In this post, Ill take you through the best forex brokers that offer cent accounts, ideal for newcomers and anyone wanting to lower risk while still trading in the live market. Cent accounts let you buy and sell in micro lots with tiny deposits, opening forex to almost anyone who wants to try.
Ill point out the top firms with tight spreads, generous leverage, and easy platforms that work perfectly for this small-scale style of trading.
Key Points & Best Forex Brokers With Cent Accounts List
Forex Broker | Key Point (FBS – Feature, Benefit, or Service) |
---|---|
FBS | Offers cent accounts and up to 1:3000 leverage |
JustMarkets | Provides raw spread accounts with low trading costs |
FP Markets | ECN pricing and support for MetaTrader 4 and 5 |
Oanda Corporation | Known for transparent pricing and no minimum deposit |
AvaTrade | Regulated globally with fixed and floating spread options |
FOREX.com | Strong U.S. regulation and advanced trading platforms |
IG | Industry leader with extensive range of tradable instruments |
InstaForex | Offers bonuses and high leverage up to 1:1000 |
Plus500 | User-friendly CFD trading platform with negative balance protection |
FIBO Group | Long-established broker offering MT4/MT5 and PAMM accounts |
10 Best Forex Brokers With Cent Accounts
1.FBS
FBS is a popular forex broker that offers cent accounts, which lets beginners trade tiny amounts and keep risks low. You can open an account with a minimum deposit of only $1, so almost anyone can get started.
The broker works with MetaTrader 4, MetaTrader 5, and its own FBS Trader mobile app, giving you good platform choices. FBS also supplies leverage up to 1:3000, one of the highest rates in the market.

Traders can pick from 35+ currency pairs, and even some exotic options. Trading fees are light too, as spreads start at 0.5 pips or you can pay a commission on ECN plans.
After you fund your account, activation is quick, typically finishing in under five minutes. Customer support runs around the clock via live chat, email, and phone, with agents ready in several languages.
Feature | Detail |
---|---|
Minimum Deposit | $1 |
Trading Platforms | MT4, MT5, FBS Trader |
Leverage | Up to 1:3000 |
Total Pairs | 35+ currency pairs |
Trading Fees | Spreads from 0.5 pips; ECN has commission |
Account Activation | Instant or within minutes |
Customer Support | 24/7 via chat, email, phone; multilingual |
2.JustMarkets
JustMarkets ranks among the leading forex brokers, and its cent accounts fit new traders or anyone who prefers low risk. You can open an account with only $1, so almost anyone can start trading. The broker works with MetaTrader 4, MetaTrader 5, and its own JustMarkets WebTrader.

You get leverage up to 1:3000 and can trade more than 60 currency pairs. Costs are reasonable, with Raw Spread accounts showing spreads from 0.3 pips.
Setting up a new account normally takes just a few minutes. Support is around the clock by live chat, email, or phone, and staff speak several languages to keep your trading smooth.
Feature | Detail |
---|---|
Minimum Deposit | $1 |
Trading Platforms | MT4, MT5, WebTrader |
Leverage | Up to 1:3000 |
Total Pairs | 60+ currency pairs |
Trading Fees | Raw spreads from 0.3 pips; low commission |
Account Activation | Fast; typically within minutes |
Customer Support | 24/7 via chat, phone, email |
3.FP Markets
FP Markets allows micro accounts, needing only US$100 or the AUD equivalent to start trading. You can choose MetaTrader 4, MetaTrader 5, cTrader, WebTrader, Iress, TradingView, or the brokers mobile app.
Leverage reaches 1:500, but this limit varies by country. Traders can work with over seventy currency pairs. Costs are low; Standard accounts carry spreads around 1.0 pip without extra commission, while Raw accounts begin at 0.0 pip plus USD 3 per lot both ways.

Setting up an account usually takes less than one day. Multilingual support is available twenty-four hours a day, five days a week by live chat, email, phone, or callback.
Feature | Detail |
---|---|
Minimum Deposit | $100 |
Trading Platforms | MT4, MT5, cTrader, IRESS, TradingView |
Leverage | Up to 1:500 |
Total Pairs | 70+ currency pairs |
Trading Fees | Raw spreads from 0.0 pips + commission |
Account Activation | Usually within 24 hours |
Customer Support | 24/5 multilingual support |
4.Oanda Corporation
Oanda Corporation does not provide true cent accounts, yet it lets you trade in micro lots with no set minimum deposit-you can load an account with as little as $1. The broker works with MetaTrader 4, MT5, its own OANDA Trade app on web or phone, and links to TradingView charts.
Leverage is offered up to 200:1 everywhere else, but it drops to 50:1 in the U.S. and goes even lower in some other places. You can choose from more than seventy currency pairs.

