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Looking for a Cent account, low spreads, micro lots broker

  • #21
  • Feb 18, 2016 7:51am Feb 18, 2016 7:51am
Quoting Reamasesa
{quote} Hi, Mind you, HF doesn't offer Cent accounts, and unless I'm gravely mistaken, Micro account doesn't function as a Cent account in terms of balance, you deposit 10$ you trade with 10$ (with leverage). This, in my opinion, is not the same as depositing 10$ and trading a 1000$ (cents). When I learn, I want to be able to mimic a "normal" account when I move into using one, that's why I want to get a descent (not best, as I, too, doesn't think such a thing exists) Cent account that I can trade and test and even practice withdrawals (if I'm lucky...
Cent accounts are same to demo in terms of trading conditions. The only difference between demo and real account is slippage and you won't get it on cent accounts, because of very low trading volume. So basically cent account is equal to demo.
  • #22
  • Feb 21, 2016 3:31am Feb 21, 2016 3:31am
Quoting leebsurag
{quote} Cent accounts are same to demo in terms of trading conditions. The only difference between demo and real account is slippage and you won't get it on cent accounts, because of very low trading volume. So basically cent account is equal to demo.
Well, my demo account is doing much much much much better than my cent account, and not to that extent but other demo accounts performed much better than the mini accounts on other brokers so I'm treating demo accounts with caution as I don't feel, from my own experience and not in general, that they perform as a reall account however small it might be.
  • #23
  • Jun 4, 2017 11:40am Jun 4, 2017 11:40am
Itīs a lure!! I tried FXTM an there is not such thing as a nano account, the only offer a "Cent" account that is a micro account that displays itīs balance on dollar and cents. I hope I can withdraw my funds as itīs not what I was looking for
  • #24
  • Last Post: Oct 11, 2017 3:32pm Oct 11, 2017 3:32pm
I did not watch the reviews, but I had a cent account at Roboforex, Liteforex, Instaforex and Tradefort.
Slippage and execution is best at Tradefort and still has nano account.
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