Cent Account Broker
Trading Account Types Cent Account Explanation
There are a lot of different types of trading accounts available to anyone who wants to invest in the market. Market is a highly leveraged market for speculating and trying to profit from price valuations and fluctuations. Traders can buy large/big amounts of units using leverage. However, trading on leverage is very risky & there are various types of trading accounts available to help traders to better manage their trading risks.
It's thence crucial that the trader consider what they want to get from their trading account, before deciding on the account type to open.
Cent Trade Account
These trading accounts are often appropriate for a beginner . The risks for this trade size are low & these cent accounts sometimes can be registered and opened with only a $10 dollars minimum equity balance.
A Indices Trade 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 and transact 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 fitted for account balances which are between $100 & $1,000.
Cent account one pip = $0.01
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