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What Is a Raw Spread Account in Exness? A Comprehensive Guide for Traders
from Exness
by Exness Blog
In the fast-paced world of forex trading, choosing the right account type can significantly impact your trading performance and profitability. Among the various options offered by brokers, the Raw Spread Account by Exness stands out as a preferred choice for professional and high-frequency traders. But what exactly is a Raw Spread Account, how does it work, and why should you consider it for your trading journey? This article provides an in-depth look at the Exness Raw Spread Account, its features, benefits, drawbacks, and how it compares to other account types.
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What Is a Raw Spread Account?
A Raw Spread Account is a specialized trading account designed for experienced traders who prioritize ultra-low spreads and transparent pricing. Unlike standard accounts that incorporate a broker’s markup into the spread, a Raw Spread Account provides direct access to interbank market prices, offering spreads as low as 0.0 pips on major currency pairs. Instead of widened spreads, Exness charges a fixed commission per trade, ensuring cost predictability and efficiency.
Exness, a globally recognized forex broker established in 2008, offers the Raw Spread Account as part of its professional account suite, alongside the Zero and Pro accounts. This account type is tailored for traders who engage in scalping, day trading, or algorithmic trading, where minimizing trading costs and ensuring fast execution are critical.
Key Features of the Exness Raw Spread Account
The Exness Raw Spread Account is packed with features that cater to advanced traders. Below are its core attributes:
Ultra-Low Spreads: Spreads start from 0.0 pips on major forex pairs like EUR/USD and GBP/USD, particularly during peak market hours. This minimizes trading costs, especially for high-frequency traders.
Fixed Commission: Exness charges a fixed commission of $3.50 per lot per side ($7 per round trip), which is competitive compared to other brokers offering similar accounts.
Market Execution: Orders are executed with market execution, ensuring no requotes and faster order fills, which is ideal for volatile markets.
High Leverage: Traders can access leverage up to 1:Unlimited (subject to regional regulations), allowing for greater flexibility in position sizing.
Wide Range of Instruments: The account supports trading in forex, metals, cryptocurrencies, energies, stocks, and indices, providing diversification opportunities.
Advanced Platforms: Compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as the Exness Trader app, ensuring seamless trading across devices.
Minimum Deposit: A $200 minimum deposit is required, which is higher than Exness’s Standard Account ($10) but reflects the premium features offered.
These features make the Raw Spread Account a powerful tool for traders who value precision, transparency, and cost efficiency.
How Does the Raw Spread Account Work?
The Raw Spread Account operates by connecting traders directly to the interbank market, where prices are determined by liquidity providers. This results in raw spreads—the tightest possible bid-ask spreads without broker markups. To compensate, Exness charges a fixed commission per trade, which is transparent and predictable.
For example, if you trade one standard lot (100,000 units) of EUR/USD, you might encounter a spread of 0.0 pips during high-liquidity periods. The cost of the trade would then be the commission of $7 per round trip ($3.50 per side). This structure is particularly advantageous for scalpers who open and close multiple trades daily, as even small savings on spreads can add up significantly over time.
Advantages of the Exness Raw Spread Account
The Raw Spread Account offers several benefits that make it a top choice for professional traders:
Cost Efficiency for High-Volume Traders: With spreads starting at 0.0 pips, the account minimizes trading costs, especially for those executing numerous trades daily. The fixed commission ensures transparency, allowing traders to calculate costs accurately.
Fast Execution Speeds: Direct access to liquidity providers reduces slippage and ensures efficient order execution, critical for scalping and high-frequency trading strategies.
Transparency in Pricing: Traders see the actual interbank bid and ask prices, fostering trust and eliminating hidden fees.
Flexibility Across Strategies: The account supports various trading styles, including scalping, day trading, swing trading, and algorithmic trading, without the need to switch accounts.
High Leverage Options: With leverage up to 1:Unlimited (depending on regional regulations), traders can amplify potential gains, though this also increases risk.
Disadvantages of the Raw Spread Account
While the Raw Spread Account is highly advantageous for certain traders, it may not suit everyone. Here are some potential drawbacks:
Commission Costs: The fixed commission of $3.50 per lot per side may be less cost-effective for traders who place low-volume or long-term trades.
Higher Minimum Deposit: The $200 minimum deposit is higher than the $10 required for Exness’s Standard Account, making it less accessible for beginners or those with limited capital.
Not Ideal for Beginners: The account’s structure, which requires understanding commissions and spreads, may be complex for novice traders.
