which one is better, standard or cent account?

[PALM]

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.

[Mr. Cid]

Both accounts are the same. However, if you are a newbie, then I would recommend you to choose a cent account.

[Alexthedefender04]

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.

[AbdulShiek]

Open a standard account if you know how to manage your trading account well. Cent account is good for the starter.

[Newbie_trader]

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.

[Mr. Cid]

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.

[syvellevy]

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

[vitadlmundo]

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.

[tyntynfx]

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.

[AbdulShiek]

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.