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Thread: which one is better, standard or cent account?

  1. #11 Collapse post
    Junior Member alkeanAnidem's Avatar
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    Quote Originally Posted by PALM View Post
    Trading with a broker give you the right to chose between a lot of accounts types, like standard account and cent account.

    Standard account: is the most famous trading account with all trading instruments starting from forex pairs, stocks, indices to crypto.
    One Standard lot = 100,000 unites, 10$ per pip.

    Cent account: is one of the best learning accounts, because it allows you to trade with less capital in order to see the market real conditions, you can open a cent account with 1$ (100 cent) or more. And it contains 80% of trading instruments or 100% in some brokers.

    Which one is the best? Standard or cent account?

    Determining the best type of trading account depending on your needs, because if you need a normal trading account as a professional you can chose standard account, but if you need a learning account to learn how to trade and how to control your emotions, then the cent account is the right choice for you.
    You can adjust yourself to the real market where both your profits and your losses are as real as they can get.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member Mr. Cid's Avatar
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    Quote Originally Posted by AbdulShiek View Post
    Cent account is good when you are just starting your trading activities.
    All types of trading accounts are profitable. What matters is how we manage our trading account.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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