When trading financial markets, traders can choose from different types of accounts, each offering unique features and benefits. The most common types include Standard accounts, Spread betting accounts, and Margin accounts. These account types cater to various trading styles, risk tolerance levels, and goals.
1. Standard Trading Accounts
A Standard account is the most basic and traditional type of trading account offered by brokers. It allows traders to buy and sell actual financial instruments, such as stocks, forex, or commodities, without using derivatives or leverage.
Key Features:

Ownership: When buying assets (such as shares), traders ...