Cent Account Broker

Trading Account Types Cent Account Explanation

There are many different types of trading accounts available to anyone who wants to invest in the market. Market is a highly leveraged market for speculating on price valuations. Traders can buy large amounts of trading units using leverage. However, trading on leverage is very risky & there are different types of trading accounts available to help traders to better manage their risks.

It's therefore important that the trader consider what they want to get out of their trading account, before deciding on the account type to open.

Cent Account

These accounts are often appropriate for a beginner trader. The risks for this trade size are low and these cent trading accounts can sometimes be registered with only a $10 dollars minimum equity balance.

A Indices Trading cent account is in general used by new traders who wish to experience a live environment without risking a big amount of money. Cent trading accounts allows the trader to trade in cent lots. 1 cent lot is one- tenth of a micro lot & one-hundredth of a mini lot.

Cent accounts are in general best suited for account balances which are between $100 and $1,000.

Cent trading account 1 pip = $0.01