[!Forex#] FBS Cent Account vs Standard Review

FBS broker offers the Cent account as one of the account types that can fit beginner traders who want to trade on real market conditions and not on a demo account, and the Cent account can also fit those who wish to trade with a small investment or who want to test his trading strategy on real market conditions.

Trading Conditions with FBS Cent Account

• Minimum Deposit: $5 or €5.
• Leverage: 1:1000.
• Market Execution: From 0.01 sec, STP model.
• Spreads: Floating spread from 0.7 Pips.
• Account base currency: USDC or EURC.
• Trading Platforms: MT4, MT5.
• Minimum withdrawal: depends on the method (Perfect Money from $1).
• Minimum Volume: 0.01 Cent lot (0.0001 of the standard lot=$10$ trade).
• Max Volume Trade: 1000 Cent lot (which is 10 Standard lot).

FBS Cent Account Lot Size

The standard lot in the regular account is about $100k, and the lot size in the Cent account is also 100K cent (which is 0.01 of the standard lot size in the regular account).

Cent account lot is the same as a regular account but everything is in cent units which means $0.01, so the trader will open one lot in the cent account which is equal to a $1000 lot.

How to Open FBS Cent Account?

User can open a Cent account only via FBS partners links , user can't open Cent account directly via the FBS website (he needs to use partners' URLs).

Visit the FBS Cent account page and register as a trader, you can register also via Google, Facebook or Apple account.

How to open FBS Cent Account

Then you need to choose your account type if it is Cent or Standard and if it demo or real account.

Note that there is no Demo account for the Cent account, the Demo account is just for the standard type.

FBS Account types Step

The last step is to set up the account, you will choose the trading platform (MT4 or MT5), and you will choose the account currency (EUR or USD), and you can set your leverage from 1:1 to 1:1000 as you can see in the image below.

Set up Cent Account