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  1. Home
  2. Forex Brokers
  3. Brokers with Cent Accounts
How we make money

10 Best Cent Account Forex Brokers 2026

Last updated Jan 30, 2026
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor
Nikolay Zavarov
Author
Andrey Bondarenko
Editor

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 Forex brokers with cent accounts based on our analysis:

  1. 1
    XM Logo
    XM - Best Forex cent account - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
  2. 2
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  3. 3
    Exness Logo
    Exness - Wide selection of trading accounts. Instant fund withdrawal. Variety of trading platforms.
  4. 4
    HF Markets Logo
    HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
  5. 5
    IFC Markets Logo
    IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels.
  6. 6
    InstaForex Logo
    InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support.
  7. 7
    FreshForex Logo
    FreshForex - Extensive experience (since 2004). Minimum deposit from $25. Wide selection of currencies and cryptocurrencies for accounts.
  8. 8
    FIBO Group Logo
    FIBO Group - A wide selection of trading and investment accounts. Low spreads, which facilitates more profitable trading. A wide range of payment methods.
  9. 9
    LiteFinance Logo
    LiteFinance - A variety of analytical tools. Extensive educational materials. 24/5 technical support.
  10. 10
    xChief Logo
    xChief - A wide range of trading instruments. Availability of cent and PAMM accounts. Tight spreads and low commission per transaction.

Cent accounts are a popular option for starting Forex trading without significant financial risk. Unlike a demo account, a cent account offers the full spectrum of genuine Forex trading experiences.

These brokers can help you embark on your journey in trading in the financial market.

Forex Brokers Cents Account List for 2026

XM Logo
1
Cent AccountMicro
Minimum Deposit
$5
4.7/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
XM Logo
4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMicro
Minimum Deposit
$5
Roboforex Logo
2
Cent AccountPro-Cent
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountPro-Cent
Minimum Deposit
$10
Exness Logo
3
Cent AccountStandard Cent
Minimum Deposit
$10
4.3/5
Read Exness reviewExness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
Exness Logo
4.3/5
Exness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountStandard Cent
Minimum Deposit
$10
HF Markets Logo
4
Cent AccountCent
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountCent
Minimum Deposit
$1
IFC Markets Logo
5
Cent AccountMT5 Micro Floating
Minimum Deposit
$1
4.3/5
Read IFC Markets reviewIFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
IFC Markets Logo
4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMT5 Micro Floating
Minimum Deposit
$1
InstaForex Logo
6
Cent AccountCent.Standard
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
6
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Cent AccountCent.Standard
Minimum Deposit
$1
FreshForex Logo
7
Cent AccountClassic.Cent
Minimum Deposit
$25
4.1/5
Read FreshForex reviewFreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
FreshForex Logo
4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountClassic.Cent
Minimum Deposit
$25
FIBO Group Logo
8
Cent AccountMT4 Cent
Minimum Deposit
$1
4.1/5
Read FIBO Group reviewFIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
FIBO Group Logo
4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMT4 Cent
Minimum Deposit
$1
LiteFinance Logo
9
Cent AccountCENT
Minimum Deposit
$10
4.1/5
Read LiteFinance reviewLiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
9
LiteFinance Logo
4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Cent AccountCENT
Minimum Deposit
$10
xChief Logo
10
Cent AccountCENT
Minimum Deposit
$1
4.1/5
Read xChief reviewxChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
xChief Logo
4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountCENT
Minimum Deposit
$1
XM Logo
1
Cent AccountMicro
Minimum Deposit
$5
4.7/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
XM Logo
4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMicro
Minimum Deposit
$5
Roboforex Logo
2
Cent AccountPro-Cent
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountPro-Cent
Minimum Deposit
$10
Exness Logo
3
Cent AccountStandard Cent
Minimum Deposit
$10
4.3/5
Read Exness reviewExness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
Exness Logo
4.3/5
Exness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountStandard Cent
Minimum Deposit
$10
HF Markets Logo
4
Cent AccountCent
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountCent
Minimum Deposit
$1
IFC Markets Logo
5
Cent AccountMT5 Micro Floating
Minimum Deposit
$1
4.3/5
Read IFC Markets reviewIFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
IFC Markets Logo
4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMT5 Micro Floating
Minimum Deposit
$1
InstaForex Logo
6
Cent AccountCent.Standard
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
6
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Cent AccountCent.Standard
Minimum Deposit
$1
FreshForex Logo
7
Cent AccountClassic.Cent
Minimum Deposit
$25
4.1/5
Read FreshForex reviewFreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
FreshForex Logo
4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountClassic.Cent
Minimum Deposit
$25
FIBO Group Logo
8
Cent AccountMT4 Cent
Minimum Deposit
$1
4.1/5
Read FIBO Group reviewFIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
FIBO Group Logo
4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountMT4 Cent
Minimum Deposit
$1
LiteFinance Logo
9
Cent AccountCENT
Minimum Deposit
$10
4.1/5
Read LiteFinance reviewLiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
9
LiteFinance Logo
4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Cent AccountCENT
Minimum Deposit
$10
xChief Logo
10
Cent AccountCENT
Minimum Deposit
$1
4.1/5
Read xChief reviewxChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
xChief Logo
4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Cent AccountCENT
Minimum Deposit
$1

