Cent Account

Trade with Zero Minimum Deposit Requirements
As implied by the title, a Cent Account deals with (yes, you guessed it) cents. Deposit 5 dollars and your account will have a balance of 500 cents, deposit 10 dollars and they will be reflected as 1000 cents. There are no major differences in the structure of traditional accounts and cent accounts; the main element which distinguishes the two is that regardless of how much money you deposit, your balance will always appear in cents.
At PFH Markets the Cent Account is available on MT4 account and for those wishing to test it out first, we've developed a demo version of the account too.

Why Open a Cent Account?

  • With a minimum deposit of only USD 10, our Cent Account provides quick and easy access to the markets and live trading

  • Traders can test their Expert Advisors without spending large sums of money to do so

  • Cent accounts are ideal for newbies - they give a taste of forex trading with real funds and insight to the psychology behind the experience, with a much lower risk

  • The advantages of a Cent Account help create more windows of opportunity in a simpler trading environment

What's the philosophy behind it? The Cent Account has been designed for small depositors and newcomers to the forex industry. It's most suitable for those who wish to trade with a lower deposit and grants access to the markets to all those who want to trade but cannot risk losing too much. Furthermore, it acts as a smooth shift from demo accounts to real accounts as it gives traders the chance to become familiar with using a forex account before trading with large sums of money.

Notes:

  • Spreads are floating and they may increase during specific periods of the day depending on the market conditions.

  • Please bear in mind that the Company may at its sole discretion switch the leverage to a maximum of up to 1:1000 for all forex currency pairs and spot metals within the hour before the trading session ends on every Friday if any positions are opened, closed or modified on an MT4 account. However, before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account. Moreover, kindly note that the Company may extend these amendments for as long as it deems necessary after the market opening, by providing the Client with prior written notice.

  • On Cent server 1 Lot size is 0.01 Standard Lots or 1,000 units. The maximum volume per trade on our Cent server is 100 Cent lots which is equal to 1 Standard lot or 100,000 units.

  • Cent Accounts offer a fixed leverage which is based on your experience and knowledge and can be changed within your Traders Cabinet.