When choosing a trading account, one key decision is whether to open an ECN or Standard account.
Both access the same markets, but cost structures differ — impacting your strategy, especially if you trade often.
At Spec, we offer two transparent account types tailored to different trading styles.
How the Accounts Work
1. ECN Account
- Trades use RAW spreads direct from liquidity providers — often as low as 0.0 pips.
- A fixed commission of $7 per lot (round turn) applies instead of markup.
- Ideal for traders who value tight spreads and a commission model.
Example (EURUSD):
Raw Spread: 0.1 pip = $1/lot
Commission: $7/lot
Total Cost: $8/lot
2.Standard Account
- No commission.
- A small, transparent markup is added to the spread.
- Straightforward — you only pay the spread you see.
Example (EURUSD):
Spread: 1.1 pips = $11/lot
Commission: $0
Total Cost: $11/lot
Which Account is Right for You?
- Choose ECN if you’re an active trader, scalper, or use automated systems. Tight spreads usually offset commission.
- Choose Standard if you prefer simplicity and no commission. Ideal for low-frequency trading.
Final Thoughts
There’s no single “best” account.
Both ECN and Standard at Spec are fully transparent and cost-effective.
- ECN → High-frequency or precision trading
- Standard → Simple, commission-free approach
📊Not sure? Try both and see which fits your style.