Cent Account
Trade with 100x less risk and enjoy not paying a single penny for commissions.
Commissions
Minimum deposit
Deposit fees
What is a Cent account?
A Cent account is a type of trading account where the balance is denominated in cents instead of dollars or euros. This can be useful for traders who want to practice trading with real money but with lower risk, as they can trade with smaller amounts of capital. Cent accounts are a great way for those who want to test their strategies without risking too much capital.
Advantages of a Cent account
100x less risk and zero commissions
Our Cent Account is particularly tailored to beginner traders or those who want to trade with lower amounts of capital. This account has all the same benefits as our Zero Commission Account but instead of a 1.0 (Standard Lot) controlling $100,000USD of nominal value, it controls only $1,000USD of nominal value. This allows traders to traded with 100x less risk.
Less risk with Flexible leverage options
With a low minimum deposit of USD$25, flexible leverage options from 1:25 to 1:500, and zero commissions, our Cent Account empowers you to learn how to trade live capital with more peace of mind or continue trading if you have a low risk appetite. Gain your forex trading edge with most budget and risk friendly account today!.
Experience Our ECN based Tight Spreads
A trading account is an account opened with a broker that allows traders to engage with a wide range of offered assets. Utilizing the trading account, traders can buy or sell securities such as stocks, commodities, or foreign exchange. It serves as your personal account for day-to-day trading.
The best trading account varies from one individual to another, as it depends on your personal needs and goals as a trader. Fee structures play a role in differentiating accounts; for instance, some accounts may offer low spreads coupled with commissions, while others might provide commission-free trading but with wider spreads. Sometimes, a trader’s preferred trading account would also be dependent on the platform interface and overall user experience. It is crucial for traders to identify the factors that suit their unique trading style before selecting and opening an account.
At EPFX, we are pleased to inform you that there are no charges for opening any of the trading accounts offered by our platform. However, it is important to note that we do have minimum deposit requirements in place. Furthermore, it is essential to note that commissions or other fees may be applicable to each trading transaction, depending on the specific trading account selected.
Opening an EPFX account is a quick and straightforward process that takes just 5 minutes of your time. To begin, visit the EPFX registration page or click here to start the process. There, you will be guided through a registration form that needs to be completed. During the registration, you will have the opportunity to select the specific trading account you wish to open.
Carefully consider your options and choose the account that aligns with your trading style. Once you have made your selection and provided the required information, your account will be promptly set up.
The initial amount that you deposit would depend on your financial circumstances and also goals in trading. You can start with as little as $25 with EPFX. If you plan on making larger trades, a bigger initial deposit could reduce the need for multiple deposits.
For beginners, you can also consider trying out a demo account. A demo account is designed to allow traders to explore trading different products and familiarize themselves with the functionalities of the trading platform. At EPFX, we offer a demo account with virtual funds of up to $100,000 for beginners to practice trading before making the decision to switch to a live account. If your virtual funds are depleted, you can simply reset the account to start practicing again.
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