Costs include variable spreads around 0.8 to 1.1 pips on EUR/USD, an optional core plan that charges $40 per million, and very low fees away from the market.
Opening an account is quick; the online form, ID check, and first deposit usually wrap up in a few hours. Support runs twenty-four hours a day, five days a week, reachable by live chat, email, or phone, plus there are thorough FAQs and learning articles to browse.
Feature | Detail |
---|---|
Minimum Deposit | No minimum |
Trading Platforms | MT4, MT5, OANDA Trade, TradingView |
Leverage | Up to 200:1 (region-specific) |
Total Pairs | 70+ currency pairs |
Trading Fees | Spread-only or core pricing with commission |
Account Activation | Within a few hours |
Customer Support | 24/5 via chat, phone, email |
5.AvaTrade
AvaTrade very small sizes after you put in at least $100 (or the same value in another currency). You can use MetaTrader 4, MT5, the mobile and web AvaTradeGO, WebTrader, AvaOptions, or the brokers own apps.
Leverage depends on where you live: it reaches 400-to-1 outside the EU or Australia, drops to 30-to-1 in tougher markets, and can hit 500-to-1 in South Africa.

The broker gives access to more than 55 forex pairs. Standard accounts carry no commission, and spreads start around 0.9 pips on EUR/USD.
Opening an account is quick-you usually get activated within 24 hours, sometimes much sooner. Support runs 24 hours a day, five days a week, in several languages by live chat, email, or phone, and the site offers courses and a big FAQ.
Feature | Detail |
---|---|
Minimum Deposit | $100 |
Trading Platforms | MT4, MT5, AvaTradeGO, WebTrader, AvaOptions |
Leverage | Up to 1:500 (depends on region) |
Total Pairs | 55+ currency pairs |
Trading Fees | No commission; spreads from 0.9 pips |
Account Activation | Within 24 hours |
Customer Support | 24/5 multilingual support |
6.FOREX.com
FOREX.com open a trading account with a small $100 deposit. The broker runs its own WebTrader and fxTrader platforms while also supporting MetaTrader 4, MetaTrader 5, and TradingView.
Leverage differs depending on where you live: it sits at 50:1 in the United States, rises to 200:1 in the US-standard account, and reaches 500:1 under Cayman Islands rules.

Traders can choose from over 80 major and minor currency pairs. Standard accounts charge variable spreads starting around 1.0 pip, while raw or commission accounts feature ultra-tight spreads from zero plus a $5 to $7 fee per 100,000 traded.
Opening an account takes only minutes, thanks to an online form, instant ID checks, and speedy funding options. Support staff are on duty 24 hours a day, five days a week by phone, live chat, or email, plus a large library of tutorials and videos.
Feature | Detail |
---|---|
Minimum Deposit | $100 |
Trading Platforms | MT4, MT5, WebTrader, TradingView |
Leverage | Up to 500:1 (varies by region) |
Total Pairs | 80+ currency pairs |
Trading Fees | Standard or commission-based account options |
Account Activation | Fast; often same day |
Customer Support | 24/5 via chat, phone, email |
7.IG
IG doesnt provide true cent accounts, yet theres no hard minimum for regular FX trading; the standard account does ask for $250. Clients can choose several platforms: IGs own WebTrader and mobile app, MetaTrader 4, ProRealTime, L2 Dealer, or even TradingView for charting.
Leverage varies by location-up to 1:30 in the EU, UK, and Australia, while professional and offshore users can access 1:200 to 1:500.

