HF Markets adds Cent Account option for beginners that are looking to enter the real market for the first time.
The world leader in online trading, HF Markets, introduces how to invest in global markets through their new account type, the Cent Account. The HFM Cent Account is a type of trading account that allows clients to trade with cent lots. Cent lot is equal to 0.01 Standard lot or 1000 units.
With margin requirements as low as 10 US cents making it a friendly choice for novice traders looking to switch from a Demo account to real trading.
The Cent account is the best choice, as it can be used as a platform to test trading skills and learn real market dynamics using very few funds. Experienced traders can also take advantage of the Cent account to test new instruments and trading strategies without fear of losing a lot of money.
Cent Account Details
Below is a full description of the HF Markets Cent Account:
- Trading Platform: MetaTrader 4
- Spreads: From 1 pip
- Trading Instruments Forex, Gold
- Fifth Decimal: yes
- Maximum Leverage: 1:1000
- Execution: Market Execution
- Minimum opening deposit: $5
- Minimum trade size: 0.1 Lot
- Trade size increment: 0.01
- Maximum Total Trade Size: 200 Cent lots
- Maximum Simultaneous Open Orders: 150
- Margin Call / Stop out level: 50% / 20%
- Telephone Trading: yes
- Account Currency: USD, JPY
- Personal Account Manager: yes
- Commission: No
- Raw bonus: No
See Also: HF Markets Review
By using HF Markets Cent Account, you can enjoy a lot of advantages, including:
- Flexibility to trade with cent lots.
- Leverage up to 1:1000 and zero commission.
- The beginner-friendly transition from a demo account to a live trading account.
- Improve your trading skills on a fully featured live trading account.
- Ability to develop your trading strategies and test expert advisors with minimal investment.