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Cent Account
- Trading Accounts
- Cent Account
Cent account is a type of trading account that allows you to trade swap free and with cent lots. A Cent lot equals 0,01 of a Standard lot or 1,000 units. The margin requirements are as low as 10 US cents making it a beginner-friendly option for traders transitioning from trading on a Demo account to real trading.
Cent accounts are an excellent choice for novice traders who want to put their trading skills to the test and learn the dynamics of the real market - all while not investing too much of their trading funds. Experienced traders can also trade on Cent accounts to test new trading instruments and develop their strategies with less capital and reduced exposure.
Minimum deposit
Leverage
Commission
Swap free
Account Details
| Trading Platform: | MetaTrader 4, MetaTrader 5, Webtrader and Mobile Trading |
| Spreads: | From 1.2 pip |
| Contract Size: | 1 lot = 1000 units |
| Trading Instruments | Forex, Gold |
| Fifth Decimal: | |
| Maximum Leverage: | 1:2000 |
| Execution: | Market Execution |
| Minimum opening deposit: | $0 |
| Minimum trade size: | 0.01 Lot |
| Trade size increment: | 0.01 |
| Maximum Total Trade Size: | 200 Cent Lots per position / 1000 Cent Lots account total |
| Maximum Simultaneous Open Orders: | 150 |
| Margin Call / Stop out level: | 50% / 20% |
| Telephone Trading: | |
| Account Currency: | USC |
| Personal Account Manager: | |
| Commission | No |
| Swap free* | Yes |
| Flexible Bonus Offerings | No |
* Swap-Free applies only for specific trading instruments. Terms and Conditions apply.
Trading Accounts
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FAQs
You can trade 50+ currency pairs, including majors, minors and exotics, and Gold.
Cent account is a type of trading account that allows you to trade with cent lots. Swap free and with no minimum deposit, 1:2000 leverage and no commissions, it is a beginner-friendly option for traders transitioning from trading on a Demo account to real trading.
The Cent account is available on all our MT4 and MT5 platforms on desktop, Android and iOS.
There is no minimum deposit for the Cent account.
Yes. In order to comply with the Islamic faith, HFM offers swap-free trading conditions on Cent account for clients who observe Sharia law.
There is no swap fee when holding overnight positions. Terms and conditions apply.
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