What is Difference Between Cent Account & Mini Account?
Cent vs Mini Accounts for Stock Indices Trading
The fundamental distinction between a Cent Account and a Mini Account lies in the standardized trading volume size that is deployed for transactions within a Cent account versus the volume utilized in a Mini trading account.
For accounts denominated in Cents, the trading volume corresponds to just one-thousandth of the base lot unit size.
For the Mini account the trading volume is equivalent to a tenth of standard lot
A Cent Lot represents trading at one-thousandth of a standard lot, equivalent to 0.1 of a Mini Lot. It provides an accessible trading option for Cent accounts with lower contract sizes.
Mini Lots - For accounts designated as Mini accounts, the trading volume is equivalent to one-tenth (1/10th) of a standard lot size.
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