Why is Exness Cent account is the best for beginners? For starters in the forex market, it is very difficult to learn everything in a short time. In my opinion, the best way to gain some experience in trading is trying out in real life, with your real money. Some may argue that since most brokers have demo accounts, why not try that? In my opinion, practicing trading with demo accounts is a bad idea. Most brokers want you to win in demo, so that you’ll become too confident, which leads to your loss in the future. You should practice with real money, real account, and real risk. Fortunately, Exness provide you with a type of account that can be applied in this situation, Cent account. Like the demo account, it has low spread, low volatility, good execution, and good prices.
Exness Cent account is highly recommended to beginners because it is a real account. Trading with it gives you the chance to know the feeling of trading in real-life conditions: real spread, prices, volatility, slippage… That is the best place to try out as a new trader. Trading in real conditions helps you understand the risk of forex trading. Using demo accounts sometimes makes you forget about risk management, which easily leads to losing all your money in a blink of an eye in the future.
Exness Cent account is greatly suitable for inexperienced traders since they trade only US cents. You only have to deposit only $1 to start. If you deposit $10, you will have 1000 USC in your Cent account. With this amount of money, you can open up to hundreds of orders to practice trading. Thanks to Exness’ instant withdrawal, you can withdraw your funds or profit in an instance. Of course for new traders, the chance of losing all your money is very high. However, think of how much you could learn with just $10. Real money makes you more cautious and careful.
Most brokers don’t offer accounts as small as Cent account but some smaller brokers do. However, I don’t recommend small brokers because obviously they are not as reliable and good as big brokers. Exness is a whole different story. They are one of the biggest forex broker in the world with monthly trading volume up to 300 billion, yet they still offer Cent account. Here are 5 reasons why you should practice trading with Exness Cent account:
So there you have it. All the best features of Exness Cent account. Let’s try it out now.