Broker Forex Yang Ada Akun Cent
Broker Forex Yang Ada Akun Cent – One way forex traders do their business is through cent accounts. This is an account type that measures your account value in cents. With everything at Cent, you’re used to seeing numbers in the thousands. If you are just starting out, starting with a cents account is a great choice. They are low risk and have many benefits for newcomers.
With how fast the forex market moves, it never hurts to start on the safe side. Cent accounts help investors get started on the right track without taking too much risk on their accounts. Most of these brokers also allow account switching or upgrading, so it’s fine to switch from cent accounts to non-cent accounts once you get the hang of things.
Broker Forex Yang Ada Akun Cent
There are also several options for forex brokers that offer cent accounts. Of course, we’ve rounded up our top five picks for cent account brokers. With this short list and summary of where each of these advantages stand, we hope you can identify which broker you prefer to open a cents account with.
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RoboForex is probably one of the best brokers for beginners. They have been around for over a decade and have served their customers very well during this period. In addition to being an authorized trade partner of BMW Motorsport, they are also regulated by a number of authorities including the Belize International Financial Services Commission.
There are several aspects to why RoboForex is so beginner friendly. First, they ensure protection against acquiring a negative balance. This is of course important for any investor, but as a beginner it is very reassuring. Many people first enter Forex trading with some doubts, and RoboForex does its best to clear those doubts.
The second most important thing is their account type. Not only do they have a low-risk cent account (Pro-Cent), which offers great bots and feature testing opportunities for beginners, but they also have a demo account that uses virtual money. If you want to be careful in Forex trading, you can start with a demo account before moving to a cent account.
Other accounts offered by RoboForex are R Trader, ECN, Prime and Pro-Standard. Opening an account is fast, easy, secure and reliable. The main differences between each account are commission fees and leverage. On the go, there’s almost no downside to opening your account.
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Depending on how you use your leverage, RoboForex allows you to maximize profits, especially with their feature that allows multiple accounts to be opened. You have leverage options from your regular rate up to 1:500. You can also apply for 1:2000, which is only applicable to professional investors.
Other features that RoboForex offers are seven different asset classes, very fast deposits with minimum amounts, almost no withdrawal fees from any account and many tools on their trading platform. You will also be happy to know that RoboForex has no hidden fees policy. You can also find them on MT4, MT5 and their own independent platforms. They are available for mobile, desktop and web browsers.
RoboForex has almost no flaws. In addition to everything we’ve covered, they also have great customer service, data charts, top news feeds and educational media for you to consume. For all these outstanding features, RoboForex deserves a place in our top 5 list.
XM has a solid track record of over a decade, and they don’t seem to be slowing down. Since authorities regulate it in the EU, their customers enjoy negative balance protection. Again, this is a very satisfying feature for new account openers, which may be for you if you use a cents account. One of the regulators here is the International Financial Services Commission. XM also has an available platform for trading between 196 countries worldwide.
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Like RoboForex, you get a lot of features here that make XM very beginner friendly. One such feature is having a demo account. You can trade with $100,000 of virtual money to see how everything works. And the reason they’re on our list, they also offer cent accounts.
XM has a minimum deposit amount of only $5, which is about the lowest you will find anywhere among brokers. It will show as 5000 units in your cents account. But for the most part, this means that you need to take on very little risk in the meantime to start trading with your cents account. The minimum leverage they offer is 1:30, which is common for other brokers. But their maximum is 1:888, which is only by some of their peers.
XM is also committed to having no hidden fees and providing little or no commission fees. Their account types will vary in the commissions charged, but the XM Zero account type has very competitive fees. Their spreads on XM Zero accounts are as competitive as their commission fees.
Some other impressive things about XM is that they only take 1 second to complete a transaction on average. For a broker with 55 available currency pairs, it makes trading through them very simple and easy. They also have many other assets to trade, such as precious metals, which also have competitive offers.
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You can access XM through MetaTrader4 and MetaTrader5. On MT4, you get about a hundred different tools and instruments to choose from. They have an impressive range of data analysis, research and training support to ensure the success of their clients. They also have a browser platform available on Windows and Mac. Thanks to these factors and competitive spreads and commissions, XM has become a favorite among Forex traders.
HotForex is a multi-asset broker based in the UK and regulated by the Financial Conduct Authority. Since 2005, they have offered trading on forex, social trading, equity trading, spread betting and more with a total of over 130 different assets. With a customer base of over 10,000 traders, HotForex has a huge following and can still compete with its counterparts in the forex market.
The important thing about HotForex is that it is a safe and secure broker, especially for beginners. They cooperate only with Tier-1 banks, which are considered the most important level. All funds you deposit into your HotForex account will be held securely in a Tier-1 bank and will still be available for withdrawal even if HotForex cannot process your request at any time.
Another good thing is that HotForex’s minimum deposit requirement is only $5. It is good to know that there are constant opportunities for those who are not yet fully involved in their forex trading.
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However, HotForex does not offer a wider range of account types than its counterparts. This may not be beneficial for those who prefer lots of options for easily customizing account settings, but the simplicity can be very helpful for beginners. Nevertheless, the demo account they offer works like any other broker. Register to learn about all the features and get used to trading before investing your real money in it.
One thing HotForex should be aware of is that they may have fees that confuse the system. Although they always mention where the fees are charged, it’s easy to lose track. Deposit fees, withdrawal fees and most transactions incur commission fees. Will you also be charged if your account is inactive after a certain period of time?
Overall, HotForex is a reliable broker with good experience in international trading. Available in 15 different languages across multiple platforms for mobile, web and desktop, they are quite accessible to people from different countries. You can usually get your withdrawals and deposits processed in less than three days, which is enough for most users. For beginners who want to spend time learning to trade, HotForex is a great choice.
Exness is probably one of the most popular forex trading brokers out there. They have almost everything: reliable regulation, low commissions and spreads, good percentage accounts for beginners and probably the lowest deposit offered by any broker. We will discuss each of these aspects in a moment.
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But before we do that, one of the biggest strengths of Exness is that they really care about their customers. When the market becomes volatile and losses occur, Exness is one of several brokers that compensates its clients for losses. Since Exness usually has a large amount of currency earned and held, they can handle their customers this way.
They are regulated by a number of authorities including Cyprus, Seychelles and the Financial Conduct Authority. They also have a clean track record since launching in 2008, and their commissions and spreads are among the most competitive among brokers today. They also ensure to avoid hidden fees or hidden commissions. Depositing and withdrawing through your local bank ensures you don’t have to pay any extra fees. Spreads also don’t differ much between Standard and Standard Cents accounts, meaning you have nothing to lose by choosing to open Standard Cents.
And their minimum deposit? An impressive $1. There’s no catch, and you better believe it. With the demo account they offer, it makes trading through them even safer and less risky. Their transactions are also very fast. Whether it’s depositing to or withdrawing from your Exness account, there are a number of payment methods available, most of which can be completed in less than 5 minutes on slow internet speeds. Many of their deals also benefit Asian countries, whose currencies are relatively weak compared to Western countries.
Their other outstanding feature is their reliable customer support. They have local offices around the world. This is standard protocol for support.