I’ve been looking at roboforex for a couple months now and the account types are confusing me. ECN, Standard, Prime - they all sound different but I can’t figure out which one actually makes sense for what I’m trading.
The spreads look different on paper, but once you add in commissions and everything else, I honestly don’t know what my real cost per trade actually is. I keep seeing people mention GlobeGain rebates helping with this, but I’m not clear on how the rebate actually applies to each account type or if it changes the math.
I want to pick the one that actually costs the least once rebates are included, not just the one with the lowest spread advertised. Has anyone actually calculated this out and compared the three account types with rebates factored in? What number should I be looking at to make a real decision here?
The key is calculating total trading cost, not just spreads.
For ECN accounts on RoboForex, you typically see lower spreads (0.3-0.5 pips) but fixed commission per lot. Standard accounts have wider spreads (1-2 pips) but no commission. Prime sits in the middle.
GlobeGain rebates apply to all three, but the rebate percentage or amount might differ. You need to know your monthly lot volume first. Run through a real calculation: if you trade 10 lots per month on EUR/USD, calculate the cost for each account type, then subtract the rebate you’d actually receive. That’s your true cost.
Most traders I work with find ECN wins if they trade 50+ lots monthly. Below that, Standard often costs less because commission adds up. Test with small positions first.
I went through this exact comparison last year. Spent like two weeks trying to figure out which account made the most sense.
What I found was that the spreads don’t matter as much as execution quality and your actual trading frequency. I started on Standard, moved to ECN for scalping, then back to Standard for swing trading.
With GlobeGain rebates, I calculated it on a spreadsheet with my actual trades. The rebate actually matters more when spreads are wider, so ironically Standard sometimes came out ahead even with bigger spreads because the rebate covered more of the total cost.
If you’re not sure yet, stick with Standard for your first month. Track every trade and calculate the real cost. Then you’ll see which account type actually makes sense for how you actually trade.
Good question because this is actually important and not obvious.
I’d suggest pulling up the RoboForex account comparison page and writing down the spread and commission for each type. Then calculate what you’d pay on a typical trade - say 1 lot of EUR/USD.
Add the rebate you’d get from GlobeGain on top of that. Do it for all three account types. Once you see the actual numbers side by side, it becomes way clearer which one fits your style.
The tricky part is that the rebate depends on your volume, so if you’re just starting out, call GlobeGain or check their site to see what percentage or amount you’d actually receive.
ECN usually has better spreads but costs commission. Standard has wider spreads, no commission. Rebates help with both.
ECN wins high volume. Standard wins low volume.
One thing I wish I’d done earlier: track your actual slippage on paper trades before committing real money. The account type that looks cheapest on the spreadsheet might slip you 2 pips on entry, which wipes out the spread advantage. Execution quality differs between account types on RoboForex.
The honest answer is that without knowing your trading volume and style, it’s hard to say which one truly costs less.
But you can test it. Open a demo account on each type, simulate your trades for a week, and see what the real cost would be with rebates included. That will show you the actual number, not just the theory.
I’d check how much volume you actually trade first. That determines which account type wins.
Track a month of trades then compare actual costs.