What are Cent Accounts?

Cent Accounts are trading accounts type where traders open stock trades using Cent lots. 1 Indices Trading Cent lot is the equivalent of 100 units of the base lot of indices.

The Cent accounts allows many retail traders to access the market because with these Cent trading accounts traders can trade smaller lots known as Cent lots therefore the capital needed to open these Cent trading accounts isn't a lot as that required for opening standard trading accounts.

Cent lots are equivalent to one tenth of the Micro indices lot.