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

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      Alexthedefender04 is offline
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      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.


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      Mr. Cid is offline
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      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.


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      PALM is offline
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      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.


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