Cent account: live trading in US cents
Your balance and trade sizes are shown in US cents (USC), so a $100 deposit appears as 10,000 USC. Trades are live. It is real money, so losses are real, just smaller.
CFDs use leverage. You can lose money quickly, and you can lose all of the money you deposit. Only trade with money you can afford to lose.
How a cent balance works
A demo can't show you how it feels to lose real money, and a full-size live account can make that lesson expensive. On Cent you trade real money in small amounts.
Your balance shows in cents: $10 appears as 1,000 USC and $100 as 10,000 USC. Spreads start at 1.2 pips, as on Standard, and there is no commission. Positions held overnight pay or earn swap.
Maximum leverage on Cent is 1:1000; on our other accounts it is 1:500. Higher leverage means a smaller move against you uses up your margin. At 1:1000, $10 of margin holds a $10,000 position. A 0.1% move against you loses $10, which is all of that margin.
Cent has two common uses: as the step from demo to a live account, and to test a strategy or Expert Advisor on a live account before running it with larger amounts.
Who the Cent account suits
What the Cent account includes
- Balance and trades in US cents
- Spreads from 1.2 pips
- No commission
- Leverage up to 1:1000
- MT5 on desktop, web and mobile
How the Cent account compares with our others
Cent is priced like Standard, with no commission and spreads from 1.2 pips. Your balance and trade sizes are in US cents, and maximum leverage is 1:1000.
Questions about the Cent account
What is a Cent account?+
A live account where your balance and trade sizes are shown in US cents (USC) instead of dollars. A $100 deposit shows as 10,000 USC in MT5. You trade with your own money, so a loss is a real loss, in smaller amounts than on Standard.
How is a Cent account different from a demo account?+
A demo uses virtual money. A Cent account uses your own money, so profits and losses are real. Spreads, swap and price moves around news are those of a live account. You can use Cent as the step between a demo and a larger live account.
What is the minimum deposit for the Cent account?+
$100, which shows as 10,000 USC in MT5.
What does 1:1000 leverage mean on Cent?+
$1 of margin can hold a position worth $1,000. At that ratio, $10 of margin holds a $10,000 position, and a 0.1% move against you loses all $10. Using less than the maximum leverage leaves more room before your margin runs out.
Can I move from Cent to Standard or Pro later?+
Yes. You can open more accounts under the same client profile at any time. Your Cent account stays open if you fund a larger account, so you can keep using it for testing.
Are all instruments available on the Cent account?+
MT5's Market Watch shows every instrument you can trade on your Cent account.
Opening an account
Registering takes a few minutes. You can deposit once your identity is verified.
CFDs use leverage. You can lose money quickly, and you can lose all of the money you deposit. Only trade with money you can afford to lose.