Cents Account
Cent account is a trading account on which the balance is displayed in cents, and transactions are carried out in cents as well. It means that if you deposit $10, you will have 1000 cents in your account. Trading on the Cent account is low risk. Therefore, it is an excellent choice for Forex novices. Moreover, this type of account can be an attractive option for experienced traders who want to check new strategies.
The Cent account allows people to trade smaller lot sizes and open an account with a lower initial deposit than any other account. To open the Cent account at GoDo, you need to make an initial deposit of $10 only
The Cent account supports the following trading instruments: 40 currency pairs, 2 metals at GoDo, the Cent account is available on MT4 & MT5.
Advantages of Cents Account
Here are some of the benefits you gain when you opt for a Cents Account.
- High leverage to trade small unit of currency in cents.
- Commission free standard account.
- GODO use Pure STP trading environment.
- No Restrictions on Trading – Scalping Allowed.
- GODO Traders can also hedge positions as there is no first in first out (FIFO) rule with GODO.
