standard account is a legitimate starting point not a downgraded trap
A lot of brokers use their entry-level account as bait decent enough to get your deposit, restricted enough to push you toward an "upgrade." MagnoFx's Standard account doesn't operate that way. You get access to the full instrument range, competitive spreads, and the same execution environment as the RAW account, just with a slightly different cost structure. For someone testing a new strategy with limited capital or evaluating a broker before scaling up, this is exactly how a standard account should work. The minimum deposit requirement is genuinely low, which meant I could run a real-money test without significant exposure while I was evaluating execution quality.