1. XM

XM Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks Precious Metals Energy Carriers Soft Commodities Cryptocurrency
Trading Platforms
MetaTrader 5 MetaTrader 4 WebTrader
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XM review
1
About XM
Founded in 2009
Countries of registration:
bz Flag
cy Flag
au Flag
za Flag
ae Flag
mu Flag
sc Flag
Regulators:
BFSCCySECASICFSCADFSAFSCSFSA
XM Logo
1
★4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
cy Flag
au Flag
za Flag
ae Flag
mu Flag
sc Flag
Regulators:
BFSCCySECASICFSCADFSAFSCSFSA
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4WebTrader
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inactivity fee.
  2. Standard account has a higher spread than the market average.

2. RoboForex

Roboforex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks ETF Precious Metals Energy Carriers Soft Commodities Futures
Trading Platforms
MetaTrader 5 MetaTrader 4 R WebTrader R MobileTrader R StocksTrader
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Roboforex review
2
About Roboforex
Founded in 2009
Countries of registration:
bz Flag
Regulators:
BFSC
Roboforex Logo
2
★4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
Regulators:
BFSC
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

3. Exness

Exness Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Exness review
3
About Exness
Founded in 2008
Countries of registration:
uk Flag
sc Flag
za Flag
mu Flag
vg Flag
cy Flag
cw Flag
ke Flag
Regulators:
FCASFSAFSCAFSCBVIFSCCySECCBCSCMA
Exness Logo
3
★4.3/5
Exness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
uk Flag
sc Flag
za Flag
mu Flag
vg Flag
cy Flag
cw Flag
ke Flag
Regulators:
FCASFSAFSCAFSCBVIFSCCySECCBCSCMA
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
compare Exness trading accounts

Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.

Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.

Pros and Cons of Exness

Pros

  1. Wide selection of trading accounts.
  2. Instant fund withdrawal.
  3. Variety of trading platforms.
  4. A variety of analytical tools.

Cons

  1. Limited selection of educational materials.
  2. Average selection of markets and products.
  3. Deposit fees.

4. HF Markets

HF Markets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks Indices Bonds ETF Cryptocurrency Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5 WebTrader
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead HF Markets review
4
About HF Markets
Founded in 2009
Countries of registration:
vc Flag
za Flag
sc Flag
cy Flag
uk Flag
ae Flag
ke Flag
Regulators:
SVGFSAFSCASFSAFCADFSACMA
HF Markets Logo
4
★4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
za Flag
sc Flag
cy Flag
uk Flag
ae Flag
ke Flag
Regulators:
SVGFSAFSCASFSAFCADFSACMA
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

5. IFC Markets

IFC Markets Logo
Spread fromEURUSD0.4pips
Trading Assets
Forex Stocks ETF Indices Cryptocurrency Precious Metals Energy Carriers Soft Commodities
Trading Platforms
NetTradeX MetaTrader 4 MetaTrader 5
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead IFC Markets review
5
About IFC Markets
Founded in 2005
Countries of registration:
vg Flag
my Flag
Regulators:
BVIFSCLFSA
IFC Markets Logo
5
★4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vg Flag
my Flag
Regulators:
BVIFSCLFSA
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
NetTradeXMetaTrader 4MetaTrader 5
compare IFC Markets trading accounts

IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.

IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.

Pros and Cons of IFC Markets

Pros

  1. A wide range of trading assets.
  2. Variety of trading platforms.
  3. Educational materials for traders of all experience levels.
  4. Tools for creating synthetic tools are available.

