As implied by title, client is able to trade as low as 1 cent per pip with Cent Micro account. Unlike other broker companies that make their 1 lot contract size equivalent to 100,000 unit which is known as ‘Market Standard Lot’, here in FxCitizen, 1 lot contract size is equivalent to 10,000 unit which is 10 times lower than market standard lot, therefore, client is able to trade 0.01 lot as every single pip is roughly 1 cent.
CENT MICRO ACCOUNT FEATURES
|Minimum Deposit||10 USD|
|Maximum Equity||1,000 USD|
|Minimum Order Size||0.01 lot|
|Forex Instruments||4 digit Fix Spread|
WHY CENT MICRO ACCOUNT?
- Traders are able to trade as low as 0.01 lot which will make it around 1 cent per pip
- Leverage up to 1:1000 allows traders to have higher margin on hand
- 4 digits fixed spread Forex instrument and Commodities available to trade
- No broker commission
- Non Swap account is available
- Eligible to Deposit Bonus, Margin Booster, CashBack and Free Bonus
The Cent Micro Account is suitable for small capital traders and rookies to the Forex market. Furthermore, it acts as a smooth shift from demo accounts to real accounts as it gives traders the chance to practice in real account before trading with large sums of money. However, if your account’s Equity exceeds the maximum limit of 1,000 USD, FxCitizen reserves the rights to change your account into more appropriate category.