What is the Minimum Deposit for Cent Indices Trading Account?
Minimum Capital Required to Start Stock Indices Day Trading with a Cent Indices Trading Account
Minimum deposit required to open a indices trading Cent stock indices trading account is $5 dollars.
With $5 dollars minimum indices trading deposit for a Cent Indices Trading Account stock indices traders can open a indices trading Cent account & trade indices Cent lots.
The Cent Indices Trading Account uses Cent Lots when opening new stock indices trades.
1 Cent Lot is equal to 100 Units of base indices trading instrument
The Pip amount calculation for 1 Pip in a Cent stock indices account is equal to $0.01 or 1 Cent. Therefore traders trading on this Cent indices trading account using Cent lots will make profit of $0.01 or 1 Cent per 1 pip movement if the trade goes in their direction or makes loss of $0.01 or 1 Cent per 1 pip movement if the trade decides goes against their trade direction.
This Cent stock indices trading account is best for beginners because a trader can trade using smaller indices lots - Cent lots and learn how to trade indices without investing a lot of trading capital in their Cent stock indices trading account.