The broker lists 80 to over 100 FX pairs among more than 17,000 assets. Fees are sharp, with spreads starting around 0.6 pips on EUR/USD and no commission on standard accounts.
Opening an account is easy online and usually completes in seconds or within 24 hours. Support runs 24 hours a day, five days a week by phone, live chat, or email, plus regional offices that speak multiple languages.
Feature | Detail |
---|---|
Minimum Deposit | No minimum for bank transfer; $250 for cards |
Trading Platforms | MT4, IG WebTrader, ProRealTime, L2 Dealer |
Leverage | Up to 1:30 retail; up to 1:200–500 pro |
Total Pairs | 80–100+ currency pairs |
Trading Fees | No commission; spreads from ~0.6 pips |
Account Activation | Fast, within 24 hours |
Customer Support | 24/5 global support |
8.InstaForex
InstaForex is best known for its tiny cent accounts-Cent.Standard and Cent.Eurica-that require only $1 to open. Both accounts run smoothly on MT4, MT5, WebTrader, and all major mobile apps. Leverage reaches 1:1000 across every cent and standard option.

Traders can choose from over 110 currency pairs, so theres plenty of room to diversify. Fees depend on the account: Cent.Standard has no commission but spreads start at 3 pips, while Cent.Eurica carries a 0.03-0.07% fee with tight-zero spreads.
Signup is instant, and both deposits and withdrawals process right away. Support is on duty 24/7 in more than 25 languages, reachable by live chat, email, phone, or social media.
Feature | Detail |
---|---|
Minimum Deposit | $1 |
Trading Platforms | MT4, MT5, WebTrader, mobile |
Leverage | Up to 1:1000 |
Total Pairs | 110+ currency pairs |
Trading Fees | Spread or commission based on account type |
Account Activation | Instant |
Customer Support | 24/7 multilingual support |
9.Plus500
Plus500 the smallest deposit you can make is $100 (or the same amount in another currency). The broker runs its own web, desktop, and mobile applications, so you will not find MetaTrader here. Retail forex leverage tops 1:30, but pro customers can push it to 1:300.

More than sixty currency pairs are available to trade. There are no separate commissions; costs sit inside the spread, which starts around 0.6-1.3 pips on EUR/USD.
Opening an account is quick, as registration takes only a few minutes online. Support agents work twenty-four hours a day via live chat and email, though phone lines are absent; users often commend the fast help in several languages.
Feature | Detail |
---|---|
Minimum Deposit | $100 |
Trading Platforms | Proprietary WebTrader, mobile, desktop |
Leverage | Up to 1:30 retail; 1:300 pro |
Total Pairs | 60+ currency pairs |
Trading Fees | No commission; spreads from ~0.6–1.3 pips |
Account Activation | Minutes |
Customer Support | 24/7 via chat, email (no phone support) |
10.FIBO Group
FIBO Groups MT4 Cent account lets you open a trading door with just one cent; there is no set minimum deposit . On this plan, youll get leverage up to 1,000 . MetaTrader 4 is the platform, and you can also use MT5 or cTrader on other accounts .

You can trade roughly thirty-two to thirty-eight currency pairs inside the cent setup . There is no separate commission; fees appear in tight spreads starting around 0.6 pips . Opening the account takes minutes, and you can fund it straight away by a method that works for you .
Support is on-line twenty-four hours each weekday, speaking many languages over chat, phone, or email, plus FIBO runs regular webinars and quick market notes.
Feature | Detail |
---|---|
Minimum Deposit | No minimum (Cent accounts) |
Trading Platforms | MT4, MT5, cTrader |
Leverage | Up to 1:1000 |
Total Pairs | 30–40 (on cent account); more on others |
Trading Fees | No commission on Cent; spreads from 0.6 pips |
Account Activation | Quick and instant |
Customer Support | 24/5 multilingual, with educational resources |
Conclusion
To wrap things up, Cent accounts are perfect for new traders or folks who dont want to risk much. They let you trade tiny micro lots while putting down only a little money.
Leading brokers such as FBS, InstaForex, FIBO Group, and JustMarkets give generous leverage, easy-to-use platforms, and low start-up costs. They also provide fast account set-up and solid support, so you can jump into the real forex market without hassle.
FAQ
What is a cent account in forex trading?
A cent account allows trading with balances displayed in cents instead of dollars. For example, $10 becomes 1,000 cents, enabling micro-lot trading and reduced risk exposure—ideal for beginners.
Who should use a cent account?
Cent accounts are best for new traders, those testing strategies or EAs, and low-capital traders who want to gain real-market experience with minimal risk.
Do cent accounts offer the same features as standard accounts?
Yes, they usually offer access to similar platforms, instruments, and trading tools but with smaller position sizing.