Can I switch between account types?

Yes. Contact NextTrade support to upgrade or change your account type. VIP requires a $10,000 minimum balance.

Is the $50 minimum per account or total?

Per account. You can open multiple accounts (Standard + Raw) each requiring their own $50 minimum deposit.

Which account is cheapest for scalping?

Raw. With 0.0 pip spreads and $7/lot commission, scalpers get the tightest possible pricing. Standard's all-in spreads are wider and add up faster on high-frequency trading.

Does NextTrade charge inactivity fees?

Yes, a dormancy fee applies after 6+ months of no trading activity. Contact support for current rates.

Can I have a demo account?

Yes. NextTrade offers demo accounts on MT5. You can practise with virtual funds before going live.

Is negative balance protection on all accounts?

Yes. All retail accounts at NextTrade include negative balance protection — you cannot lose more than your deposited funds.

Home/Accounts

NextTrade Account Types: Standard, Raw & VIP Explained

Three account tiers, all starting from $50. Here's exactly which one suits your trading style — with real cost examples.

Account Comparison Table

Feature	Standard	Raw ⭐	VIP
Min Deposit	$50	$50	$10,000
Spread EUR/USD	From 1.2 pips	From 0.0 pips	From 0.0 pips
Commission (Forex)	None	$7/lot	$4/lot
Commission (Indices)	None	$3.50/lot	$2/lot
Leverage	1:1000	1:1000	1:1000
Dedicated Manager	—	—	✅
Priority Withdrawal	—	—	✅
Priority Execution	—	—	✅
Swap-Free Available	✅	✅	✅
EA Support	✅	✅	✅

Standard Account — Best for Beginners

The Standard account uses all-in spreads — the cost of trading is built into the spread width, with no separate commission. This makes it predictable and easy to understand for newer traders.

Cost example: 1 lot EUR/USD ($100,000 notional)

Spread of ~2.0 pips = ~$20 all-in. No commission.

✅No commission charges

✅Simple cost structure

✅$50 minimum deposit

❌Wider spreads than Raw

❌Not ideal for scalping

Our verdict: Suitable for beginners or traders who prefer simplicity. For active traders doing 10+ lots/month, Raw is cheaper.

Open Standard Account →

Raw Account — Our Top Pick ⭐

The Raw account gives you institutional ECN pricing — spreads as low as 0.0 pips — with a flat $7/lot commission. For most active traders, this works out significantly cheaper than Standard.

Cost example: 1 lot EUR/USD ($100,000 notional)

0.4 pip spread + $7 commission = ~$11 total. Saves ~$9 vs Standard.

✅0.0 pip spreads (raw ECN pricing)

✅Cheapest for active traders

✅Only $50 minimum

✅Best for scalping & EAs

❌Commission adds up on tiny positions

Our verdict: Best value for traders doing 10+ lots/month. The $50 minimum makes it accessible to everyone.

Open Raw Account →

VIP Account — For High-Volume Traders

The VIP account is designed for professional and high-volume traders. With a $10,000 minimum, you get the lowest commission rate ($4/lot), a dedicated account manager, priority withdrawals, and priority execution routing.

Cost saving at 100 lots/month vs Raw:

Raw: 100 lots × $7 = $700/month. VIP: 100 lots × $4 = $400/month. Saves $300/month.

✅$4/lot commission (lowest available)

✅Dedicated account manager

✅Priority withdrawal processing

✅Priority execution routing

❌$10,000 minimum deposit

Open VIP Account →

Swap-Free (Islamic) Accounts

NextTrade offers swap-free (Islamic) accounts on all three account types for traders whose faith prohibits earning or paying interest. Swap fees on overnight positions are waived.

To request a swap-free account, email [email protected] after opening your account.

Frequently asked questions

Common questions about NextTrade account types.

Explore more

See all spreads

Full cost breakdown for all instruments

Full broker review

Our 90-day live account test

How to open an account

Step-by-step guide

Open your NextTrade account today

All three account types start from $50. We recommend the Raw account for most active traders.

Open Account at NextTrade →

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