A Cent account is a type of trading account designed to facilitate swap-free trading with cent lots. A cent lot represents 0.01 of a standard lot or 1,000 units. With margin requirements as low as 10 US cents, this account is an ideal choice for beginners transitioning from demo trading to live trading.

Cent accounts are particularly suitable for novice traders seeking to practice their trading skills and experience the real market dynamics without committing significant funds. Experienced traders can also utilize Cent accounts to experiment with new trading instruments and refine strategies with minimal capital and reduced risk.