All Share (J203) = 88 342
Rand / Dollar = 18.57
Rand / Pound = 23.38
Rand / Euro = 19.37
Gold (usd/oz) = 2 936.83
Platinum (usd/oz) = 978.50
Brent (usd/barrel) = 76.67
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

7 Best Forex Brokers with Cent Accounts

Best Brokers With Cent Accounts banner
 

The 7 Best Forex Brokers with a Cent Account revealed. We have rated and reviewed the best Forex Brokers that offer a cent or micro account option.

 

This is a complete listing of The 7 Best Forex Brokers with a Cent Account revealedIn this in-depth write-up you will learn:

 

  • A 10 Best Cent Account Forex Brokers List
  • Best Brokers with Micro Accounts in South Africa
  • Forex Micro Cent Account vs Standard Account
  • The Best Forex Broker for Beginners

 

 

and much, MUCH more!

 

7 Best Forex Brokers with a Cent Account – A Comparison

 

🔎 Broker🪙 Cent / Micro Account💰 Minimum Deposit📊 Leverage (Up to)🚀 Open an Account
🥇 RoboForex✅ Yes$10 USD1:1000👉 Click Here
🥈 HFM☑️ Yes$09 USD1:2000👉 Click Here
🏅 FBS☑️ Yes$1 USD1:1000👉 Click Here
📌 FXTM✅ Yes$10 USD1:1000👉 Click Here
📍 Forex4You☑️ Yes$0 USD1:1000👉 Click Here
📌 Exness✅ YesDepends on payment system1:Unlimited👉 Click Here
📍 XM☑️ Yes$5 USD1:1000👉 Click Here

 

Cent Account – A Definition

 

A Forex Cent account is a trading account on which the balance is displayed and transactions are carried out in cents.  A Forex Cent or Micro account is low-risk.

 

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

 

7 Best Forex Brokers with a Cent Account (2025)

 

  1. RoboForex – Best Cent Account Forex Broker
  2. HF Markets – Best Low Spread Cent Account Broker
  3. FBS – Best Cent Account Broker for Beginners
  4. FXTMMicro Account with $10 USD Minimum Deposit
  5. Forex4You – Low Cent Account Fees
  6. Exness – High User Trust Score
  7. XM – Wide Range of Tradable Markets

 

RoboForex Review

 

RoboForex

 

RoboForex is a trusted Forex Service provider that is regulated by the International Financial Services Commission (IFSC).

 

RoboForex Overview

 

🔎 Broker🥇 Roboforex
⚖️ Regulating AuthoritiesIFSC
🌐 Countries not accepted for tradeUS, Canada, Australia, and Japan
☪️ Islamic account (swap-free)✔️ Yes
👍 Demo Account✔️ Yes
📈 Maximum Leverage1:2000
☎️ Customer Support Hours24/7
☎️ Customer Support ChannelsEmail

Live Chat

Telephone
Range of Markets OfferedForex

Stocks

Indices

ETFs

Commodities

Metals

Energy Commodities
💰 Minimum DepositR180 ZAR / $10 USD
💻 Platform TypesMT4, MT5
🚀 Open an Account👉 Click Here

 

RoboForex Overview

 

RoboForex Cent Account

 

The RoboForex cent (micro) account uses 100x denominated monetary units of the base currency (US Cent, EU Cent, etc.). The trading conditions are equal to those for RoboForex standard accounts.

 

🔎 Broker🥇 RoboForex
📍 AccountCent (Micro)
🪙 Minimum Deposit$10 USD
⛔ Stop Out10%
📎 One-Click Trading✅ Yes
🚀 Open an Account👉 Click Here

 

RoboForex Micro Account

 

RoboForex Pros and Cons

 

✅ Pros ❌Cons
Excellent Asset SelectionLimited Crypto Selection
Wide range of trading instruments (12,000+)High leverage can increase risk for inexperienced traders.
Low minimum deposit (starting at $10 USD)Withdrawal fees can be higher for certain methods.
High leverage available (up to 1:2000)Limited regulatory oversight for some regions.
CopyFX platform for copy tradingBonus programs may be restricted in certain regions.
Fast account setup and funding optionsCustomer support response can be slow during busy times.
Offers VPS hosting for automated tradingNot available to U.S. clients due to regulations.
Free demo accounts availableHigh inactivity fees for dormant accounts.
Tight spreads on ECN accountsSpreads on standard accounts can be wider.
Regular bonuses and promotionsBonus conditions may be complex to fulfill.

