Account type guide

Forex Account Types Guide

Compare common forex account types before opening or funding an account. Understand demo, standard, micro, raw-style, commission-based and swap-free account options, then check broker conditions before choosing where to continue.

Important information Broker setup comparison

Comparison checklistUse this page to compare setup factors before choosing where to continue.

No profit promiseInformation only. No trading signals or guaranteed results.

Check current termsBroker conditions can vary by country, entity and account type.

Affiliate disclosureWe may earn a commission when users click broker links.

Broker options Check account type options by broker

Review account setup, then confirm current terms on the broker website.

XMSetup guide Check XM account options

ExnessSetup guide Check Exness account options

FxProSetup guide Check FxPro account options

IC MarketsSetup guide Check IC Markets account options

VantageSetup guide Check Vantage account options

Demo account

For testing the platform before using real money.

Demo guide

Standard account

For users who want a simpler first account structure.

Standard checklist

Raw-style account

Compare spread and commission together, not separately.

Cost checklist

Swap-free checks

Confirm availability and overnight cost terms on the broker website.

Swap-free checks

Landing path

Account type decision path

Choose account type by platform, instruments and cost structure, not by headline spread only.

✓Demo: test before live trading.

✓Standard: simpler account structure.

✓Raw-style/swap-free: check commission, spread, swap and availability.

Quick answer

Account type choice should depend on instruments, platform, trading cost factors, swap, commission and country rules, not only the account name or a headline spread.

Broker options

Compare account setup options

Review the account type checklist, then confirm current account availability and terms directly on the broker website.

XMSetup guide

MT4/MT5 access, demo setup, account choices and gold/XAUUSD checks before registration.

Check XM account options Read setup guide first

ExnessSetup guide

Account setup, MT4/MT5 access, demo options, spread factors and gold/XAUUSD checks.

Check Exness account options Read setup guide first

FxProSetup guide

Platform choice, account setup, CFD markets and comparison-style broker research.

Check FxPro account options Read setup guide first

IC MarketsSetup guide

Raw-style cost factors, MT4/MT5/cTrader access, demo setup and gold/XAUUSD checks.

Check IC Markets account options Read setup guide first

VantageSetup guide

MT4/MT5 access, demo account, account setup, gold/XAUUSD and current entity checks.

Check Vantage account options Read setup guide first

Account paths

Which account type fits your first check?

Demo account: for testing the platform before trading live.
Standard account: for users who want a simple account structure.
Micro or cent-style account: for smaller position sizing where available.
Raw spread / commission account: for comparing spread and commission separately.
Swap-free account: for checking overnight cost structure and availability.
Gold/XAUUSD setup: for checking metals trading conditions before choosing a broker.

Broker entity hub

Broker setup comparison matrix

Use this matrix as a starting point. Broker conditions can vary by country, entity and account type.

Broker	Best first check	Platforms	Demo	Markets to check	Main guide
XMSetup guide	MT4/MT5 access, demo setup, account choices and gold/XAUUSD checks before registration.	MT4, MT5, Web, Mobile	Check current availability	Forex, Gold/XAUUSD, Indices, Commodities	Read guide
ExnessSetup guide	Account setup, MT4/MT5 access, demo options, spread factors and gold/XAUUSD checks.	MT4, MT5, Web, Mobile	Check current availability	Forex, Gold/XAUUSD, Indices, Commodities	Read guide
FxProSetup guide	Platform choice, account setup, CFD markets and comparison-style broker research.	MT4, MT5, cTrader, Web, Mobile	Check current availability	Forex, Metals, Indices, Commodities	Read guide
IC MarketsSetup guide	Raw-style cost factors, MT4/MT5/cTrader access, demo setup and gold/XAUUSD checks.	MT4, MT5, cTrader, TradingView	Check current availability	Forex, Metals, Indices, Commodities	Read guide
VantageSetup guide	MT4/MT5 access, demo account, account setup, gold/XAUUSD and current entity checks.	MT4, MT5, Web, Mobile	Check current availability	Forex, Gold/XAUUSD, Indices, Commodities	Read guide

XMSetup guide

XM is useful to review MT4/MT5 access, demo setup, account choices, gold/XAUUSD availability and country-specific terms before choosing where to continue.

Platforms: MT4, MT5, Web, Mobile
Markets: Forex, Gold/XAUUSD, Indices, Commodities

Read XM setup guide

ExnessSetup guide

Exness is worth checking for account setup, platform access, gold/XAUUSD availability, cost factors and country-specific account terms.

Platforms: MT4, MT5, Web, Mobile
Markets: Forex, Gold/XAUUSD, Indices, Commodities

Read Exness setup guide

FxProSetup guide

FxPro is useful for comparing platform choice, account setup, CFD market access and broker research paths.

Platforms: MT4, MT5, cTrader, Web, Mobile
Markets: Forex, Metals, Indices, Commodities

Read FxPro setup guide

IC MarketsSetup guide

IC Markets is useful for reviewing platform choice, raw-style cost factors, demo testing and gold/XAUUSD access.

Platforms: MT4, MT5, cTrader, TradingView
Markets: Forex, Metals, Indices, Commodities

Read IC Markets setup guide

VantageSetup guide

Vantage is worth reviewing for MT4/MT5 access, demo setup, gold/XAUUSD availability and account-condition differences by country or entity.

Platforms: MT4, MT5, Web, Mobile
Markets: Forex, Gold/XAUUSD, Indices, Commodities

Read Vantage setup guide

FAQ

Frequently asked questions

What should I check before opening a forex or CFD broker account?

Check country availability, platform access, account type, demo account, instruments, trading cost factors, withdrawal terms and risk warnings before registering.

Should I use a demo account before trading live?

A demo account can help test platform setup, order placement and symbol availability before live trading. It does not guarantee live results or remove market risk.

Why compare setup factors before choosing where to continue?

An independent comparison page can organize account, platform, market and risk checks before you continue to a broker sign-up page.

Does ForexBrokerPath provide investment advice?

No. ForexBrokerPath provides broker comparison and educational checklists only. It does not provide investment advice, trading signals or guaranteed results.

Risk warning: Forex and CFDs involve a high risk of loss and may not be suitable for all users. ForexBrokerPath provides comparison checklists and general information only; it does not provide trading signals, manage accounts or guarantee trading results.

Affiliate disclosure: ForexBrokerPath may receive a commission when users visit a broker through links on this page. This does not change the comparison criteria, risk information or editorial checklist shown to readers.

Last reviewed: June 11, 2026. Broker conditions can vary by country, entity and account type. Always confirm current details on the broker website before opening or funding an account.