FBS Cent Account Review 2024 🔎 Is It Right For You?

FBS Cent Account Review

If you're interested in trading with FBS Cent Account, you've come to the right place. In this comprehensive review, we'll cover all the important details, including the advantages, disadvantages, and key features of this popular trading account.

Whether you're a beginner or an experienced trader, this unbiased review will provide you with all the information you need to make an informed decision.

What is the FBS Cent Account?

FBS Cent Account is a popular trading account offered by FBS, a well-known online forex and CFD broker.

The account is denominated in cents, making it an ideal option for traders who want to start with a small investment and minimize their risk exposure. This account also offers competitive spreads, fast execution, and access to a wide range of trading instruments.

Features Of The FBS Cent Account

🔎 Account🥇 Cent Account
💰 Min Deposit$1 USD
🔁 Spreads from1 Pip
💳 Commission$0 USD
📱 PlatformMT4, MT5
📈 LeverageUp to 1:1000
➕ Max Open Positions200
➕ Max Pending Orders200
📊 Order Volume0.1 – 1000 Cent Lots
⚡ Market ExecutionFrom 0.3 Sec STP
🚀 Open an Account👉 Click Here

The Cent account has its balance displayed in cents, and transactions are carried out in cents. It means that if you deposit $10, you will have 1000 cents in your account.

The FBS cent account allows traders access to a wide range of trading instruments, including Forex, metals, indices, energies, Forex exotic, stocks, and crypto.

FBS 100% Deposit bonus

 With margin requirements as low as 10 US cents, the cent account is ideal for novice traders looking to switch from a Demo account to real trading.

Experienced traders who wish to try new strategies or explore a new asset class can also use the cent account and risk a small amount of capital.

How To Open The FBS Cent Account

Opening a cent account is easy. Simply follow these steps.

  1. Click here to go to the FBS account registration page.
  2. Enter your email and full name and click on ‘Register as trader

    FBS cent account opening
  3. Verify your email and proceed to set up your account. Choose the trading platform you want between mt4 & mt5. Select your account currency and preferred leverage. Then click on ‘ Open Account

    fbs cent account review
  4. Save your cent account login details after they appear on the screen. These details will be shown only once so make sure you save them somewhere safe to avoid challenges when you want to log in.

    FBS cent account login details
  5. Deposit funds and download your trading platform. Log in using the credentials you saved in the step above. Upload your account verification documents and then start trading.

Pros & Cons Of The FBS Cent Account

Is The FBS Cent Account Good For You?

Here are some additional things to consider when deciding whether or not to open an FBS Cent account:

  • Your trading experience:
    If you are a beginner, a cent account may be a good option for you. However, if you have more experience, you may want to consider a different type of account.
  • Your trading goals:
    What are your goals for trading? If you are looking to make a quick profit, a cent account may not be the best option for you because of the small lot sizes. However, if you are looking to learn how to trade and improve your trading skills on a live account, a cent account can be a great way to start.

  • Your budget:
    The Cent account is more suited for traders looking for an affordable way to enter the forex markets. That's it has low minimum deposit.

    If you have more money to invest, you may want to consider a different type of account.

Conclusion on the Cent Account

Overall, the FBS Cent Account is a good option for beginner traders who want to start trading with a small amount of money.

It offers a low-risk trading environment and a variety of trading instruments to choose from. This makes it a good option for expert traders who want to test out new trading instruments and/or strategies

However, it's important to keep in mind that the spreads are slightly wider than on other FBS accounts.

Other FBS Accounts To Consider

Fbs Pro Account ↗

Ultimate account for large orders and algo trading by expert traders.

Get Xm $30 Bonus

Frequently Asked Questions On The FBS Cent Account

How does FBS cent account work?

The FBS cent account works by displaying your balance and transactions in cents. For example, if you deposit $5 you will have 500 cents as your balance. You can then trade the market using these cents.

What is the minimum withdrawal on FBS cent account?

The minimum withdrawal on the cent account is $1

What is the minimum deposit on the FBS cent account?

The minimum deposit of the cent account is $1 making it very affordable and convinient.

How big is a cent lot in FBS?

1 Cent lot on the cent account equals 0,01 of a Standard lot or 1,000 units.

What is the difference between cent and standard account in FBS?

The FBS Standard account present a minimum volume of trade as a standard 0.01 lot while the cent account uses cent lots. The minimum volume of trade for the cent account is 0.01 cent lots which is 100 times smaller than 0.01 standard lots.

Is the FBS Cent Account recommended for forex trading beginners?

Yes, the Cent Account can be a suitable option for forex trading beginners. Its low minimum deposit requirement, micro-lot trading, and user-friendly features make it accessible and manageable for those starting out in forex trading.

It allows beginners to gain experience and confidence in a controlled and affordable manner.

What trading instruments are available on the FBS Cent Account?

The Cent Account offers a variety of trading instruments, including major and minor currency pairs, as well as CFDs on commodities, indices, and cryptocurrencies. This diverse range allows traders to explore different markets based on their preferences and market conditions.

Other Posts You May Be Interested In

The Powerful V75 Moving Average Buy Only Strategy

The V75 Moving Average Buy Only Strategy has an 80% success rate. The strategy is [...]

Read More
The Simple Double Red Strategy for Binary Options

Double Red Strategy The double red strategy is a binary options trading strategy that aims [...]

Read More
2 Easy Ways To Deriv Transfer Between Different Accounts💸

This article will show you two easy ways to do Deriv transfer between accounts. Being [...]

Read More
Top 5 Best Forex Trading Apps in South Africa: (Updated 2024) 📱

With the advent of technology, forex trading apps in South Africa have made it easier [...]

Read More
How To Trade Forex Currencies On Deriv 📈

This article will show you how you can trade currencies on Deriv. Many Deriv clients [...]

Read More
HFM Premium Account Review: Pros and Cons (2024)🔎

The HotForex Premium Account is a good choice for experienced traders who are looking for [...]

Read More

1 thoughts on “FBS Cent Account Review 2024 🔎 Is It Right For You?

  1. Nithoon Sivaraksa says:

    Not all brokers provide cent accounts to their clients. Therefore, I highly appreciate this company for such an opportunity.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses cookies to offer you a better browsing experience. By browsing this website, you agree to our use of cookies.