What is a Raw Spread Account
Understanding Raw Spread Accounts
In a standard forex account, the broker adds a markup to the spread (e.g., 1.5 pips on EUR/USD). In a raw spread account, you get the raw interbank spread (often 0.0 to 0.3 pips) and pay a fixed commission per lot. This structure is more transparent and often cheaper for active traders.
How Costs Work for Belarus Traders
Imagine you trade 1 standard lot of EUR/USD with a raw spread account. The raw spread might be 0.1 pips, and the commission is $3 per side. Your total cost is: (0.1 pips × $10 per pip) + $3 + $3 = $1 + $6 = $7. In a standard account with a 1.5 pip spread, your cost would be $15. You save $8 per lot.
Why It Matters for Belarus Traders
Belarus traders often use USDT for deposits due to lower fees and faster processing. Raw spread accounts pair well with USDT because you can trade larger volumes without worrying about high spread costs. Additionally, using Bank Transfer or Skrill for withdrawals is straightforward with most brokers offering raw accounts.