Oxzmarkets
CENT ACCOUNT
Oxzmarkets MARKETS
CENT ACCOUNT
A Cent account is a special type of trading account that allows for swap-free trading using cent lots. One cent lot equals 0.01 of a standard lot, or 1,000 units. With margin requirements starting from just 10 US cents, this account is perfect for beginners moving from demo to live trading.
Cent accounts are ideal for new traders who want to gain real market experience with minimal investment. They also offer experienced traders a low-risk way to test new strategies and explore unfamiliar trading instruments.
ACCOUNT DETAILS
| Account Type | CENT |
|---|---|
| Trading Platforms: | MT4, MT5, Web Trader |
| Spreads Types: | Variable |
| Spreads Pips: | 1.2 Pip |
| Account Currency: | USD |
| Contract Size: | 1 lot = 1000 units |
| Trading Instruments: * | All Available (full list) |
| Minimum deposit: | 10$ |
| Minimum trade size (Lots): | 0.01 Lot |
| Maximum Leverage: ** | leverage 1000:1 |
| Trade size increment: | 0.01 |
| Maximum Total Trade Size (Lots): | |
| Max Simultaneous Open Orders: | 150 |
| Margin Call: | 60% |
| Stop Out Level: | 30% |
| Market Execution: | Market |
| Personal Account Manager: | Yes |
| Fifth Decimal: | Yes |
| Commission for forex pairs: | No |
| Flexible Bonus Offerings: *** | No |
| Personalised Service: | Yes |
| Swap free: **** | Yes |
| IB Commission | 0.10 ¢ |