What is a Cent Lot in CFD for Cent CFDs Account?

Definition of What is the Lot Size for CFD Cent Lots

1 Cent lot is equivalent of 100 units of the base lot of cfd instrument - Lot size for Cent lots is therefore 100 Units of base cfd

Cent lot is equal to one tenth of the Micro cfd lot. The Cent lot volume in trading is therefore specified as 0.01 on the cfds trading software.

To Specify a Cent Lot for trading in the MetaTrader 4 cfd Platform, use MetaTrader 4 open cfd orders tutorial explained below:

To set these cfd orders on the MT4 Platform: open MT4, open a "cfds trading chart", right click on the "cfds trading chart', choose 'New Order' and then choose the order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The CFD Quote you want to trade and then below the cfd Symbol, Select the trade "Volume" as 0.001 to specify Cent Lot.

How to Open a CFD Cent Lot on MT4 Cent CFD Account

CFD Cent CFD Account Definition - the definition of a cfd Cent cfd account is an account type where cfd traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of the base lot of cfd.

The Cent cfd trading account allows many retail cfds traders to access the cfd market because with this cfd account traders can trade smaller cfd lots referred to as Cent lots therefore the capital needed to open this Cent cfd account isn't a lot as that required for opening a standard cfds trading account.