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This is a complete listing of The 10 Best Forex Brokers with Cent Accounts. In this in-depth write-up you will learn:
and much, MUCH more!
 Broker |  Cent / Micro Account |  Min. Deposit |  Suited to Beginners |  Open an Account |
 FXTM |  Micro | $10 USD | Yes |  Click Here |
 FBS |  Cent | $1 USD | Yes | Click Here |
 InstaForex | Cent | $1 USD | Yes | Click Here |
 Exness | Cent | $10 USD | Yes | Click Here |
 HFM | Micro | $5 USD | Yes | Click Here |
 JustMarkets | Cent | $1 USD | Yes | Click Here |
| RoboForex | Cent | $10 USD | Yes | Click Here |
| XM | Micro | $5 USD | Yes | Click Here |
FXTM allows users to trade Forex, CFDs, and stocks with an established global broker. FXTM makes its services available to over 4 million traders in over 150 countries across the globe.
| Broker | FXTM |
| Min Deposit | $10 USD |
 Demo Account | Yes |
 Inactivity Fee | Yes |
 Withdrawal Fee | Yes |
| Open an Account | Click Here |
Each FXTM live trading account has its own specific trading terms and conditions. Each FXTM live trading account is specifically tailored to suit different types of traders depending on their individual needs.
| Broker | FXTM |
| Account | Cent |
| Min. Deposit | $10 USD |
 Trading Platforms | MetaTrader4 |
 Commission | None |
 Spread from | 1.5 Pips |
 Margin Calls | 60% |
 Stop Out | 40% |
 Swap Free | Yes |
| Open an Account | Click Here |
| Pros |  Cons |
| Excellent Customer Service | High CFD fees |
| Great Educational Tools | Inactivity Fee |
| Fast Account Opening | Withdrawal Fee |
FBS takes pride in its reputation as a transparent and reliable broker. FBS offers its services to 17 Million traders in 150+ countries across the globe. FBS is regulated by IFSC and CySEC plus offers 24/7 support to all customers.
| Broker | FBS |
| Minimum Deposit | $1 USD |
 Regulation | FSCA, CySEC |
 Welcome Bonus | Yes |
| Islamic Account | Yes |
| Demo Account | Yes |
 Max Leverage | 1:3000 |
| Spreads from | 0 Pips |
| Spread Type | Fixed, Floating |
| Copy Trading | Yes |
 Inactivity Fee | None |
| Trading Platforms | MT4, MT5 |
 Trading Instruments | 100+ |
| Open an Account | Click Here |
FBS does make a cent account available with a required minimum deposit of $1 USD. The FBS Cent account comes with Zero Commission and leverage of up to 1:1000.
| Broker | FXTM |
| Account | Cent |
| Min. Deposit | $10 USD |
| Trading Platforms | MetaTrader4 |
| Commission | None |
| Spread from | 1.5 Pips |
| Margin Calls | 60% |
| Stop Out | 40% |
| Swap Free | Yes |
| Open an Account | Click Here |
| Pros |  Cons |
| Negative Balance Protection | Limited Tradable assets |
| Excellent Regulation | Limited Trading Platforms |
InstaForex has been operating in the forex industry for over 14+ years. InstaForex offers its clients access to over 300 instruments and leverage of up to 1:1000. InstaForex requires no minimum deposit to be made and accounts are made available in three base currensies – USD, EUR and RUB.
| Broker | InstaForex |
| Minimum Deposit | $1 USD |
| Bonus Offers | Yes |
| Spreads from | 0 Pips |
| Leverage up to | 1:1000 |
| Platforms | MT4 / MT5 |
| Open an Account | Click Here |
| Account | Cent.Standard | Cent.Eurica |
| Minimum Deposit | $1 USD | $1 USD |
| Maximum Deposit | $1000 USD | $1000 USD |
| Spreads | 3 – 7 Pips | 0 Pips |
| Fee | No | Yes |
 Order Execution | Instant | Instant |
| Open an Account | Click Here | Click Here |
| Pros | Cons |
| Low minimum deposit | Regulation in the offshore jurisdiction |
| A wide selection of trading platforms | High commissions |
| Strong educational program | Low diversity of available markets |
| Wide selection of currency pairs | Mediocre Customer Support |
Exness is a well-established forex and CFD broker that offers access to trading in currencies, crypto, stocks, indices, metals, and commodities.
| Broker | Exness |
| Regulation | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA |
| Trading Desk | MetaTrader4, MetaTrader 5 |
| Sign Up Bonus | Standard +10% |
 Min. Deposit from | $10 USD |
| Spreads from | 0.1 Pips |
| Max Leverage | 1:2000 |
| Commission | Yes |
| Inactivity Fee | No |
| Open an Account | Click Here |
Exness provides 2 different live trading accounts, Standard and Standard Cent. A minimum deposit amount of $10 USD is required to open an Exness Standard Cent Account.
| Account | Standard Cent |
| Spread from | 0.3 Pips |
| Commission | None |
| Instruments | Forex / Metals |
 Min. Lot Size | 0.01 |
| Swap-Free | Available |
| Open an Account | Click Here |
 Pros | Cons |
| Secure login offered | HIgh Minimum Deposit |
| 1:500 leverage available | Off shore broker |
| Competitive spreads | |
| Copy trading functionality | |
| MT4 & MT5 trading platforms | |
| True STP pricing |
HFM is a widely popular forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients.
