What types of accounts do forex brokers usually offer (standard, ECN, micro, Islamic)?

Forex brokers typically offer several account types to suit different trader needs and strategies. Standard accounts provide balanced conditions with moderate spreads and no commissions, ideal for beginners or casual traders. ECN accounts deliver raw spreads from interbank liquidity plus a commission per trade, appealing to high-volume or professional traders who prioritize execution quality. Micro or cent accounts let beginners practice with tiny lot sizes and low minimum deposits, reducing risk while learning. Islamic or swap-free accounts eliminate overnight interest charges to comply with Sharia law, charging a flat fee instead for holding positions. Some brokers also have premium or VIP accounts with enhanced conditions for large deposits. Each type varies by broker, so review specifics like spreads, leverage, and minimums before choosing.