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World-famous trading platforms. «Cent» accounts in MT4 and MT5. Cent account forex brokers list The main distinctive feature of cent (micro) accounts is that they use 100x denominated monetary units of the base currency (US Cent, EU Cent, etc.), while the trading conditions are equal to those for standard accounts. Just deposit 10 USD to your cent account to get 1,000 US Cents. As a result, cent accounts will be excellent not only for beginner traders, but for professionals as well, because it may help them to test new trading strategies or Expert Advisors in market conditions without any significant financial investments.
Cent forex broker
The advantage of a cent account is that is lets you trade ‘for real’, thus getting used to actual trading and at that not risking to lose a large sum of money. It can be used not only by traders; if you decide to test trading conditions offered by a certain broker or a new strategy and don’t want to put your money at risk, forex cent accounts should be your choice. The disadvantage of cent accounts is that the majority of forex brokers offering such a service limit the maximum account and position size to keep the usage down to a minimum. Also, the cent accounts are associated with higher quote spreads to compensate brokers. Best Forex Brokers for Social Copy Trading We at moneycontrol use cookies and other tracking technologies to assist you with navigation and determine your location. We also capture cookies to obtain your feedback, analyse your use of our products and services and provide content from third parties. By clicking on 'I Accept', you agree to the usage of cookies and other tracking technologies. For more details you can refer to our cookie policy.UK forex broker comparison
IC Markets is an excellent forex broker for scalping, and provides zero spreads (plus commission) via its Raw Spread Account. IC Markets is used by a significant number of algorithmic traders and provides access to third-party trading platforms like cTrader and MetaTrader. These platforms allow you to run automated high-frequency trading programs such as scalping-based strategies and can even place orders in between the spread. Want to use MetaTrader, but not sure which version to choose? My MT4 vs MT5 guide can help you make an informed choice (I've been using MetaTrader since 2005). What’s the best forex broker for you? CTrader is a popular Forex and CFD platform that offers advanced trading features, an intuitive interface, and coded customisation. Available on Windows, IOS, Android, or any browser, cTrader offers traders a range of capabilities unavailable on other platforms.
