What is the Difference Between Account Types?
The main difference between the Micro, Standard, ECN, and Pro ECN Accounts is the commission and spreads charged for trading.
- On Pro ECN, the commission 25$ per million notional volumes on FX, Index CFDs, and Commodity CFDs, and Spot Metals, 0.03% of the notional value for Cryptocurrency CFDs, $0.02 per side/lot (1 share = 1 lot) on Stock CFDs traded, plus ultra-tight spreads as low as 0.
- On Standard and ECN Accounts, there is zero commission, except for cryptocurrency 0.03% for the ECN account.
To understand more about how the commission is calculated, you can check out the explicit guide on How is commission calculated?
Account type
Micro MT4
Standard
ECN MT4
PRO ECN MT4
PRO ECN MT5
Trading Platform
MT4
MT4/MT5
MT4
MT4
MT5
Execution type
Market
Market
Market
Market
Market
Deposit currency
USD, EUR
USD, EUR
USD, EUR
USD, EUR
USD, EUR
Minimum deposit (USD, EUR)
30
100
300
500
500
Leverage
1:500
1:1-1:1000
1:1-1:3000
1:1-1:3000
1:1-1:3000
Stop Out
20%
20%
50%
50%
50%
Hedged margin
-
-
-
-
-
Trading Instruments
- FX
- Metals
- Indices
- Commodities
- Crypto
- FX
- Metals
- Indices
- Commodities
- Crypto
- FX
- Metals
- Indices
- Commodities
- Crypto
- FX
- Metals
- Indices
- Commodities
- Crypto
- FX
- Metals
- Indices
- Commodities
- Crypto
- Stock CFDs (only MT5)
- ETFs (only MT5)
Commission
-
-
No commission except cryptocurrency 0.03%
$2.5 per lot traded on FX, $18 per million notional on Metals, and $25 per million notional on CFDs.
$2.5 per lot traded on FX, $18 per million notional on Metals, $25 per million notional on CFDs, and $0.01 per side/lot traded on ETF CFDs.
A full list of contract Specifications can be found here: Contract Specifications | Alpari
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