Forex Brokers with Cent Accounts

Here, you will find those FX brokers that offer cent accounts to traders. In 99% of cases, such brokers provide MetaTrader 4 or MetaTrader 5 platform and use the accounts denominated in USD or EUR cents to circumvent the trading platform's natural limit on order volume. MT4/MT5 does not allow a trade size less than 0.01 standard lot, which means that traders have to utilize the volumes of 1,000 units or more. Switching the account's currency from the US dollars (or euros) to cents, brokerage companies effectively decrease the minimum volume by a factor of one hundred — to 10 units. In other words, cent accounts offer an opportunity to trade with nano-lots and smaller position size via MetaTrader software. Of course, if you want to go below 10-unit volumes, you will have to consider non-MetaTrader micro-lot brokers. You will find 19 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
FXTM $5 8.8 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY GB NG
  • Regulation
    • CySEC, 185/12
    • FCA (UK), 600475
    • FSB (South Africa), 46614
    • IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.
EXNESS $1 7.3 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • Mobile Trading Platform
    • Web Trading
  • Countries
    CY VC
  • Regulation
    • CySEC, 178/12
    • FCA (UK), 730729
    • IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
RoboForex $1 4.8 0.01 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
  • Countries
    CN EG GB HK ID LT LV MD MY NZ RO RU TH TW
  • Regulation
    • CySEC, 191/13
    • FSCL (New Zealand), 4148
    • FSP (New Zealand), 246525
    • IFSC (Belize), IFSC/60/271/TS/14
Forex4you $50 4.7 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MT4 Web Trader (XOGEE)
    • MT4 Mobile (XOGEE)
  • Countries
    IN MY TH VG
  • Regulation
    • FSC (BVI), SIBA/L/12/1027
    • Luxembourg Ministry of Finance, 64202
LiteForex $10 5.4 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    BG ID IN MY PK RU TH
  • Regulation
AGEA $1 5.5 0.00001 1:500
Binary.com $10 - 0.01 1:1000
FIBOGroup $1 4.6 0.01 1:1000
FXCL $1 7.8 0.01 1:500
USGFX $100 - 0.01 1:500
TenkoFX $10 7.0 0.01 1:500
NewForex $1 8.8 0.01 1:1000
NAS Broker $50 - 0.01 1:1000
ForexChief $1 8.7 0.01 1:400
TradeWiseFX $25 - 0.01 1:500
Formax $1,000 - 0.01 1:200
FBS $1 - 0.01 1:3000
Fort Financial Services $5 7.0 0.01 1:1000
PaxForex $10 9.3 0.01 1:500

Advantages of using the cent accounts are pretty obvious but here is the list of reasons to open such an account:

  • You plan to deposit only a small amount to test the broker's work.
  • You need a high level of accuracy when setting position size — especially important when trading with a large number of relatively small trades.
  • You want to be able to open tiny positions and still use the power of MetaTrader platform.
  • You want to test an expert advisor in a real account without changing its money management rules and without risking serious money.