Cent Account Forex Brokers
What is Cent Account?
In very simple words, Cent accounts are trading accounts that measure balance in cents instead of dollars. This specification is an attractive tool for beginning or those individuals that don’t want to risk large fund amounts while trading.
That means, that Forex Brokers who offer Cent account feature enables engaging into the real trade without large fund requirement, 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$, the displayed balance on the account will be 1,000 which presents trading funds through cents.
The Cent Account type is widely used by the beginner traders, as well those traders that would like to practice or test the particular trading strategy on real trading not Demo account or to see trading conditions of the real account. Also, usually the minimum deposit is quite small for cent Accounts and may require only 100$ as a start, which is a great opportunity to start trading the Forex market and currency pairs.
Yet, in a low-risk trading environment, you should always consider the demanding minimum transaction volume and checked carefully at the Broker’s offering, as conditions may vary.
Who are Best Forex Cent Brokers?
Eventually, Forex brokers featuring Cent accounts are not too many among the market offering, therefore the listing below can help to choose the best Forex company available at your region, which brings Cent trading opportunity and start trading trough Cents’.
However, the crucial point of the broker’s regulatory status remains the same, as the unscrupulous brokers may easily fake trading conditions and remain you with the loss, even that the balance was an initially small deposit. So always stay alert, make good research and learn more information also available below.
Broker | Detail | |
---|---|---|
| Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: eToro Platform Regulation: CySEC,FCA, ASIC | eToro Review |
| Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, AvatradeGo Regulation: Bank of Ireland, ASIC, JFSA, FSCA | AvaTrade Review |
| Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: FCA, CySEC, DFSA, CIMA, FSC | HYCM Review |
| Min. Deposit: 0 GBP Max. Leverage: 1:30 Trading Platforms: CMC Web, CMC Mobile, MT4 Regulation: FCA, ASIC, FMA, IIROC, MAS | CMC Markets Review |
| Min. Deposit: 300 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4 Regulation: FSC, CySEC | FIBO Group Review |
| Min. Deposit: 10 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5, cTrader, RTrader Regulation: CySEC, IFSC | RoboForex Review |
| Min. Deposit: 0 $ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, WebTrader, MobileTrader Regulation: CySEC, FSC BVI | InstaForex Review |