A Cent account in forex trading is tailored for beginners to practice with small amounts of money, often denominated in cents, minimizing risk and facilitating learning. Gain experience without large capitals.
Trading Platform: | MetaTrader 5 (MT5) |
Spreads: | From 1.3 pip |
Contract Size: | 1 lot = 1000 units |
Trading Instruments | All Available (Click here to view full list) |
Fifth Decimal: | |
Maximum Leverage: * | 1 : 3000 |
Execution: | Market Execution |
Minimum opening deposit: | $10 |
Minimum trade size: | 0.10 Lot |
Trade size increment: | 0.01 |
Maximum Total Trade Size: | 99 Lots per position |
Maximum Simultaneous Open Orders: | 200 |
Margin Call / Stop out level: | 50% / 20% |
Telephone Trading: | No |
Account Currency: | USD |
Personal Account Manager: | Yes |
Commission | No |
Swap free ** | Yes |
* Leverage may be adjusted base on equity accordingly.
** Swap-Free applies only for specific trading instruments. Terms and Conditions apply.
Daio Market offers access to a wide range of trading instruments including Forex & Metals.
Cent account is for retail traders who are looking for swap free trading with
competitive spreads, low minimum deposit and no commission.
The Cent account is accessible on MT5 as well as on Windows, Apple and Android devices
$10 is the minimum deposit for the Cent account.
There is no swap fee when holding overnight positions. Terms and conditions apply.
Risk Warning
Engaging in the trading of financial instruments involves significant risk and may not be appropriate for all investors. It’s important to thoroughly comprehend the associated risks, as the potential exists to lose your entire invested capital. Historical performance of trading instruments is not a dependable predictor of future results. Kindly review our Damac Risk Disclosure Policy’ for more details.
Legal
This website is operate by Damac Trade with registered address at Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont, Kingstown, St. Vincent & the Grenadines. Damac Trade, authorised and regulated by the Financial Services Commission (FSC) of St. Vincent & the Grenadines.