Cons

  1. High swaps.

6. InstaForex

InstaForex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 5 MetaTrader 4 InstaForex Webtrader
★4.2/5
Register71.99% of retail investors lose money when trading CFDs with this brokerRead InstaForex review
6
About InstaForex
Founded in 2007
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
InstaForex Logo
6
★4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
compare InstaForex trading accounts

InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex

Pros

  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.

Cons

  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

7. FreshForex

FreshForex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks ETF Indices Cryptocurrency Precious Metals Energy Carriers
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FreshForex review
7
About FreshForex
Founded in 2003
Countries of registration:
vc Flag
Regulators:
SVGFSA
FreshForex Logo
7
★4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
Regulators:
SVGFSA
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
compare FreshForex trading accounts

FreshForex is a broker with a long history in the market, a wide selection of trading accounts, high leverage, and an affordable minimum deposit. It is suitable for active traders who value flexibility in choosing trading instruments, are interested in high-risk strategies, and are willing to work with an offshore company without licenses from leading global regulators. Thanks to the availability of a demo account, a variety of analytical materials, and training courses, FreshForex may also be of interest to novice traders who want to hone their skills without making large investments.

Pros and Cons of FreshForex

Pros

  1. Extensive experience (since 2004).
  2. Minimum deposit from $25.
  3. Wide selection of currencies and cryptocurrencies for accounts.
  4. Various analytical and educational materials.

Cons

  1. No licenses from reputable regulators.
  2. High spreads and commissions on a number of instruments.
  3. No PAMM accounts or copy trading.
  4. No online chat or support via messengers.

8. FIBO Group

FIBO Group Logo
Spread fromEURUSD0pips
Trading Assets
Forex Cryptocurrency Precious Metals Energy Carriers Soft Commodities Indices
Trading Platforms
MetaTrader 4 cTrader MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FIBO Group review
8
About FIBO Group
Founded in 1998
Countries of registration:
vg Flag
Regulators:
BVIFSC
FIBO Group Logo
8
★4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vg Flag
Regulators:
BVIFSC
Trading Assets
ForexCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesIndices
Trading Platforms
MetaTrader 4cTraderMetaTrader 5
compare FIBO Group trading accounts

FIBO Group is suitable for various types of traders, including beginners and experienced ones. The broad selection of accounts and trading platforms allows every trader to find an appropriate solution. Additionally, educational materials and analytics will aid in skill development and making informed trading decisions.

The broker offers competitive trading conditions, various instruments, and robust support. However, fees and the absence of certain assets may limit its potential.

Pros and Cons of FIBO Group

Pros

  1. A wide selection of trading and investment accounts.
  2. Low spreads, which facilitates more profitable trading.
  3. A wide range of payment methods.
  4. Availability of various trading platforms.
  5. Comprehensive analytics and educational materials.

Cons

  1. An inactivity fee.
  2. Withdrawal fees.
  3. The absence of stocks and ETFs in the range of instruments.

9. LiteFinance

LiteFinance Logo
Spread fromEURUSD0pips
Trading Assets
Forex Commodities Stocks Indices
Trading Platforms
MetaTrader 4 MetaTrader 5 cTrader
★4.1/5
Register80% of retail investors lose money when trading CFDs with this brokerRead LiteFinance review
9
About LiteFinance
Founded in 2004
Countries of registration:
vc Flag
cy Flag
Regulators:
SVGFSACySEC
LiteFinance Logo
9
★4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Countries of registration:
vc Flag
cy Flag
Regulators:
SVGFSACySEC
Trading Assets
ForexCommoditiesStocksIndices
Trading Platforms
MetaTrader 4MetaTrader 5cTrader
compare LiteFinance trading accounts

LiteFinance is a broker that actively invests in analytical and educational resources, providing its clients access to the economic calendar, daily forecasts, and analytics from Claws&Horns. These resources can significantly assist traders in developing their trading skills and strategies. The 24/7 technical support ensures that help is always on hand when needed, which is especially valuable for beginners and those who trade in various markets worldwide.

LiteFinance will be most suitable for beginner and intermediate-level traders who can make the most of the educational and analytical resources offered. It will also suit those who prefer to use standard trading platforms and do not plan to trade cryptocurrencies or soft commodities actively.