| Brokers Name | HFM Ltd |
 Regulation | CySEC, FCA, FSCA |
| Minimum deposit | $0 |
| Maximum Leverage | 1:2000 |
 Asset Types | Forex, Metals, etc. |
| Trading platforms | Web, MT4, MT5 |
| 0.01 – 500 |
| Demo | Yes |
| Open an Account | Click Here |
| Broker | HFM |
| Account | Micro |
| Spreads from | 1 Pip |
| Trading Instruments | All Available |
| Max Leverage | 1:1000 |
| Minimum Deposit | $5 USD |
| Account Currency | USD/ZAR |
| Open an Account | Click Here |
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Regulated by CySEC | Not FCA Regulated |
JustMarkets is an international service provider that offers high-quality services and trading conditions. Unique analytical materials and a large selection of payment methods, financial instruments, and tight spreads are also on offer
| Broker | Exness |
| Regulation | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA |
| Trading Desk | MetaTrader4, MetaTrader 5 |
| Sign Up Bonus | Standard +10% |
| Min. Deposit from | $10 USD |
| Spreads from | 0.1 Pips |
| Max Leverage | 1:2000 |
| Commission | Yes |
| Inactivity Fee | No |
| Open an Account | Click Here |
Exness provides 2 different live trading accounts, Standard and Standard Cent. A minimum deposit amount of $10 USD is required to open an Exness Standard Cent Account.
| Account | Standard Cent |
| Spread from | 0.3 Pips |
| Commission | None |
| Instruments | Forex / Metals |
| Min. Lot Size | 0.01 |
| Swap-Free | Available |
| Open an Account | Click Here |
| Pros | Cons |
| Secure login offered | HIgh Minimum Deposit |
| 1:500 leverage available | Off shore broker |
| Competitive spreads | |
| Copy trading functionality | |
| MT4 & MT5 trading platforms | |
| True STP pricing |
RoboForex is a trusted online broker regulated by the FSC. RoboForex offers a wide selection of trading platforms, including MT4 and MT5.
| Broker | Roboforex |
| Regulating Authorities | IFSC |
 Countries not accepted | US, Canada, Australia, and Japan |
| Islamic account | Yes |
 Demo Account | Yes |
| Maximum Leverage | 1:2000 |
| Minimum Deposit | $10 USD |
| Platform Types | MT4, MT5 |
| Open an Account | Click Here |
RoboForex does provide a Cent account with a minimum deposit required of $10 USD. RoboForex Cent Accounts use 100x denominated monetary units of the base currency, however – the trading conditions are equal to those for standard accounts.
| Broker | RoboForex |
| Account | Cent |
| Minimum Deposit | $10 USD |
| Bonus | Yes |
| Swap Free | Yes |
| One Click Trading | Yes |
| Open an Account | Click Here |
| Pros | Cons |
| Fast order execution | No fixed spread accounts |
| 8 asset classes | Don’t accept clients from US, Canada, Australia or Japan |
XM Group is a MetaTrader-only broker that is available globally with some of the lowest fees in the industry. XM offers 25+ secure payment methods, Negative Balance Protection and is trusted by over 5,000,000 clients in over 190 countries from across the globe.
| Broker | XM |
| Min. Deposit | $5 |
 Regulation | FSC / DFSA / CySEC / ASIC |
| Leverage | Up to 1:1000 |
 Trading Fee Class | No |
| Inactivity Fee | $5 |
| Withdrawal Fee | No |
| Demo Account | Yes |
| Open an Account | Click Here |
XM makes 4 live trading accounts available including a Micro Account with a low minimum deposit of $5 USD.
| Account | Micro |
| Minimum Deposit | $5 USD |
| Leverage | 1:1000 |
| Negative Balance Protection | Yes |
| Spreads from | 1 Pip |
| Commission | None |
 Hedging | Yes |
| Islamic Account | Optional |
| Open an Account | Click Here |
| Pros | Cons |
| Low stock CFD withdrawal fees | Limited product portfolio |
| Fast account opening | Average forex fees |
| Great educational tools | No investor protection for non-EU clients |
Which Cent or Micro Account Broker from this list do you intend to test out?
What was the determining factor in your decision to engage with a certain broker?
Was it because of the Cent Account option or the Pros and Cons?
You might also like: XM Review
You might also like: Exness Review
You might also like: FXTM Review
You might also like: InstaForex Review
You might also like: HFM Review
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.
Traders need to ensure that they understand their risk exposure and they need to determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
According to research, XM is the most popular Cent Account forex broker.
Forex brokers with cent accounts are brokers who offers a type of trading account that allow traders to trade in smaller volumes than traditional forex trading accounts. These accounts are designed to help beginner traders practice their trading strategies and get a feel for the market without risking large sums of money.
Forex broker cent accounts work by allowing traders to trade in smaller lots sizes, usually 100 times smaller than standard lots. For example, while a standard lot size is 100,000 units of a currency pair, a cent lot size is 1,000 units of the same currency pair. This means that traders can open positions with a smaller initial deposit, which can be beneficial for those who are just starting out.
One of the main advantages of trading with a forex broker cent account is that it allow traders to practice their trading skills with smaller amounts of money. This can be especially helpful for beginners who are not yet confident in their trading strategies. Additionally, these accounts often come with lower spreads and commissions than standard accounts, making them a more cost-effective option for small-scale traders.
While forex broker cent accounts can be useful for beginners, there are also risks involved. Trading in smaller lot sizes means that traders are exposed to smaller price movements, which can limit potential profits. Additionally, traders may become overconfident in their abilities and risk more money than they can afford to lose. Therefore, it is important to use proper risk management techniques and to be aware of the potential risks involved when trading with forex broker cent accounts.
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