Trading Fees: Depending on the chosen account type, the trading fees may include spreads and possibly commissions, which are detailed in the account specifications.
Spreads: These can differ significantly between account types. Standard accounts may offer higher spreads with no additional commission fees, while professional accounts could feature tighter spreads, beneficial for frequent trading.
Leverage: The leverage available can also vary, with certain account types offering more flexibility to cater to different trading strategies and risk appetites.
Traders can select the account type that best aligns with their trading goals and experience level, ensuring that they have the right tools and conditions to engage with the markets effectively.