Forex trading is very complicated for beginners. And some research showed that over 90% beginners loss. That why most of forex trading beginners were recommended to start with forex demo account. They also were recommended to practice demo account some months before investing real money. I don’t say this is the wrong advises, but I think this isn’t the best practices. Because some research showed that: the more you win demo account, the more you loss real account. Because brokers want you win demo account. That why they offer better trading conditions for demo account such as: lower spread, lower volatility, better execution and prices,…Most of forex trading beginners will be over confident after they won a lot of money from demo account. They will think that they are very talent to win real account. But they didn’t know that real account is much different from demo account. So, it means after some months practicing demo account, they have to re-start practicing real account again. It takes time, money to restart again. And for some beginners, it takes more time to study real trading account because of first wrong approach.
So, I highly recommend that you should start the right trading approach is starting real trading account at the beginning. And Cent account is the best real trading account for beginners because:
– Cent account is real account. So, trading Cent account means you are trading in real trading conditions: real spread, real prices, real volatility, slippage, … So, if you win Cent account, you can win other real account types.
– Trading Cent account will build your discipline. Because if you don’t follow risk management, you will lost all your fund instantly.
– Cent account is the best account for beginners because you are trading Cent Dollars. You can deposit 10$ and get 1000 USC in your account. For this 1000 USC, you can open hundreds orders to practice trading. This is real account so you can withdraw all your money, profit whenever you want. You may loss all your 10$ deposit. But just 10$, It’s enough for practicing for a month. This low studying cost can help you practice trading in real trading conditions. Moreover, because your are trading your real money, so you trend to study more to improve your trading ability faster.
WHY EXNESS CENT ACCOUNT IS THE BEST FOR FOREX TRADING BEGINNERS?
As usual, Big forex brokers don’t offer Cent accounts. Only small brokers offer Cent account. Of course, I don’t recommend you trade with small brokers. Because as usual, bigger brokers offer better trading conditions and, more reliable. But Exness is different. They are the biggest retail forex broker on the earth offer Cent account. You can check their trading volume here.
Please know that, their report was audited by Deloitte. This is the most famous and independent audit company. So, you can trust these reports.
Of course, beginners aren’t their target audiences. So they limit number of orders. But it’s enough for you to practice 1 – 2 month with the best broker and best trading conditions.
– So, the first reason is: Exness is the biggest retail forex broker. So, they get the best reputation.
– Secondly, Exness Cent account don’t require minimum deposit. You can deposit as low as 1$ or whatever you want. This is important because most of beginners don’t want to deposit to much.
– Thirdly, you can open positions as low as 0.01 Cent or 0.0001$. This is the lowest minimum position value in the market. The lower order value, the better. Because you are beginners. 90% is that you will loss. The purpose of this stage is practicing. So, the low order value, the more orders you can practice. Because of this low minimum order value, you can practice from 1 – 3 months just 10$.
– Fourthly, Exness Cent account offers the highest leverage. The higher leverage, the lower margin. So, you will have more free margin to keep your orders open.
– Fifthly, You can deposit and withdrawal to Cent account by local payment method or bank instantly. It’s very easy and convenient. Because you are beginners, so the easier, the better.
– Finally, Exness will support you by local language that is very important for beginners. Forex trading is very complicated. So, surely that you will have a lot of questions that only local language supporters can help you. Exness support most of countries by local language such as: Chinese, Thai, Vietnamese, Bahasa, Arabic, Fasi, English,… So, it’s very convenient for you if your are speaking these languages.
HOW TO OPEN EXNESS CENT ACCOUNT?
You can open Exness Cent account here
To open Cent account, you just need 1 email and phone number. It’s very easy and just takes you less than one minute to completed registration.
So, I highly recommend that you should start the right trading approach is starting real trading account at the beginning. And Cent account is the best real trading account for beginners because:
– Cent account is real account. So, trading Cent account means you are trading in real trading conditions: real spread, real prices, real volatility, slippage, … So, if you win Cent account, you can win other real account types.
– Trading Cent account will build your discipline. Because if you don’t follow risk management, you will lost all your fund instantly.
– Cent account is the best account for beginners because you are trading Cent Dollars. You can deposit 10$ and get 1000 USC in your account. For this 1000 USC, you can open hundreds orders to practice trading. This is real account so you can withdraw all your money, profit whenever you want. You may loss all your 10$ deposit. But just 10$, It’s enough for practicing for a month. This low studying cost can help you practice trading in real trading conditions. Moreover, because your are trading your real money, so you trend to study more to improve your trading ability faster.
WHY EXNESS CENT ACCOUNT IS THE BEST FOR FOREX TRADING BEGINNERS?
As usual, Big forex brokers don’t offer Cent accounts. Only small brokers offer Cent account. Of course, I don’t recommend you trade with small brokers. Because as usual, bigger brokers offer better trading conditions and, more reliable. But Exness is different. They are the biggest retail forex broker on the earth offer Cent account. You can check their trading volume here.
Please know that, their report was audited by Deloitte. This is the most famous and independent audit company. So, you can trust these reports.
Of course, beginners aren’t their target audiences. So they limit number of orders. But it’s enough for you to practice 1 – 2 month with the best broker and best trading conditions.
– So, the first reason is: Exness is the biggest retail forex broker. So, they get the best reputation.
– Secondly, Exness Cent account don’t require minimum deposit. You can deposit as low as 1$ or whatever you want. This is important because most of beginners don’t want to deposit to much.
– Thirdly, you can open positions as low as 0.01 Cent or 0.0001$. This is the lowest minimum position value in the market. The lower order value, the better. Because you are beginners. 90% is that you will loss. The purpose of this stage is practicing. So, the low order value, the more orders you can practice. Because of this low minimum order value, you can practice from 1 – 3 months just 10$.
– Fourthly, Exness Cent account offers the highest leverage. The higher leverage, the lower margin. So, you will have more free margin to keep your orders open.
– Fifthly, You can deposit and withdrawal to Cent account by local payment method or bank instantly. It’s very easy and convenient. Because you are beginners, so the easier, the better.
– Finally, Exness will support you by local language that is very important for beginners. Forex trading is very complicated. So, surely that you will have a lot of questions that only local language supporters can help you. Exness support most of countries by local language such as: Chinese, Thai, Vietnamese, Bahasa, Arabic, Fasi, English,… So, it’s very convenient for you if your are speaking these languages.
HOW TO OPEN EXNESS CENT ACCOUNT?
You can open Exness Cent account here
To open Cent account, you just need 1 email and phone number. It’s very easy and just takes you less than one minute to completed registration.