Broker for EURUSD cent account | no commission | no swap | Forex Factory

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Broker for EURUSD cent account | no commission | no swap

  • #1
  • First Post: Mar 2, 2021 7:22am Mar 2, 2021 7:22am
Hi
Guys am looking for the Best broker with lowest spreads on CENT account for EURUSD. There should be no commission and no swap.

Spreads may be fixed or variable.

Furthermore, Skrill and Neteller Deposit and Withdrawal options with ZERO fees are eyed.

Kindly advise broker accordingly.

Regards
  • #2
  • Nov 16, 2021 5:35pm Nov 16, 2021 5:35pm
Quoting gettop
Hi Guys am looking for the Best broker with lowest spreads on CENT account for EURUSD. There should be no commission and no swap. Spreads may be fixed or variable. Furthermore, Skrill and Neteller Deposit and Withdrawal options with ZERO fees are eyed. Kindly advise broker accordingly. Regards
Hey Gettop
Did you go for any cent account broker in the end ? any recommendations..? also looking for a decent cent account, but terrible reviews everywhere I look...
  • #3
  • Dec 22, 2021 1:42pm Dec 22, 2021 1:42pm
Quoting Yaya21
{quote} Hey Gettop Did you go for any cent account broker in the end ? any recommendations..? also looking for a decent cent account, but terrible reviews everywhere I look...
You may choose between FBS (https://fbs.partners?ibl=34561&ibp=3215881) and FXTM (http://www.forextime.com/register/open-account?raf=81bf44ff). I've been trading with both of them for years and I didn't have any issues.
Risk Management is of utmost importance!
  • #4
  • Dec 22, 2021 7:58pm Dec 22, 2021 7:58pm
If you still need it, you can choose Exness and XM
  • #5
  • Edited 9:47am Feb 21, 2022 9:25am | Edited 9:47am
Quoting gettop
Hi Guys am looking for the Best broker with lowest spreads on CENT account for EURUSD. There should be no commission and no swap. Spreads may be fixed or variable. Furthermore, Skrill and Neteller Deposit and Withdrawal options with ZERO fees are eyed. Kindly advise broker accordingly. Regards
Hey Guys,

Thanks a lot for the recommendations for my query.

Well sharing my experience in last 1 year, I have tried almost all brokers with CENT accounts. I have studied in detail each and every broker and comparing to leading ICMarkets (https://icmarkets.com/?camp=39959), Octa Fx, F B S, FXTM, forex.com, Tickmill.co, XM.com, and about 20 more top brokers. Just in case if someone needs discussion for accounts comparison for these brokers, i am all hands on it. However, ICMarkets (https://icmarkets.com/?camp=39959) stays on Number 2.


EXNESS (https://one.exness.link/a/c_s0u5ee724n) (Fully Regulated Broker) - Number 1.
https://one.exness.link/a/c_s0u5ee724n

In the end so far, I am now satisfied with EXNESS FCA Regulated broker (https://one.exness.link/a/c_s0u5ee724n) that tops the list not only for CENT accounts but also for major Currency accounts for MT4 / MT5. And there are solid reasons for it in my experience. I have taken regular withdrawals almost 2-3 times every week since last year and it runs with a smooth pace. I trade low spread pairs on this broker, so i am happy. Furthermore the best part contains one of the unique feature of allowing stop out margin for account drawdown for more than 95%. Moreover, Withdrawals are instant, especially for Skrill and Neteller e-gateways. many other deposit and withdrawal options are available.

It also allows campaigns for profitable clients to gain on each trade. Like i can remember for last 4 months, i have been winning the total roof of campaign.

The account verification and documentation is very fast as compared to other brokers. You can opt for Swap Free accounts for US Cents/USD and all other currencies available. Also Islamic account version allows commission free trades with the tightest possible spreads. Both Standard and Raw accounts are available. So many more features in this broker.

