What is a Raw Spread Account
How a Raw Spread Account Works
A raw spread account connects you directly to the interbank market, where liquidity providers offer raw, unmarked-up spreads. The broker adds a small commission—usually $3 to $7 per standard lot—instead of widening the spread. For Oman traders, this means you pay a transparent fee per trade, and the spread stays ultra-tight. For example, if EUR/USD has a raw spread of 0.1 pips, you enter and exit at nearly the same price, reducing slippage.
Why It Matters for Oman Traders
Oman traders often face higher costs due to limited local broker options and currency conversion fees. A raw spread account helps by offering low spreads on USD pairs, which are the most traded globally. If you deposit using USDT, you avoid OMR conversion fees entirely. Also, many brokers accepting Oman clients now support Bank Transfer, Skrill, and USDT, making it easy to fund a raw spread account.
Example for Oman Traders
Imagine you trade 1 standard lot of EUR/USD. With a standard account, you might pay 1.5 pips spread = $15 cost. With a raw spread account, you pay 0.1 pips spread = $1 plus $5 commission = $6 total. You save $9 per trade. If you trade 50 lots per month, that’s $450 saved—significant for any Oman trader.