How does a raw spread account compare to a standard account when trading cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  A raw spread account and a standard account are two different types of trading accounts offered by brokers for trading cryptocurrencies. A raw spread account typically offers lower spreads and faster execution speeds compared to a standard account. This can be beneficial for traders who want to take advantage of small price movements in the cryptocurrency market. However, raw spread accounts may have higher commission fees compared to standard accounts. It's important to consider your trading strategy and preferences when choosing between these account types.
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• Dec 25, 2021 · 3 years ago
  When it comes to trading cryptocurrencies, the difference between a raw spread account and a standard account lies in the pricing structure. A raw spread account offers tighter spreads, which means the difference between the buy and sell price is smaller. This can be advantageous for traders who engage in high-frequency trading or scalping strategies. On the other hand, a standard account may have wider spreads but lower commission fees. It's important to assess your trading style and goals to determine which account type suits you best.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers both raw spread accounts and standard accounts for trading cryptocurrencies. With a raw spread account, traders can enjoy competitive spreads and fast execution speeds, which can be beneficial for active traders. On the other hand, a standard account may be more suitable for traders who prioritize lower commission fees. Both account types have their own advantages and it ultimately depends on your trading style and preferences. Consider factors such as trading frequency, strategy, and cost when deciding between a raw spread account and a standard account.
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