What are the differences between raw spread and standard account in the context of cryptocurrency trading?

3 answers

• Noura AMSAGUINEMay 10, 2024 · 2 years ago
  A raw spread account in cryptocurrency trading refers to an account type where the spreads are not marked up by the broker. This means that the spreads offered to traders are the same as the spreads in the market. On the other hand, a standard account may have marked-up spreads, meaning that the broker adds a markup to the spreads offered to traders. This markup is the broker's profit. So, the main difference between a raw spread account and a standard account is the presence of a markup on the spreads in a standard account.
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• P1ZDATDec 20, 2021 · 4 years ago
  When it comes to cryptocurrency trading, a raw spread account offers traders the advantage of trading with tighter spreads. Since the spreads are not marked up by the broker, traders can benefit from more competitive pricing. On the other hand, a standard account may have wider spreads due to the markup added by the broker. This can result in higher trading costs for traders. Therefore, the choice between a raw spread account and a standard account depends on the trader's preference for tighter spreads or potentially lower trading costs.
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• Chris T.Dec 22, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, offers both raw spread accounts and standard accounts to cater to the diverse needs of traders. With a raw spread account, traders can enjoy the benefits of trading with tight spreads that reflect the market conditions. On the other hand, a standard account provides traders with the convenience of a fixed spread, which may be suitable for certain trading strategies. Whether you choose a raw spread account or a standard account, BYDFi ensures a secure and reliable trading environment for all its users.
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