Cent Account Forex Brokers

  1. What is Cent Account in Forex?
  2. Best Cent Account Forex Brokers
  3. Who are Best Cent Brokers?
  4. What is Contract size Forex Cent Accounts?
  5. Cent Brokers List

What is Cent Account in Forex?

Cent account in Forex is a trading account provided by Cent Account Forex Broker that measure balance in cents instead of dollars. Cent Account type is widely used by the beginner traders, as well traders who practice or test the particular trading strategy on real trading without big investments. 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. Read more about Cent Account via Wikipedia.

  • 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.
  • Cent accounts are handled the same manner as a Standard account with the only difference of the nominal amount. As an example, once the trader deposit 10$, the displayed balance on the account will be 1,000 which presents trading funds through cents.

💰 SpreadSpreads are higher compared to Standard accounts. Average EUR USD 1-2 pips
📈 LeverageYes
📉 PositionsSell and Buy
🏦 Contract sizeMicro Lot, Standard Lot (Depending on the broker)

Best Cent Account Forex Brokers

Here is a selection of Top Brokers with Cent Accounts selected best in category and are reputable brokers with good regulation.

  • FXTM– Best MT4 Cent Account Broker 2021
  • XM – Best Cent Account Broker for Beginners 2021
  • FBS– Lowest Spread Cent Broker 2021
  • RoboForex – Best Platforms Cent Broker 2021

Who are Best Forex Cent Brokers?

Best Forex Cent brokers are with Cent accounts proposal not widely available among the market offering, most are now based offshore. However, the crucial point of the broker’s regulatory status remains at priority, check only regulated brokers like FXTM or XM.

What is Contract size Forex Cent Accounts?

The contract size may be Standard or Micro lot depending on the Brokers offering, where all calculations are done in Cents instead of Dollars.

Cent Account Brokers List

Here is full list of Regulated Cent Account Brokers to choose the best Forex company and start trading through Cents’:

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: CySEC, FSC, FSA
1
BDSwiss Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
5
HotForex Review
Axiory logo Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: IFSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, FBS trader, CopyTrade
Regulation: CySEC, IFSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
Instaforex Review InstaForex
Min. Deposit: 0 $
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, WebTrader, MobileTrader
Regulation: CySEC, FSC BVI
InstaForex Review
xm.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, IFSC
XM Review