I need to know more about cent account?

 

Hi

Many post regrads cent account signal providers?

what are the advantages/dis advantages?

seems smaller deposit shows bigger and profit factor!

isn't?
 
SHERIFF Hassan:

Hi

Many post regrads cent account signal providers?

what are the advantages/dis advantages?

seems smaller deposit shows bigger and profit factor!

isn't?

Is very easy. Broker just adds two virtual zeros to your balance. Very usefull for those who want to start a new trading system switching from demo or just start with cent account to reduce risk for something new.

For example 100 euros are 10.000 and is a good way to start real account for testing strategy.

All the rest is the same,so profit factor,drawdown etc. etc.

 

Adv: if you deposit $10=$1000 :). so you can be playing around like you own a thousand in your acc.

Diadv: its the broker that's usually creates the market for you. so the broker will be playing tricks with the spreads (high spread)

 

Totally ....

 

it is a trick 

 

cent account is generally reduced your risk

if you deposit 100$ it will become 10000 cents

all working are same but profit and loss will calculate as cent