EXNESS (https://one.exness.link/a/c_s0u5ee724n) (Fully Regulated Broker)
https://one.exness.link/a/c_s0u5ee724n

Regards
Cheers
  • #6
  • Feb 21, 2022 9:49am Feb 21, 2022 9:49am
Quoting gettop
{quote} Hey Guys, Thanks a lot for the recommendations for my query. Well sharing my experience in last 1 year, I have tried almost all brokers with CENT accounts. I have studied in detail each and every broker and comparing to leading ICMarkets (https://icmarkets.com/?camp=39959), Octa Fx, F B S, FXTM, forex.com, Tickmill.co, XM.com, and about 20 more top brokers. Just in case if someone needs discussion for accounts comparison for these brokers, i am all hands on it. However, ICMarkets (https://icmarkets.com/?camp=39959)...
But there is one main problem! Who regulates them?
Risk Management is of utmost importance!
  • #7
  • Feb 22, 2022 2:29am Feb 22, 2022 2:29am
Quoting RCtrader
{quote} But there is one main problem! Who regulates them?

- FBS is a brand name used by Tradestone Limited, which is a Cyprus registered company, registered with CySEC, ASIC, IFSA and FSCA. ... Yet, together with regulation from European CySEC, it makes FBS a broker that complies to regulatory requirements and therefore offers reliable trading conditions.

- FXCM expanded overseas when it opened an office in London which became regulated by the UK Financial Services Authority.

- Exness (https://one.exness.link/a/c_s0u5ee724n)is a licensed and regulated forex broker with many regulators, and they are also regulated with FSCA in South Africa. Exness (https://one.exness.link/a/c_s0u5ee724n) also received license from CySEC.Exness entities are regulated by a host of financial regulatory organizations worldwide (https://one.exness.link/a/c_s0u5ee724n). It offers to Trade with better-than-market conditions. Trade across multiple markets with the most stable and reliable pricing in the industry.

Seychelles Financial Services Authority (FSA)
Cyprus Securities and Exchange Commission (CySEC)
The Financial Conduct Authority (FCA) in the United Kingdom
South Africa Financial Sector Conduct Authority (FSCA)
Central Bank of Curacao and Sint Maarten (CBCS)
Financial Services Commission (FSC) - British Virgin Islands

https://get.exness.help/hc/en-us/articles/360014539320-Is-Exness-regulated-
  • #8
  • Feb 22, 2022 2:57am Feb 22, 2022 2:57am
Quoting gettop
{quote} - FBS is a brand name used by Tradestone Limited, which is a Cyprus registered company, registered with CySEC, ASIC, IFSA and FSCA. ... Yet, together with regulation from European CySEC, it makes FBS a broker that complies to regulatory requirements and therefore offers reliable trading conditions. - FXCM expanded overseas when it opened an office in London which became regulated by the UK Financial Services Authority. - Exness (https://one.exness.link/a/c_s0u5ee724n)is a licensed and regulated forex broker with many regulators,...
I was talking about Exness. Could you give me the link to the website where you saw that they are regulated by CySEC?
Risk Management is of utmost importance!
  • #9
  • Feb 22, 2022 8:12am Feb 22, 2022 8:12am
Sorry, you did.
It says exness entities. And the one being regulated is exness.eu; the platform is not for retail traders. Therefore, you don't have CySEC protection if you trade with exness.com.
Risk Management is of utmost importance!
  • #10
  • Feb 22, 2022 10:23pm Feb 22, 2022 10:23pm
Quoting RCtrader
Sorry, you did. It says exness entities. And the one being regulated is exness.eu; the platform is not for retail traders. Therefore, you don't have CySEC protection if you trade with exness.com.
Cyprus Securities and Exchange Commission (CySEC)
Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC (https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37681/)) with license number 178/12.
The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector.
  • #11
  • Feb 24, 2022 3:50am Feb 24, 2022 3:50am
Quoting gettop
{quote} Cyprus Securities and Exchange Commission (CySEC) Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC (https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37681/)) with license number 178/12. The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the...
And don't you see what is written on their website?? the approved domain is exness.eu, not exness.com!!
Risk Management is of utmost importance!
  • #12
  • Last Post: Mar 4, 2022 12:09am Mar 4, 2022 12:09am
Quoting RCtrader
{quote} And don't you see what is written on their website?? the approved domain is exness.eu, not exness.com!!
I don't know why you are arguing with an Exness Introducing Agent.

I would never place a single cent with Exness, it is extremely shady and commonly used by scammers.
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