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Account type – An account type name. Basic account types include Cent (balance in US cents), Micro (usually having minimum lot from 0.01 (1,000 reference currency units), Standard (classic accounts normally having ultimate functionality), Pro accounts intended for use by professional traders, usually having reduced spread, ECN (Electronic Communications Network) – accounts having access to one of electronic stock exchange systems, NDD (No Dealing Desk) – accounts with execution without the dealer’s participation, STP (Sraight Through Processing).