Cent accounts: what's the real experience?
Cent accounts let small deposits trade realistic position sizes, bridging demo and live. They're offered unevenly and behave slightly differently from standard accounts.
Have you used one?
- the broker and how pricing worked
- whether it felt real enough to matter
- what you'd warn others about
The lot sizes guide explains the scaling.
Background: Lot sizes explained: standard, mini and micro lots
A lot sets how many units of currency you buy or sell. Getting it wrong is the fastest way to turn a small price move into a large loss.
How many units is 0.01 lot?
0.01 lot is a micro lot: 1,000 units of the base currency.
How much margin do I need for one lot?
It depends on the leverage available and the price. At 30:1 leverage, one standard lot of EUR/USD at 1.15 (about $115,000) needs roughly $3,833 in margin.
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