How to Choose the Right Account Type

Guide to selecting the best Eurotrader account type
Written by Miguel
Updated 3 weeks ago

Eurotrader offers several specialized trading account types, each designed to match different trading strategies, experience levels, and financial goals.

Choosing the right trading account is an important step in building a smooth, cost-efficient, and enjoyable trading experience. 

This guide explains each account type in simple terms and helps you decide which one suits you best. Your documents will be reviewed by Eurotrader’s compliance team. Once your documents are verified, your profile will be completed approved and ready to open the trading account.

Why Choosing the Right Account Matters

Your account type determines your trading conditions, including spreads, commissions, leverage options, and minimum deposits. Selecting the right one can help you:

  • Reduce trading costs
  • Match your strategy to proper conditions
  • Improve your risk management
  • Learn effectively (if you’re a beginner)
  • Trade efficiently (if you’re experienced)

Eurotrader provides the following account types:

  • Raw Spread Account
  • Standard Account
  • Cent Account
  • Swap-Free Account
  • PAMM Account

Below, you’ll find a simple breakdown of each one.

1. Raw Spread Account

Best for: Experienced traders, scalpers, day traders, and algorithmic traders.

The Raw Spread account offers extremely tight spreads — often starting from 0.0 pips — in exchange for a small commission per trade. This pricing structure is ideal for traders who open and close positions frequently or rely on precise execution.

  • Ultra-low spreads
  • Commission per trade
  • Fast execution
  • Excellent for short-term strategies

Choose this account if you focus on cost efficiency and need the lowest possible spread for your strategy.

2. Standard Account

Best for: Intermediate traders, casual traders, and long-term strategies.

The Standard account offers zero commission and spreads that start slightly higher than the Raw Spread account. It’s a balanced choice for traders who prefer simple, transparent pricing without extra fees.

  • No trading commissions
  • Competitive spreads
  • Easy to understand
  • Great for swing and position traders

Choose this account if you want straightforward trading with no added commission costs.

3. Cent Account

Best for: Beginners, small deposits, and low-risk learning environments.

The Cent account uses cent lots, meaning your balance is displayed in cents (e.g., $10 = 1,000 cents). This makes it ideal for practicing with real market conditions but with minimal financial risk.

  • Extremely low minimum deposit
  • Perfect for skill-building
  • Real market environment
  • Small position sizes for safe experimentation

Choose this account if you are new to trading or testing strategies with minimal risk.

4. Swap-Free Account

Best for: Traders who cannot or prefer not to pay/receive overnight swap charges for religious or strategic reasons.

The Swap-Free account removes overnight financing fees on supported instruments, making it compliant with specific trading needs.

  • No overnight swap charges
  • Transparent, compliant structure
  • Same trading conditions as Standard or Raw (varies by region)

Choose this account if you require trading conditions without overnight swaps.

5. PAMM Account

Best for: Investors, money managers, and clients who want professionals to trade on their behalf.

A PAMM (Percent Allocation Management Module) account allows one master trader (money manager) to trade for several investors. Profits and losses are automatically allocated according to each investor’s share.

  • Hands-off investing for clients
  • Transparent performance tracking
  • Flexible allocation system
  • Managed by experienced traders

Choose this account if you prefer passive investing or want to manage multiple investor accounts as a professional.

Which Account Type Should You Choose?

Below is a quick comparison based on trader profile:

Trader Profile Recommended Account Why
Complete beginner Cent Account Safest way to learn with tiny capital
Intermediate or casual trader Standard Account No commissions, easy pricing
Scalper/day trader/algorithmic trader Raw Spread Tightest spreads and fast execution
Traders needing swap-free conditions Swap-Free No overnight fees
Investors seeking managed trading PAMM Professional management & allocation

    Once your account is fully verified you can make your First Deposit:

    1. Open the Deposit section in your Client Portal.
    2. Choose your preferred payment method.
    3. Enter the deposit amount and confirm the transaction.

    Eurotrader uses secure payment gateways to protect every transaction.

    Choose your preferred trading platform and download MetaTrader or WebTrader, depending of your account type:

    • MetaTrader 4 (MT4)
    • MetaTrader 5 (MT5)

    Download or launch the platform, then log in with your trading account credentials.

    Start Trading With Confidence
    Your account is now fully active! You may:

    • Explore charts and tools
    • Use a demo account to practice
    • Trade live markets
    • Manage your balances and settings

    Eurotrader provides a secure environment supported by multiple global regulators.

    If you need help at any stage, our multilingual support team is always available to assist you.

    Open an account with Eurotrader today and start trading with confidence.

    Did this answer your question?