Cent Indices Trading Account Definition in Indices Trading
What is Cent Account Indices Trading?
What's Cent Indices Account? - Cent Indices Trading Account Definition - the definition of a indices trading Cent stock indices account is an account type where traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of the base lot of indices.
The Cent indices trading account allows many retail stock indices traders to access the stock indices trading market because with this indices trading account stock indices traders can trade smaller indices lots known as Cent lots therefore the capital needed to open this Cent stock indices account is not a lot as that required for opening a standard stock indices trading account.
The Cent lot is equal to one tenth of the Micro indices lot.