What is the difference between these pairs ending with “var, mini and pro”. I searched them up and can’t find an explanation, can someone please help understand the difference between them?
Thanks.
Are these from your broker’s platform? If so, it suggests to me three different types of trader accounts, each of which has a different spread quotation when markets are open. For example someone with a small account (mini) who takes small positions sizes would have a wider spread than a large account, experienced trader (Pro), who would expect much tighter spreads.
I don’t know this particular source that you show, but this might be an explanation?
market was closed, one last question ,The only difference are the spreads?
I think the spread would be the most visible difference here but there are probably other account differences that don’t appear on this screenshot. For example in the commissions charged.
There is possibly also a difference in the fill priority whereby the “pro” accounts are filled first and therefore less exposure to slippage in fast markets. But how much difference this really makes in practice is hard to say!