Exness Raw Spread Account: Complete Review & Trading Conditions

The Exness Raw Spread account is a professional-tier account designed for traders who need direct, unfiltered market pricing. It passes interbank spreads through to the trader in exchange for a fixed commission per lot — a structure popular with scalpers, high-frequency traders, and algorithmic systems.

This review covers the full trading conditions, actual costs, who this account is right for, and how it compares to the other four Exness account types.

Raw Spread Account: Key Facts

Feature	Details
Account category	Professional
Minimum deposit	$200
Spread (EUR/USD)	From 0.0 pips
Typical EUR/USD spread	~0.1 pips (active market hours)
Commission	$3.50 per lot per side ($7.00 round trip)
Execution type	Market execution
Leverage	Up to 1:Unlimited (equity-based conditions apply)
Platforms	MT4, MT5
Demo account	Yes

Sources: exness.com/pro-accounts, get.exness.help — Trading account types, accessed March 2026.

How Raw Spread Pricing Works

Most retail brokers embed their markup directly into the spread. When you see a EUR/USD bid/ask of 1.0850 / 1.0859, that 0.9-pip difference includes both the interbank spread and the broker's profit margin.

The Raw Spread account removes the markup. Instead, Exness charges a flat commission of $3.50 per lot per side (equivalent to $7.00 per standard lot on a round-trip trade). The spread itself reflects interbank pricing — often 0.0 to 0.3 pips on EUR/USD during active sessions.

Why this matters:

For a high-volume trader executing 50 standard lots per month on EUR/USD:

• Standard account (0.9 pip average): 50 × $9 = $450 in spread costs
• Raw Spread account (0.1 pip average + $7 commission): 50 × ($1 + $7) = $400 in total costs

The cost advantage of Raw Spread scales directly with trading volume. At 10 lots per month, the difference is minimal. At 200+ lots, the savings become material.

Note: These figures are illustrative using indicative averages. Actual spreads are variable. Commission figures sourced from exness.com/pro-accounts, March 2026.

EUR/USD Trading Costs: Raw Spread vs All Account Types

Account	Typical Spread	Commission (round trip)	Total Cost (1 lot)
Standard	~0.9 pips	$0	~$9.00
Standard Cent	~0.9 pips	$0	~$0.09 (cent lots)
Pro	~0.6 pips	$0	~$6.00
Raw Spread	~0.1 pips	$7.00	~$8.00
Zero	0.0 pips	$3.50–$6.00/side (varies)	~$7.00–$12.00

Sources: exness.com/standard-accounts, exness.com/pro-accounts, both March 2026. "Typical spread" is an indicative average during London/New York overlap. Spreads widen during off-hours and news releases.

A key observation: at typical conditions, the Raw Spread account is not necessarily cheaper than Standard on a per-trade basis for a single lot. The cost advantage emerges with volume and with tighter entry pricing — especially for scalpers who rely on near-zero spread at entry.

Spreads Across Major Instruments

The Raw Spread account's competitive advantage varies by instrument:

Instrument	Standard (avg)	Raw Spread (avg)
EUR/USD	~0.9 pips	~0.1 pips
GBP/USD	~1.2 pips	~0.2 pips
USD/JPY	~0.8 pips	~0.1 pips
AUD/USD	~0.9 pips	~0.2 pips
XAU/USD (Gold)	~25 pips	~7 pips
US30 (Dow Jones)	~5 pips	~2 pips

Indicative averages. Source: Exness spread list data, exness.com, March 2026. For instrument-specific data, see our Exness Spread List.

Gold (XAU/USD) trading shows a particularly large spread reduction — from ~25 pips on Standard to ~7 pips on Raw Spread. For gold traders, the Raw Spread account can represent significant per-trade savings once volume justifies the $200 minimum deposit.

Commission Structure in Detail

The Raw Spread commission is straightforward but has nuances:

Standard instruments (most forex pairs):

• $3.50 per lot per side
• $7.00 per standard lot round trip
• Applied when opening AND closing a position

Calculation example — EUR/USD:

• Open 2 lots: 2 × $3.50 = $7.00 charged
• Close 2 lots: 2 × $3.50 = $7.00 charged
• Total commission: $14.00 for a 2-lot round trip
• Plus spread cost at ~0.1 pips: $2.00
• Total transaction cost: ~$16.00

Same trade on Standard account:

• 2 lots at ~0.9 pips average: 2 × $9.00 = $18.00
• Commission: $0
• Total: $18.00

The break-even point depends on whether spread savings exceed commission costs — which is more likely at higher volumes and on tighter-spread instruments.

Source: Commission structure from exness.com/pro-accounts, March 2026.

Market Execution: What to Expect

The Raw Spread account uses market execution, not instant execution. This distinction matters:

Market execution:

• Orders fill at the best available market price at the time of execution
• Slippage (positive or negative) is possible during fast markets
• No requotes — the order executes regardless of price movement during processing
• Suited to algorithmic trading, scalping, and position traders

Instant execution (available on Pro account):

• Orders fill at the exact price requested, or not at all
• Requotes possible when price moves before execution
• Better suited to discretionary traders who need certainty of entry price

For automated trading systems (EAs) and scalpers, market execution on Raw Spread is generally preferred because it eliminates requotes and allows faster order processing.

