Looking for Cent Account Forex Broker or Micro Account Forex Broker? Not sure who is truly regulated and legit Forex Cent Account broker or Forex Micro Account Broker? Or looking which broker is suitable and best for you?

We provide answers to all the questions in this article. We researched and compared over 100 Forex brokers and found only few Brokers offering Forex Cent Account and Forex Micro Account, we check their regulation status, spread & commission, the time for deposit & withdrawal and many more findings.

What is Cent Account in Forex? What is Micro Forex Account?

Brokers with Cent Account are counting cent account balance instead of dollars, so for 10$ deposited you get 1,000 Cent Account. Cent accounts are handled and managed the same way as Standard accounts and are useful for either beginners or traders who do not wish to trade larger amounts. However, now there are very few brokers with Cent accounts available.

Forex Micro vs Standard account are differ in the size of the lot, instead of trading full unit or lot you can trade micro lots equivalent to 1,000 units of account base currency. Micro lot trading is offered by some brokers and is useful for some strategies since decreases risks and is good for smaller size Live trading, likewise Forex Micro Account Brokers with micro FX accounts are not widely presented.

Best Forex Micro Account Brokers and Cent Account Forex Brokers

To find and select the Best Forex broker for Micro Account or Cent Account we research and compare trusted Forex Brokers and found only 5 brokers with Cent or Micro Accounts. We review details of license, spread and commission, trading platform, deposits and withdrawals conditions, education and customer service. Here is our List of Top 3 Cent Account Micro Account Forex Brokers by category:

  • XM – Best Micro Account Forex Broker
  • FXTM – Best Cent Account Forex Broker
  • FBS – Best spreads on Micro account Forex Broker

What makes a good Broker with Micro Account or Cent Account?

You should check 4 points that makes broker a good Forex Broker with Micro Account or Cent Account. See whether the broker is suitable for your trading need, also verify license, trading conditions and account offering, available markets and platforms, and customer service.  

  • Must be licensed by the reputable authority like FCA in the UK or MAS in Singapore for traders funds safety
  • Offer Micro Trading Account or Cent Account for easy Micro or Cent Trading strategies
  • Provide good range of trading instruments and spreads for low cost trading also on platform you prefer to use
  • Has good customer service to solve traders enquiries professionally

Top 5 Cent Forex Account and Forex Micro Account Brokers Reviews & List

Here we made a Full list of Broker Cent Account and Micro Forex Account, consistent of only regulated brokers that are considered safe to trade. In addition to the Top 3 Cent Account Brokers and Micro Account Brokers mentioned above here is List of Cent/Micro Accounts Forex Broker Reviews:

Forex BrokerCent Account/ Micro AccountWhy they are our top picksOur Review
XMYesXM Micro Account might be the best for Micro Account. XM Cent Account minimum deposit in standard account is 5$ (most broker offer 100$) with access to over 1000 instruments and professional education materials.Visit XM site    

XM Review
FXTMYesFXTM might be the best fit if looking for a Cent Account Forex.  FXTM is among 3 brokers with Cent Accounts and only one with ECN trading environment. Plus FXTM trading costs are good and range of instrument is very wide.  Visit FXTM site

FXTM review
RoboForexYesRoboForex might be the best fit if you are looking for flexibility. You can choose Micro lot trading or trading in Cents. Also, RTrader proprietary platform is great with good trading tools and research.Visit RoboForex site

RoboForex Review
FBSYesFBS might be good for low spread on Micro Account. FBS also offering Cent Account, and spreads averaging around 1 pip for EURUSD which is good for Micro Account spreads. Plus you can choose between MT4 MT5 or proprietary software.Visit FBS site

FBS Review
AlpariYesAlpari might be the best for Forex Micro Account MT4 and Forex Micro Demo Account. MT4 is popular platform packed with tools, also good for EAs autotrading on Micro lots suitable for all levels of trading. Plus Alpari costs are good.Visit Alpari site

Alpari Review

More on Micro Account Cent Account Forex Brokers

To get started with Brokers offering Micro or Cent Account it is better to navigate categories and narrow your selection with the broker that is available at your region, also offering suitable trading conditions, for this navigate Broker categories and read Forex Broker reviews.

Forex Broker Micro Account MT4

MT4 or MetaTrader4 is one of the most used and popular platforms worldwide. For Brokers offering FX Micro account on MT4 check FXTM and Alpari.

US Forex Brokers with Cent Account Micro Account and Forex Micro Account Brokers USA

Forex Micro Account Brokers accepting US residents there is no US brokers with Micro accounts, however some brokers allowing to trade Micro lots like Micro Futures trading account available at TradeStation or InteractiveBrokers.

Forex Cent Account Brokers Canada

Currently, there is no Canada based Broker who offers specifically Micro or Cent accounts in Canada, however Canadian traders can open account with broker like FXTM and request micro trading.

Best Leverage for Micro Account

Leverage levels are always depending on the regulatory restrictions and the instrument you trade. It is best not to put very high leverage for Micro Account or Cent Account, not to involve into higher risk. Forex Brokers 100:1 Leverage micro account is available on FXTM offering in South Africa.  

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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