Published account profile
Course context: This lesson belongs to a practical beginner curriculum for Pakistan.
| Field | Current description | Planning consequence |
|---|---|---|
| Execution | Market execution, no requotes | Slippage remains possible |
| Spread | From 0.0 pips | Actual spread must be observed live |
| Commission | Instrument-specific, up to USD 3.50/lot/side on most instruments | Add opening and closing sides |
| Initial deposit | Starts from USD 200 depending on region | Pakistan PA value is decisive |
| Minimum volume | 0.01 lot | Cash exposure still depends on contract size |
| Hedged margin | 0% on fully matched volume | Unhedging can require margin |
Round-trip formula
Total planned cost = opening spread + commission for both sides + expected swap + conversion + slippage allowance. At the maximum headline commission, 0.10 lot costs up to USD 0.35 per side, or USD 0.70 round trip, before spread and other costs. Exact commission must come from the symbol specification.
Raw versus Standard experiment
| Observation | Raw Spread | Standard |
|---|---|---|
| Bid/Ask at signal time | Record 20 snapshots | Record same 20 snapshots |
| Commission | Exact symbol rate × volume × 2 sides | No trading commission |
| Swap | Record for planned direction/holding | Record for same direction/holding |
| Execution | Requested versus filled price | Requested versus filled price |
| Final comparison | Median and worst all-in cost | Median and worst all-in cost |
Who may benefit—and who may not
Raw Spread can make cost components easier to model for frequent, short-horizon or automated strategies. It may be unnecessary for a beginner whose priority is the smallest practical exposure, simpler cost display or a low first deposit. Suitability follows measured total cost and risk controls, not the account’s professional label.
Demo acceptance criteria
- Select one symbol and Pakistan-time session.
- Run the same twenty signals on Raw and Standard demo where available.
- Normalize volume and exits.
- Include rejected/skipped signals and slippage.
- Compare median, 90th-percentile and worst total cost.
- Reject the switch if the measured benefit does not exceed operational complexity.
Official references
Raw Spread account · Commission calculation · Account comparison
Questions from a first-time learner
Is every Raw Spread trade commission-free when spread is zero?
No. Raw Spread charges instrument-specific commission on both sides.
Is USD 3.50 always the exact commission?
No. It is an “up to” per-lot, per-side figure for most instruments; check the exact symbol.
Does market execution prevent slippage?
No. It prevents requotes but execution price can differ from the requested price.
What is the minimum first deposit in Pakistan?
It is region-specific and must be read from the live Personal Area; official guidance says it starts from USD 200 by region.