No commission, cost sits in the spread
Standard
A Standard account puts the entire cost inside the spread. There is no separate commission line, which makes it the easiest account to do arithmetic on: what you see quoted is what you pay.
The trade-off is a slightly wider spread than accounts that charge commission. If you trade a few positions a week, that difference is usually smaller than the effort of tracking commission on every order.
Best for: beginners, and anyone trading a handful of positions a week.
Very small lots, no commission
Standard Cent
A Standard Cent account uses cent lots, so position sizes are a fraction of a normal Standard lot. Costs are charged through the spread, exactly as on Standard, with no separate commission.
The misunderstanding worth clearing up: cent lots are not a demo account. You are trading real money — the position size is simply much smaller, which makes the money at risk per trade easier to sit with while you learn.
One number needs context: Cent starts from 0.3 pips against Standard's 0.2, so it looks wider. In money per position it is usually smaller, because a pip at cent-lot size is worth a fraction of a pip at standard-lot size.
Best for: beginners who want real-market practice at the smallest workable size.
Lower spread than Standard, still no commission
Pro
A Pro account quotes a narrower starting spread than Standard while still charging no commission. That suits traders who want a lower cost base without reconciling a commission line on every position.
Nothing formally restricts who can open it, but it rewards people who already understand that the spread on screen is a reference value, not the price you get on every fill.
Best for: experienced traders who already read spread as a cost.
Narrow spread plus commission per lot
Raw Spread
A Raw Spread account splits cost into two transparent parts: a spread starting from around 0.0 pips, and commission per lot per side. Always add the two together before comparing it with any other account.
It only pays off once your position size or trade count is large enough that the spread you save exceeds the commission you add. On tiny positions the commission dominates.
Best for: frequent traders, scalpers and EA users who measure cost per position.
Very narrow spreads on major pairs
Zero
A Zero account targets very narrow spreads on major currency pairs and charges commission per lot per side, at a rate that can be higher than Raw Spread on some instruments.
If you mostly trade majors and open and close quickly, that combination keeps spread cost per position low. If you mostly trade other instruments, compare the instrument-level commission schedule before deciding.
Best for: strategies that open and close quickly on major pairs.