What is the Minimum Deposit for Cent Account?

Minimum Capital Required to Start Day Trading with a Cent Account

Minimum deposit required to open a trading Cent trading account is $5 dollars.

With $5 minimum indices trading deposit for a Cent Account stock traders can open a trading Cent account & trade Cent lots.

The Cent Account uses Cent Lots when opening new stock trades.

1 Cent Lot is equal to 100 Units of base indices trading instrument

The Pip amount calculation for 1 Pip in a Cent account is equal to $0.01 or 1 Cent. Therefore traders trading on this Cent trading account using Cent lots will make profit of $0.01 or 1 Cent per 1 pip movement if the trade goes in their direction or makes loss of $0.01 or 1 Cent per 1 pip movement if the trade decides goes against their trade direction.

This Cent trading account is best for new traders because a trader can trade using smaller lots - Cent lots and learn how to trade without investing a lot of trading capital in their Cent account.