, with free Demo accounts recommended for novice traders to try out first. The broker’s Standard accounts are best suited for casual traders, giving them access to 1,250+ financial instruments across forex, shares, commodities, indices, ETFs, and options.
Besides the above-mentioned account types, the company offers Islamic, professional, and MAM accounts. Traders can benefit from the brand’s unique AvaProtect™ feature, enabling them to protect a chosen trade against losses of up to $1 million in exchange for a predetermined premium paid at the time of purchase.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 9. Axi
Since its establishment in 2007 in Sydney, Australia, Axi has transformed into a truly global business, trusted by thousands of traders. The broker equips its customers with competitive spreads, flawless execution, and sophisticated trading tools. A diverse range of live trading accounts is available, with the options being a Standard account, Pro account, Swap-free (Islamic) account, Premium account (exclusively offered to particular customers), and Axi Elite.
The Standard account at Axi offers straightforward, commission-free trading with spreads beginning at 0.6 pips. It supports flexible trading, allowing minimum trades of 0.01 lots and full EAs compatibility. With average spreads of 13 cents on Gold and $12 on BTCUSD, the account is cost-effective, requires only a $5 minimum deposit, and allows for leverage up to 1:30. Account holders can choose from EUR, USD, or PLN as their base currency, with a VPS service available by subscription.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 10. Capital.com
Capital.com is a global leader in the financial services industry, with 4,500+ markets, more than 760,000 registered traders, and over $148 billion in monthly trading volume. The company complies with the regulatory requirements of tier-one authorities such as the FCA and CySEC.
The broker offers retail and professional accounts. There are options for swap-free trading, spread betting, 1X trading, and CFDs trading. With a retail account, users can trade with spreads starting from 0.6 pips, no commissions, leverage of up to 1:30, and benefit from crucial regulatory protections like segregated funds and Negative Balance Protection. Guaranteed stop-loss (GSL) orders, which ensure traders close trades at precisely set levels, regardless of market volatility, are available upon opening a position. The feature acts as insurance, requiring a small premium, which is charged is the GSL is triggered.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. - 11. ActivTrades
Established in 2001, ActivTrades serves traders from over 170 countries with robust licensing from several regulators, including the FCA, SCB, and FSC. ActivTrades offers a diverse range of account types, including Professional, Individual, Demo, and Islamic, designed to meet the needs of traders at all experience levels.
The broker’s Individual Account, perfect for retail traders, stands out thanks to several features, including ultra-fast execution, no requotes, and negative balance protection. Forex traders can pick between several base account currencies, with some of the options being EUR, USD, SEK, and CHF.
Multilingual customer support is available 24/5, with agents fluent in 14 languages. Individual account holders are not charged commissions on their trades, with spreads incorporated in the trading costs. They can choose from several platforms, including the broker’s custom-made ActivTrader, the popular MetaTrader platforms, and TradingView.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. FP Markets | $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) | 4.9 ⭐ |
| 2. Fusion Markets | $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 | 90+ | Yes (ASIC entity only) | MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView | ASIC, FSA (Seychelles), VFSC (Vanuatu) | 4.8 ⭐ |
| 3. Global Prime | $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 | 59 | Yes (ASIC entity only) | MT4, MT4 Webtrader, MT4 Android; for VFSC clients MT4, MT5, and GP Copy | ASIC (No. 385620), VFSC (No. 40256) | 4.7 ⭐ |
| 4. AvaTrade | $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) | 4.7 ⭐ |
| 5. Capital.com | $20 ($50 for wire transfers) | Retail, Professional, CFD, Swap free, Spread betting, 1X | 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) | 4.5 ⭐ |
| 6. Pepperstone | $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) | 4.4 ⭐ |
| 7. eToro | $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 | 60+ | Yes (retail traders) | eToro Investing, eToro App, TradingView, eToro CopyTrader, Proprietary | FCA, CySEC, ASIC, MFSA, FSRA, FSA, FINRA/FinCEN, AMF, SEC, GFSC | 4.2 ⭐ |
| 8. Axi | $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 | 4.2 ⭐ |
| 9. XM Group | $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 | 3.8 ⭐ |
| 10. Admirals | $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) | 3.8 ⭐ |
Best Forex Brokers with Standard Account Ranked by Trustpilot Score
| Forex Broker | Trustpilot Reviews | |
|---|---|---|
| 1. FP Markets | 9,422 | 4.9 ⭐ |
| 2. Fusion Markets | 4,873 | 4.8 ⭐ |
| 3. Global Prime | 341 | 4.7 ⭐ |
| 4. AvaTrade | 11,076 | 4.7 ⭐ |
| 5. Capital.com | 12,925 | 4.5 ⭐ |
| 6. Pepperstone | 3,144 | 4.4 ⭐ |
| 7. eToro | 29,171 | 4.2 ⭐ |
| 8. Axi | 4,375 | 4.2 ⭐ |
| 9. XM Group | 2,843 | 3.8 ⭐ |
| 10. Admirals | 2,046 | 3.8 ⭐ |
Contract Size in Standard Trading Accounts
Contract size in FX trading refers to the aggregate value of a position in the forex market. For example, the standard contract size for the EUR/USD currency pair is €100,000, which equals one standard lot. In other words, when a trader buys or sells one contract of this currency pair, they are virtually trading €100,000.
