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In our prop firm, the main difference between a Standard Account and a Swing Account lies in their leverage and trading restrictions.
- Standard Account: This account type offers higher leverage, giving you the potential for larger positions and greater profit opportunities. However, it comes with a restriction—you are not allowed to trade during major news events, which can limit your trading opportunities during volatile times.
- Swing Account: On the other hand, the Swing Account allows you to trade freely during news events without any restrictions, making it ideal for traders who want to take advantage of market movements during these periods. The trade-off is that the Swing Account offers lower leverage, which means you’ll have less buying power compared to a Standard Account.