Raw Spread Account: Who Is It For?

Best suited to:

1. Scalpers — traders entering and exiting positions within seconds to a few minutes. Near-zero spreads at entry maximise the potential of small price movements. The commission is predictable and calculable in advance.

2. Expert Advisor (EA) users — algorithmic systems typically trade in volume. At 100+ lots/month, Raw Spread's lower per-pip cost reduces drag on backtested performance.

3. High-frequency traders — similar reasoning to scalpers. Spread costs compound rapidly with trade frequency; Raw Spread reduces that drag.

4. Experienced traders managing risk tightly — those who are precise about entry and exit points benefit from knowing exact entry prices aren't distorted by wide spreads.

Not ideal for:

1. Beginners — the $200 minimum deposit, commission structure, and professional-tier expectations make this account unsuitable as a first trading account. Start with Standard.

2. Low-volume swing traders — if you trade 1–5 lots per month, the commission on Raw Spread may cost more than the Standard account's built-in spread for your volume.

3. Traders who prefer simplicity — having to calculate both spread and commission adds cognitive load. If you prefer a single all-in cost, the Standard or Pro account is simpler.

Raw Spread vs Pro Account

A frequent question is whether Raw Spread or Pro is the better professional account choice:

Feature	Raw Spread	Pro
Spread	~0.0–0.3 pips	~0.1–0.6 pips
Commission	$3.50/lot/side	None
Execution	Market	Instant
Best for	High-volume, scalping	Discretionary, no-commission preference
Leverage	Up to 1:Unlimited*	Up to 1:Unlimited*

*Equity-based leverage conditions apply.

Summary: Raw Spread wins on cost-per-pip at high volume. Pro wins on execution type (instant) and simpler cost structure (no commission). If you trade manually and prefer instant execution with no commission to calculate, Pro is the cleaner choice. If you use EAs or scalp consistently, Raw Spread is typically more cost-efficient.

For a full Pro account breakdown, see our Exness Pro Account review.

Raw Spread vs Zero Account

Both Raw Spread and Zero are commission-based professional accounts. The key difference:

Raw Spread:

• Spreads float with the market (from 0.0 pips)
• Fixed commission: $3.50/lot/side on most instruments
• Consistent cost structure across all instruments

Zero:

• Zero spreads on the top 30 instruments for approximately 95% of the trading day
• Commission varies by instrument (can be higher than Raw Spread on some pairs)
• Better for traders who need guaranteed 0.0 spread entry on specific instruments

For most instruments and most traders, the total cost difference between Raw Spread and Zero is small. The Zero account suits traders who specifically need exact 0.0 spread entry — for example, certain automated strategies that calculate exact cost based on 0.0 spread assumption.

For Zero account details, see our Exness Zero Account guide.

Opening a Raw Spread Account

To open a Raw Spread account:

1. Log in to the Exness Personal Area at exness.com
2. Click "Open New Account"
3. Select "Professional Accounts" category
4. Choose "Raw Spread"
5. Select your preferred platform (MT4 or MT5), leverage, and account currency
6. Deposit a minimum of $200 to activate the account
7. Download MT4 or MT5, enter your account credentials, and start trading

Note: A Raw Spread account requires completion of Exness KYC verification. Upload a valid government-issued ID and proof of address if not already verified. Source: exness.com Personal Area, accessed March 2026.

Spreads During News Events

An important caveat for Raw Spread users: during high-impact news releases (Non-Farm Payrolls, CPI, central bank rate decisions), interbank spreads widen significantly. The Raw Spread account passes this widening directly to the trader.

On EUR/USD, a spread that is 0.1 pips during normal conditions can temporarily reach 2–10 pips around NFP. This is normal and reflects real market liquidity conditions — it is not a broker markup.

Risk management during news:

• Avoid opening new positions immediately before high-impact news
• Widen stop-loss distance to account for potential spread spikes
• Consider closing open scalp positions before major announcements

Source: General market microstructure principle; consistent with Exness documentation on market execution accounts.

Verdict: Is the Raw Spread Account Worth It?

The Raw Spread account is a legitimate, cost-efficient choice for the right trader — specifically, high-volume traders, scalpers, and EA users who will generate enough volume for the lower spread-per-pip to outweigh the commission cost.

For a trader executing 50+ standard lots per month, or running automated strategies that trade frequently, Raw Spread will typically deliver a lower total cost than Standard or Pro.

For beginners or low-volume traders, the $200 minimum deposit and commission complexity make Standard the better starting point. The Raw Spread account is not where you learn to trade — it is where you go when you already know what you are doing and need cost efficiency at scale.

Rating: 4.3/5 for experienced and high-volume traders.

Related Articles

• Exness Account Types — Full Comparison
• Exness Pro Account Review
• Exness Zero Account Guide
• Exness Fees & Spreads
• Exness Spread List
• Exness Leverage
• Exness MT5 Download

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Risk Warning: Trading forex and CFDs carries significant risk of loss. The Raw Spread account is a professional product intended for experienced traders. Commission costs and spread conditions are indicative and subject to change. Verify current account conditions at exness.com before opening an account. This article is for informational purposes only and does not constitute financial advice.