![]() Micro Lot, Standard Lot (Depending on the broker) Spreads are higher compared to Standard accounts. As an example, once the trader deposit 10$, the displayed balance on the account will be 1,000 which presents trading funds through cents. ![]() Cent accounts are handled the same manner as a Standard account with the only difference of the nominal amount.Forex Brokers who offer Cent account feature enables Live trading without large fund requirements, as all calculations and measures will be shown by the cents.Read more about Cent Account via Wikipedia. Usually, the minimum deposit is quite small for Cent Accounts and may require only 100$ or lower as a start, however within a low-risk trading environment consider the demanding minimum transaction volume. Trading for beginners with Cent Account Type is easier, so it is widely used, as well as for the traders who practice or test the particular trading strategy on real trading without big investments. What is Contract size Forex Cent Accounts?Ĭent account in Forex is a trading account provided by Cent Account Forex Broker that measure balance in cents instead of dollars.
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