Brokers Provide different types of accounts that includes micro, standard, commission, and Direct Access Account (ECN)
Direct Access (ECN) Account is the best for scalping strategies or for one minute strategy. this is because is offers lower spread, meaning brokers do not charge a trader a high amount of money when placing a trade on their platform.
with ECN (electronic communications networks ) account, a broker will match your buying or selling order to other traders. if you buy - the broker will match your buy order with a sell order of another trader, then they will not charge you a lot.
with standard account, when you buy - your broker or banks will sell for you and charge you a lot because they take the opposite side of your trade to make it possible for you to trade.
since ECN account are the best, they are expensive to fund, and brokers to do offer free bonuses in ECN accounts. If you cannot afford ECN, stick with the account type you can afford but you will be charged lot of spread. high spread will cause your trade to be in negative and is gonna take a lot pips to recover that and make you profitable.
best account is ECN but other accounts can be used as well
