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why does brokers tricking clients by this type of trading account????
They just want to allow trading with small accounts. Trading with $100-500 where 0.01 lot = 0.1 USD is to dangerous, but using 10000-50000 cents where 0.01 lot = 0.1 cent more preferable for consistent traders and EAs too.
They just want to allow trading with small accounts. Trading with $100-500 where 0.01 lot = 0.1 USD is to dangerous, but using 10000-50000 cents where 0.01 lot = 0.1 cent more preferable for consistent traders and EAs too.
I think it is just a trick/marketing
Your life - your thinking. Want to change - change your thinking.
What to change
and not USD = CENT
Change your thinking about tricks. Nobody do not want to cheat you. If you do not want to use cent Signals - use USD or EUR Signals only - it is up to you.
I think it doesn't matter if it is a cent or a standard account. What matters is quality of trade.
I agree
but cent account is helping small investors, what u say? :)
If people start using normal accounts like 500-5000 USD then the price of the signal will be much higher like 100-500 USD, think about it. This is not a hedge fund site, this is a learning forex forum to which people subscribe to signals to learn not to get rich. STOP dreaming and START learning !
wow good explaination
trade earn with learn :)