The broker EXNess, a regulated online broker from Europe, currently offers a Cent account type to all its clients that allows trading in the markets offered by this company with reduced lot sizes and a deposit of only $10. This Cent account allows traders to operate and evaluate their trading strategies using real money under actual market conditions, but with a reduced risk level since they are operating with very low lots that, in the case of losing trades, cause minimal losses.
Therefore, it is a good option for clients who want to test the broker’s services with a real account instead of a demo account, but without risking much money in the process. Below, we will discuss EXNess Cent accounts, their main features, and the trading conditions they offer to traders.
What are Cent accounts?
Cent accounts are real trading accounts offered by some brokers that allow trading with reduced lot sizes, even smaller than micro lots (0.01 lots). This means they allow conducting operations with real money, but with a much lower risk level than traditional Standard accounts offer. In this sense, they are more suitable than demo accounts, since for many traders at a psychological level, it is usually very different to trade with a demo account using virtual money versus trading with real money in a live account. Cent accounts offer the possibility to trade precisely with real money, but with amounts so low that they do not represent a significant risk for the trader.
Thanks to this, they are a good option for beginner traders who are starting their career and are learning to trade in the markets successfully.
Now we will explain what are the features and conditions of Exness Cent accounts.
You can obtain more information about the EXNess broker and its online brokerage services in the following guide: EXNess Review
Standard Cent Account – Main Features
Currently EXNess offers several types of trading accounts, among which we have the Standard Cent Account, an account designed specifically for beginner traders who are learning to operate in the markets. As we already indicated, it offers the possibility to open positions in the market with lot sizes even smaller than 0.01 lots, in such a way that the potential loss – and gain – is minimal, even when the price moves strongly against the position.
Therefore, the Standard Cent account is not designed for trading with large volumes and is not for professional traders, but it is possible to obtain consistent profits if the trader uses a profitable trading strategy with sensible risk management practices.
Below are the main features of this account along with its main trading conditions:
As we can see, in Cent accounts we can trade with currency pairs (Forex), spot precious metals like gold and silver, and the main cryptocurrencies like BTC and ETH. This means that in these accounts we cannot trade with stock CFDs, index CFDs, or commodity CFDs as in the other types of EXNess accounts.
Regarding the trading conditions for this account, they are shown in the following table:
| Account Type | Standard Cent (USD) |
| Minimum Deposit | $10 |
| Commissions | No commissions |
| Spreads | From 0.3 pips |
| Maximum leverage | 1:1000 |
| Trading instruments | Forex, precious metals and cryptocurrencies |
| Minimum trade size | 0.001 lots |
| Maximum trade size | 200 |
| Maximum number of positions | 10000 |
| Margen cubierto (hedged) | 0% |
| Margin Call | 60% |
| Stop out | 0% |
| Trade execution type | Market execution |
| No swaps account | Available |
How can we open an EXNess Standard Cent Account?
Trading with a Cent account at this broker is quite simple. The process of opening this type of account is quick and takes a few minutes. To open a Standard Cent account, the procedure is as follows:
- The first step for the trader is to register with EXNess. The registration process takes a few minutes and only requires completing a simple form on the website.
- The second step is to verify the account. Because EXNess is a regulated broker, the trader must verify their identity and current place of residence by sending the required documents.
- The third step is to access the EXNess User Area (myEXNess) and open a Standard Cent account on the platform, a process that requires a few clicks. This process also takes a few minutes.
- The fourth step is to deposit funds into the Cent account. To start trading, the trader has to deposit funds into the Cent account. The minimum deposit required by EXNess to start trading with this account is $10.
- The fifth and final step is to download the broker’s platforms.
Are you interested in obtaining more information and opening an EXNess Standard Cent account at no cost? If so, you can access the EXNess website through the following link:
