Cent Account Definition in Indices Trading

What is Cent Account Indices Trading?

What is Cent Account? - Cent Account Definition - the definition of a indices Cent stock account is an account type where traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of the base lot of indices.

The Cent trading account allows many retail stock traders to access the stock trading market because with this account stock traders can trade smaller lots known as Cent lots therefore the capital needed to open this Cent stock account is not a lot as that needed for opening a standard account.

The Cent lot is equal to one tenth of the Micro lot.