Can I Start Trading with $5 for Cent Account? - Can I Start Trading with Just $5 for Cent Account? - How to Open Account with $5
For new traders wanting to start trading with $5 dollars, the Cent account option provides them with best stock trading account type - Open Account with $5 - Open Live Account with $5.
The Cent stock trading account is a stock trading account type where the traders open stock trades using Cent lots, Cent lots are equal to 100 Units of base indices. This Cent lots are a fraction of standard lots. traders trading using the Cent Indices Account can make a small deposit for examples $5 dollars deposit & use leverage provided by the Cent stock trading account to trade the Cent lots.
For example with the stock leverage option of 100:1, a trader can borrow $100 from their broker for each $1 dollar in their account - meaning if they have $5 in their stock trading account - they can borrow $5*100:1 leverage = $500 after stock leverage. Traders can then use this $500 dollars in their margin account to open and trade Cent lots.
To learn and know more about stock trading leverage & indices margin account - How to Read the following indices courses:
What's a Trade Plan? - Written Plan Example Template
Alternatives: Automated EA Trading or Copy and Paste Signals
