Demo Account Guide
Demo Account Guide
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Cent Vs Micro Account


Touran

Jun 22 2019 10:36

Is it the same between cent and micro account? for beginner, which one better? 


Daniel Robson

Jun 23 2019 10:05

Hi Touran,
based on my view, I think they are different. It is being distinguished by the lot that used. On the cent account, it allows the trader to open position using 0.01 lot. But mini account trader is just allowed open up to 0.1 lot. 


Antonio Yepes

Jun 24 2019 02:47

Before I want to invest 50$ or 100$ in forex I wanna try it out at 5$-10$. Which broker do you guys recommend? And don’t worry I will demo trade. I know of XM and Oanda but I don’t know if they are legit or scams. Any help is appreciated and I live in Europe.


Daniel Robson

Jun 25 2019 05:27

Hi @Antonio Yepes, you can go on this page.

It’s full of great info on forex brokers with a small minimum deposit.


Gabriel Carballo

Jun 27 2019 08:06

@Antonio Yepes, Try opening an account at OctaFX. They have a Micro account for MT4, Mini for MT5, and ECN for cTrader. All of the accounts can be opened as a demo. You can choose the amount you want to deposit into the demo account. You can even reload the demo account as much as you like without having to open another account, just like a real account. I’ve tried it on the Micro account.