Nevertheless, it is important to note that not all trades need to feature standard contract sizes. Traders can operate in smaller increments, known as mini and micro lots, based on their risk tolerance and trading budget.
- Standard Lot: 1 Lot is equivalent to 100,000 currency units
- Mini Lot: 1 Mini Lot is equivalent to 0.1 standard lot, representing 10,000 currency units.
- Micro Lot: 1 Micro Lot is equivalent to 0.01 standard lot, representing 1,000 currency units.
Minimum trade sizes vary between brokers and can depend on the underlying asset. In forex trading, minimums typically start from 0.01 lots (equivalent to 1,000 currency units), making the market accessible to traders with smaller initial deposits.
Can You Trade Less than One Full Lot with Standard Accounts?
As noted above, lot size indicates the number of currency units subject to a transaction, with the standard lot size in forex trading being 100,000 units of the base currency. Traders can opt for trading in smaller increments such as mini lots (10,000 units) or micro lots (1,000 units).
Minimum lot sizes for Standard trading accounts typically start from 0.01 lots (1,000 units). As far as the maximum lot sizes are concerned, these vary across different brokers and the account types they offer. Fusion Markets, for example, limits the maximum lot size for Standard accounts to 100 lots, which is, more or less, the industry standard.
What Instruments Can You Trade with Standard Accounts?
Standard accounts are the most common type of trading account, typically preferred by casual traders for their flexibility and ease of use. They provide access to standard lots of currency, each worth 100,000 units.
Standard account holders typically have access to the complete range of supported trading instruments, including forex and CFDs on stocks, commodities, indices, and cryptocurrencies, to mention a few.
No matter what financial instruments users decide to trade, whether it is major currency pairs or a basket of tech stock CFDs, they can manage their positions through a single account interface. This centralized management allows traders to tap into a varied range of asset classes while controlling all their holdings from one standard account, simplifying reporting and management.
Standard Account Spreads and Trading Costs
Holders of Standard accounts must be aware of the trading and non-trading costs that forex trading entails. Standard accounts are popular because their costs are typically all incorporated into the spread, meaning no additional commissions are charged on trades.
As one can expect, FX trading spreads for Standard account holders vary across different brokers. To ensure you are securing competitive conditions, you must compare the average spreads for particular currency pairs and assets you plan to trade at several brokers. For example, highly competitive average spreads for the EUR/USD currency pair can start from as low as 0.5 to 1.5 pips.
Meanwhile, overnight funding fees (swap fees) are the most common additional cost. They apply to positions held open past the market close and represent the interest rate differential between the two currencies in a pair.
Non-trading fees may also apply, with some brokers imposing deposit and withdrawal fees, inactivity fees, and currency conversion surcharges. Always review the broker’s fee schedule thoroughly before opening an account.
How Standard Accounts Compare to Other Common Account Types?
With so many types of trading accounts, traders may find it difficult to pick the right one. One could hardly go wrong with a standard trading account, as it is the most popular type.
Novice traders usually opt for Mini and Micro accounts to reduce the risks associated with forex trading. In contrast, large account holders are usually provided with a broader range of products, more competitive fees, and dedicated customer support in return for a larger trading volume. Islamic accounts, also known as swap-free accounts, are designed to comply with Sharia law, which prohibits the payment or receipt of interest.
Who Are Standard Accounts Suitable For?
Picking a suitable forex account mandates thorough reflection. After all, this decision can significantly affect one’s trading success and risk management strategy.
Standard trading accounts are the most common type of accounts favored by new and experienced traders ready to invest in the forex market. While the typical lot size for Standard accounts is 100,000 units of the base currency, traders are not required to own this capital to open and close positions. Depending on the margin and leverage conditions brokers offer, they can still trade with a balance of $1,000.
Crucially, the flexibility of the Standard Account allows users to trade smaller volumes to manage risk. Standard account holders can opt for micro lot sizes from 0.01 lot (which is 1,000 units of the base currency), making it highly suitable for beginners who want to test strategies with minimal risk.
Overall, when choosing a trading account, traders must consider several important factors, including their risk tolerance, trading strategy, and available capital.
Pros and Cons of Standard Trading Accounts
Standard trading accounts come with many benefits, ranking them among the most popular types of accounts in forex trading. However, as with everything else, Standard trading accounts come with certain drawbacks. Below, you can check out the key pros and cons of this account type.
Key Pros
- Flexibility: Compared to Mini and Micro forex accounts, Standard account holders have exposure to more trading opportunities. They can trade larger positions, which could result in more substantial profits.
- Leverage: Many brokers offer the same maximum leverage across account types, but Standard accounts utilize it more effectively with larger lots.
- Trading Costs: Standard account holders usually benefit from lower spreads and better execution, thus reducing their overall trading costs.
- Suitable for experienced traders and novices: Standard accounts are suitable for all because of lot size flexibility (down to micro lots) and the fact that most brokers offer their advanced trading tools and educational resources universally across all account types.
Key Cons
- Higher Risks: Compared to Mini and Micro accounts, Standard accounts are riskier. Essentially, 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.
- Accessibility: Higher thresholds for minimum deposits imposed by some brokers may be yet another impediment for new traders.