Pros and Cons of LiteFinance

Pros

  1. A variety of analytical tools.
  2. Extensive educational materials.
  3. 24/5 technical support.

Cons

  1. High trading fees.
  2. Lack of certain trading assets.

10. xChief

xChief Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Indices Energy Carriers Cryptocurrency Stocks
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead xChief review
10
About xChief
Founded in 2014
Countries of registration:
km Flag
Regulators:
MISA
xChief Logo
10
★4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
Regulators:
MISA
Trading Assets
ForexPrecious MetalsIndicesEnergy CarriersCryptocurrencyStocks
Trading Platforms
MetaTrader 4MetaTrader 5
compare xChief trading accounts

xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.

Pros and Cons of xChief

Pros

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Weak analytical section.
  3. No educational courses and webinars for beginner traders.

How the List of Forex Brokers with Cent Accounts Was Compiled

The compilation of the top Forex brokers offering cent accounts was conducted considering the specific needs of traders aiming to minimize risks. We followed these criteria for selecting brokers:

  1. Only those brokers that provide the option to open cent accounts were included in the list. This allows traders to trade with smaller volumes and significantly reduce financial risks, which is particularly important for beginners and cautious investors.

  2. Brokers were ranked according to our Forex brokers rating. This rating is based on an objective and comprehensive analysis of crucial broker characteristics, including their reliability, quality of transaction execution, and level of customer support.

  3. Each broker was assessed according to our methodology, which includes a detailed analysis of various aspects of their operations. We aimed to provide up-to-date and accurate information to assist traders in choosing the most suitable broker.

Our list of the best Forex brokers with cent accounts is designed to facilitate the selection of a broker that offers specialized services with minimal risks and enjoys trust among traders.

FAQ

What is a cent account in Forex?

A cent account in Forex is a type of trading account where the balance is displayed in cents instead of dollars. For example, instead of seeing $100, the account balance will show 10,000 cents. This type of account allows traders to trade with smaller amounts of money and lower risks. Cent accounts are popular among beginners who want to learn and test their trading strategies without risking large sums of money, while still experiencing real market conditions.

How does a micro account differ from a mini account?

A micro account differs from a mini forex account in the size of the minimum lot and the level of initial investment. On a micro account, the minimum lot is usually 1,000 units of the base currency, which allows you to start trading with even smaller amounts than on a mini account, where the minimum lot is 10,000 units. Thus, micro accounts are ideal for traders who want to minimize risk and test trading strategies with minimal effort.

How to open a cent account?

To open a cent account, follow these steps:

  1. Choose a Forex broker that offers cent accounts.
  2. Register on the broker's platform and complete the verification process.
  3. Select "Cent Account" when choosing the account type.
  4. Deposit a small amount (usually $1 to $10) into your account.
  5. Start trading with smaller lot sizes, as your balance will be displayed in cents instead of dollars.

Which broker offers a cent accounts?

Several brokers offer cent accounts, providing an opportunity for traders to start with smaller capital. Some popular brokers known for offering cent accounts include:

  • XM
  • RoboForex
  • InstaForex
  • Exness
  • HF Markets

These brokers provide cent accounts with different features and trading conditions, so it's essential to review each one to find the best fit for your needs.

What is the best Forex broker for small accounts?

The best Forex broker for small accounts typically offers low minimum deposit requirements, tight spreads, and user-friendly platforms. Some brokers renowned for catering to small accounts include:

  • InstaForex: Known for low minimum deposits and cent account options.
  • RoboForex: Offers cent accounts and a variety of trading platforms.
  • Exness: Provides flexible leverage and low deposit requirements.
  • HF Markets: Known for competitive trading conditions and low initial deposits.
  • XM: Offers micro accounts and a low minimum deposit of $5.

Can I start Forex with $5?

Yes, you can start trading Forex with as little as $5. Several brokers offer accounts with very low minimum deposit requirements, making it accessible for traders with limited initial capital. Brokers like XM and InstaForex are known for allowing traders to open accounts with a minimum deposit of $5. However, it's important to note that trading with such a small amount may limit your ability to manage risk effectively and achieve significant profits.

Which broker has the minimum deposit of $1?

Some brokers allow you to start trading with a minimum deposit of just $1. Brokers with low minimum deposits include:

  • HF Markets: Offers cent accounts with a minimum deposit of $1.
  • IFC Markets: Provides cent accounts with very low minimum deposits.
  • InstaForex: Allows trading with a minimum deposit of $1 for cent accounts.

These brokers make it possible for traders to start with very small amounts, making Forex trading more accessible to everyone.

Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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