Variable Spreads in Low Liquidity: While spreads are ultra-low during peak hours, they may widen during periods of low liquidity, such as market openings or economic news releases.
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Raw Spread vs. Other Exness Account Types
To determine if the Raw Spread Account is right for you, it’s helpful to compare it with other Exness account types:
1. Standard Account:
Minimum Deposit: $10
Spreads: Start at 0.3 pips (higher than Raw Spread)
Commission: None
Best For: Beginners and traders who prefer commission-free trading with slightly wider spreads.
2. Standard Cent Account:
Minimum Deposit: $10
Spreads: Similar to Standard Account
Commission: None
Best For: Beginners testing strategies with micro-lots and minimal risk.
3. Zero Account:
Minimum Deposit: $200
Spreads: 0.0 pips on top 30 instruments, higher commissions (from $0.05 per side per lot)
Best For: Scalpers and algorithmic traders needing zero spreads on specific instruments.
Comparison: The Zero Account offers zero spreads on select instruments but has higher commissions than the Raw Spread Account, making the latter more cost-effective for broader trading.
4. Pro Account:
Minimum Deposit: $200
Spreads: Start at 0.1 pips, no commission
Best For: Day traders and swing traders who prefer instant execution and commission-free trading.
The Raw Spread Account strikes a balance between the Zero Account’s ultra-low spreads and the Pro Account’s commission-free structure, making it a versatile choice for experienced traders.
Who Should Use a Raw Spread Account?
The Exness Raw Spread Account is best suited for:
Scalpers: Traders who open and close multiple trades daily to capitalize on small price movements benefit from low spreads and fast execution.
Day Traders: Those who close all positions within the same day can leverage the account’s cost efficiency.
High-Volume Traders: Traders dealing in large lot sizes save significantly on trading costs due to tight spreads.
Algorithmic Traders: The account’s direct market access and minimal slippage make it ideal for automated trading strategies.
Beginners or traders with limited capital may find the Standard or Standard Cent accounts more suitable due to their lower entry barriers and commission-free structure.
How to Open a Raw Spread Account with Exness
Opening a Raw Spread Account with Exness is straightforward. Follow these steps:
Register on the Exness Website: Visit the official Exness website and click “Open Account.” Provide your email, phone number, and create a password.
Verify Your Identity: Upload a government-issued ID (e.g., passport, driver’s license) and proof of address. Verification typically takes 24 hours.
Select Raw Spread Account: From the Exness Trader panel, choose “Raw Spread Account” and select your preferred currency (e.g., USD, EUR).
Fund Your Account: Deposit at least $200 using payment methods like bank transfer, UPI, crypto, or e-wallets.
Start Trading: Download MT4 or MT5, log in, and begin trading with tight spreads and high-speed execution.
Tips for Maximizing the Raw Spread Account
To get the most out of your Exness Raw Spread Account, consider these tips:
Trade During High-Liquidity Hours: Spreads are tightest during peak market hours (e.g., London-New York session overlap).
Use Stop-Loss Orders: Protect your capital from unexpected market movements, especially with high leverage.
Leverage the Trading Calculator: Exness’s trading calculator helps estimate margin, spread costs, and commissions for better trade planning.
Monitor Economic Events: Spreads may widen during news releases, so stay informed using an economic calendar.
Practice on a Demo Account: Test strategies in a risk-free environment before transitioning to the live Raw Spread Account.
Why Choose Exness for a Raw Spread Account?
Exness is a trusted broker regulated by multiple authorities, including CySEC, FCA, FSCA, and FSA, ensuring transparency and security. Its Raw Spread Account is backed by:
Deep Liquidity: Partnerships with top-tier liquidity providers ensure stable spreads and fast execution.
Transparent Pricing: No hidden fees, with audited financial data published regularly.
Swap-Free Options: Islamic accounts are available, making the Raw Spread Account accessible to Muslim traders.
Global Reach: Operating in over 170 countries, Exness supports multiple payment methods and currencies.
Conclusion
The Exness Raw Spread Account is a powerful tool for experienced traders seeking ultra-low spreads, transparent pricing, and fast execution. With spreads starting at 0.0 pips and a fixed commission of $3.50 per lot per side, it’s ideal for scalpers, day traders, and high-volume traders. While it may not suit beginners due to its $200 minimum deposit and commission structure, it offers unmatched cost efficiency and flexibility for professional trading strategies.
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