What is the Difference Between Account Types?


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The main difference between the Micro, Standard, ECN, and Pro ECN Accounts is the commission and spreads charged for trading.

  • On Pro ECN, the commission 25$ per million notional volumes on FX, Index CFDs, and Commodity CFDs, and Spot Metals, 0.03% of the notional value for Cryptocurrency CFDs, $0.02 per side/lot (1 share = 1 lot) on Stock CFDs traded, plus ultra-tight spreads as low as 0.
  • On Standard and ECN Accounts, there is zero commission, except for cryptocurrency 0.03% for the ECN account.

To understand more about how the commission is calculated, you can check out the explicit guide on How is commission calculated?

Account type
Micro MT4
Standard
ECN MT4
PRO ECN MT4
PRO ECN MT5

Trading Platform

MT4

MT4/MT5

MT4

MT4

MT5

Execution type

Market

Market

Market

Market

Market

Deposit currency

USD, EUR

USD, EUR

USD, EUR

USD, EUR

USD, EUR

Minimum deposit (USD, EUR)

30

100

300

500

500

Leverage

1:500

1:1-1:1000

1:1-1:3000

1:1-1:3000

1:1-1:3000

Stop Out

20%

20%

50%

50%

50%

Hedged margin

-

-

-

-

-

Trading Instruments

  • FX
  • Metals
  • Indices
  • Commodities
  • Crypto
  • FX
  • Metals
  • Indices
  • Commodities
  • Crypto
  • FX
  • Metals
  • Indices
  • Commodities
  • Crypto
  • FX
  • Metals
  • Indices
  • Commodities
  • Crypto
  • FX
  • Metals
  • Indices
  • Commodities
  • Crypto
  • Stock CFDs (only MT5)
  • ETFs (only MT5)

Commission

-

-

No commission except cryptocurrency 0.03%

$2.5 per lot traded on FX, $18 per million notional on Metals, and $25 per million notional on CFDs.

$2.5 per lot traded on FX, $18 per million notional on Metals, $25 per million notional on CFDs, and $0.01 per side/lot traded on ETF CFDs. 

A full list of contract Specifications can be found here: Contract Specifications | Alpari

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  • Bonovo Road, Fomboni, Island of Moheli, Comoros Union

Alpari, the trading name of Parlance Trading Ltd, Bonovo Road – Fomboni, Island of Mohéli – Comoros Union, is incorporated under registered number HY00423015 and licensed by the Mwali International Services Authority, Island of Mohéli as an International Brokerage and Clearing Company under number T2023236.

Risk Disclosure: Before trading, you should ensure that you've undergone sufficient preparation and fully understand the risks involved in margin trading.

Alpari does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

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