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I need to know more about cent account?

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Sherif Hasan
7292
Sherif Hasan 2016.01.20 08:19 

Hi

Many post regrads cent account signal providers?

what are the advantages/dis advantages?

seems smaller deposit shows bigger and profit factor!

isn't?
Ronnie Mansolillo
5522
Ronnie Mansolillo 2016.01.20 09:03  
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.

Francis Dogbe
9502
Francis Dogbe 2016.01.22 08:27  

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)

Mohammad Soubra
26828
Mohammad Soubra 2016.01.22 08:33  

Totally ....

 

it is a trick 

Khurram Mustafa
29908
Khurram Mustafa 2016.01.23 07:34  

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 

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