Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Page 1 of 2 1 2 LastLast
    Results 1 to 10 of 13

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

    1. #1 Collapse post
      PALM is offline
      Senior Member PALM's Avatar
      Join Date
      Jul 2018
      Posts
      500
      Thanks
      0
      Thanked 26 Times in 18 Posts
      SubscribeSubscribe
      0

      which one is better, standard or cent account?

      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.

      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.


    2. #2 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 175 Times in 148 Posts
      SubscribeSubscribe
      2
      Both accounts are the same. However, if you are a newbie, then I would recommend you to choose a cent 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.


    3. #3 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 26 Times in 21 Posts
      SubscribeSubscribe
      0
      The standard and the cent accounts are both good. It all depends on the level you are as a trader and also the capital you are having. If you are advanced in your trading career operating a standard account will not be a bad idea because by then you would have weathered all the difficulties of trading. In the same being a rookie's best friend should be a cent account because that's where to learn. If also you have little capital starting with a cent account is not bad in as much as it is better than a demo 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.


    4. #4 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Open a standard account if you know how to manage your trading account well. Cent account is good for the starter.

      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.


    5. #5 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      Open a standard account if you know how to manage your trading account well. Cent account is good for the starter.
      The standard account is one of the most common trading accounts, which gives you access to standard lots of currency. Usually, each worth $100,000 with leverage of 100:1. A trader needs only USD 1000 for the margin 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.


    6. #6 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 175 Times in 148 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      Open a standard account if you know how to manage your trading account well. Cent account is good for the starter.
      A standard account is also good for a newbie. The earning usually rely on how a trader reacts to the analysis.

      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.


    7. #7 Collapse post
      syvellevy is offline
      Senior Member syvellevy's Avatar
      Join Date
      Feb 2021
      Posts
      201
      Thanks
      0
      Thanked 31 Times in 27 Posts
      SubscribeSubscribe
      0
      The maximum transaction size for the Standard Cent account is 200 cent lots while the limit on Standard accounts is 20 lots from 21:00 - 6:59 and 200 lots from 7:00 - 20:59. This makes Standard Cent more recommended for newer and learning traders, while Standard is the next step up from that experience level

      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.


    8. #8 Collapse post
      vitadlmundo is offline
      Senior Member vitadlmundo's Avatar
      Join Date
      Feb 2021
      Posts
      246
      Thanks
      0
      Thanked 35 Times in 32 Posts
      SubscribeSubscribe
      0
      The maximum transaction size for the Standard Cent account is 200 cent lots while the limit on Standard accounts is 20 lots from 21:00 - 6:59 and 200 lots from 7:00 - 20:59. This makes Standard Cent more recommended for newer and learning traders, while Standard is the next step up from that experience level.

      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.


    9. #9 Collapse post
      tyntynfx is offline
      Senior Member tyntynfx's Avatar
      Join Date
      Feb 2021
      Posts
      186
      Thanks
      0
      Thanked 32 Times in 28 Posts
      SubscribeSubscribe
      0
      Cent account is a kind of a transitional stage between demo and dollar accounts being a first step into a real trading, an opportunity to decrease the minimum available position size to 0.0001 of a standard lot. There is no minimum or maximum deposit and no other specific requirements to open a cent 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.


    10. #10 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by tyntynfx View Post
      Cent account is a kind of a transitional stage between demo and dollar accounts being a first step into a real trading, an opportunity to decrease the minimum available position size to 0.0001 of a standard lot. There is no minimum or maximum deposit and no other specific requirements to open a cent account.
      Cent account is good when you are just starting your trading activities.

      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.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •