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Cent Account vs Standard Account
3:02 · 8 chapters · Forex lessons, part 29
What you'll learn
A cent account lets a small balance trade with normal stops at 1% risk. Here's how it compares with a standard account and when to move up.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- How cent lots compare with standard lots and pip values
- Key point 2
- Why a $50 account risks 5% on a standard account but 1% on cent
- Key point 3
- Spreads, swaps and the psychology of seeing cents
- Key point 4
- Why you should check which company holds a cent account
- Key point 5
- When to move up to a standard account
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
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The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.