Top Cent Account Brokers

Since the recent few weeks saw a massive volatility in gold and silver prices, the traders with small equities were wiped away too quickly. The average daily range for gold is now too high to be handled by accounts under a $1000. So, the best alternate is to use a cent account. Here's a list of top 3 cent account broker, based on my personal experience:

1. Exness

It is a popular broker with multiple payment processors, instant deposits and withdrawals. The broker is old and reputed, trusted by hundreds of thousands of traders worldwide. There's no limit for minimum deposit. You can use crypto, Skrill, or even Exness to Exness to deposit or withdraw. The broker has an app to handle all operations.

2. Exclusive Markets

Comparatively lesser know broker but good support team, multiple payment processors and user-friendly interface. The spreads are reasonable for the cent account. Recently, when brokers had suspended the gold trading, this broker had not changed anything and maintained a smooth process.

3. VantageMarkets

This is a wonderful broker with strong regulation and offers cent accounts with multiple markets including stocks and crypto. They have a native app to handle everything from your mobile phone.

I'll provide further details to these brokers in the same thread one by one. If you have experience using cent accounts with these or other brokers, do share your experience so other traders could benefit.

Cent accounts are great for testing strategies with low risk, but volatility in gold and other markets can be brutal. For those using Exness, Exclusive Markets, or VantageMarkets cent accounts, how have you managed execution and spreads during high volatility events? Any tips to avoid slippage or unexpected delays in withdrawals?

I have not seen withdrawal issues with these brokers. However, wider spreads and slippages during the high imapct events can be painful. I rank Exclusive as least disturbing i volatile trading environment.

I agree with you. Gold volatility lately has been crazy, and small accounts under $1,000 are really struggling to survive the daily range. Cent accounts definitely make more sense right now for better risk control.
Exness is solid for fast deposits/withdrawals. Vantage is good for regulation and multi-asset access. Interesting to hear about Exclusive Markets keeping gold open when others suspended it.

Keeping fixed lot size and SL won't make sense in highly volatile markets. So, I adjust as per average daily range and use ATR as a measure to adjust the levels.

Fixed lot size and static SL only work when volatility is stable. In expansion phases, the same stop that worked yesterday just becomes noise today.
Adjusting position size based on ATR and average daily range shows you’re thinking in terms of market conditions, not ego.Do you use a fixed ATR multiple (like 1.5x / 2x), or do you adjust it based on structure as well?