Exness broker launches Standard Cent account in Japan and Singapore following other Asian countries, as the feature is in high demand between clients.
After the successful release in various Asian countries such as Indonesia, China, Taiwan, South Korea, India, and so on, the Standard Cent account option from Exness is now available in Japan and Singapore. The Standard Cent account is suitable for novice traders since it allows them to trade on smaller volumes of 0.01 cent lots (1,000 cents or $10). As it offers a minimum trading volume, this account is ideal for testing strategies.
Standard Cent Account Top Features
If the Standard account serves a minimum of 0.1 lots, then Standard Cent uses a cent lot volume size of 0.1 or 100 times less than the standard 0.01 lot. Assuming that you deposit $5, your account balance will show USC 500 (500 cents) and not $5. Besides minimizing risk due to low volume and improving partnership program, the Standard Cent Exness account also has the following advantages:
- The only account type using cent lots.
- Stable spreads, reliable execution, and no trading commission.
- Orders will be executed with market execution (no requotes).
- Up to 36 currency pairs are available to trade on.
Apart from market orders and positions, there is no difference between Exness Standard and Standard Cent accounts because they both have 60% margin call, 0% stop out, and unlimited maximum leverage. Unfortunately, Standard Cent feature is not yet available on a demo account.