 

Min Deposit

USD 10

Regulators

IFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

36

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

HF Markets Review

 

HF Markets

 

HFM is an award-winning forex and commodities broker that is regulated by multiple leading entities including the Financial Sector Conduct Authority (FSCA), the Cyprus Securities and Exchange Commission (CySEC), and the Dubai Financial Services Authority (DFSA).

 

HF Markets Overview

 

🔎 Broker🥇 HFM
⚖️ RegulationFSCA, CySEC, FCA, DFSA, CMA, FSA
💳 Minimum deposit$0
💰 Maximum Leverage1:2000
🔘 Asset TypesForex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies
📊 Trading platformsMT4, MT5, HFM Trading App (Android & IOS)
💳 Supported lot0.01 - 500
💳 Demo☑️ Yes
📈Products OfferedFocus on Volatility 75 Index (VIX) CFD
👥Account TypesCent Account, Zero Account, Pro Plus Account, Pro Account, Premium Account
💻Trading PlatformsMT4, MT5, HFM Platform
📚Educational ResourcesWebinars, articles, tutorials
☎️Customer Support24 hours, 5 days a week
📍FocusPotentially suited for experienced traders due to the focus on the volatile VIX. Consider your trading experience and risk tolerance.
📌Important NoteThorough research on Conduct thorough research on HFM South Africa's specific regulations, educational resources, customer support options, and potential ZAR funding options before opening an account.
🚀 Open an Account👉 Open Account

 

HF Markets Detailed Summary

 

HF Markets Cent Account

 

The HF Markets Micro Account is specifically designed for investors who are new to the Forex Market.  The HFM Micro account will allow investors to trade smaller trade sizes and open an account with a lower minimum deposit.

 

🔎 Broker🥇 HF Markets
📌 AccountMicro
💰 Minimum Deposit$5 USD
🔁 SpreadsFrom 1 pip
📊 Maximum Leverage1:1000
🪙 Account CurrencyUSD / ZAR
🚀 Open an Account👉 Click Here

 

HF Markets Micro Account

 

HF Markets Pros and Cons

 

✅ Pros❌ Cons
FSCA Regulated US clients not accepted
Fast and easy account openingHigh bank withdrawal fees
Low trading feesInactivity fee after one year

 

Min Deposit

USD 0 / ZAR 0

Regulators

FSCA, DFSA, FSC, CMA. FCA

Trading Platform

MT4, MT5, HFM Platform

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

No Trading Fees

Account Activation

24 Hours

 

FBS - Review

 

FBS

 

FBS is an award-winning, international broker with a global presence in over 150 countries across the world.  The FBS global branch is run by FBS Markets Inc and regulated by the International Financial Services Commission of Belize (IFSC).

 

FBS Overview

 

🔎 Broker🥇 FBS
💰 Bonus ☑️ Yes
📌 RegulationIFCS
☪️ Islamic account ☑️ Yes
👍 Demo Account✅ Yes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:3000
💰 Minimum Deposit$1 USD
🚀 Open an Account👉 Click Here

 

FBS Overview

 

FBS Cent Account

 

The FBS Cent account is a trading account on which the balance will be displayed in cents. Transactions on the FBS Cent Account will also be carried out in cents. Trading on the FBS Cent account is low-risk.

 

🔎 Broker🥇 FBS
📌 AccountCent Account
💰 Minimum Deosit$1 USD
🪙 Commission$0 USD
📊 Leverage1:1000
🚀 Open an Account👉 Click Here

 

FBS Cent Account

 

FBS Pros and Cons

 

✅ Pros❌ Cons
Low stock and stock index CFD feesSlim product portfolio
No inactivity feeLimited account base currencies
Fast account openingLimited Investor Protection

 

Overall Rating

Min Deposit

USD $5

Regulators

FSC, ASIC, CySEC

Trading Platform

MT4, MT5, FBS App

Crypto

Yes

Over 27 000 000+ Traders

Total Pairs

550+

Islamic Account

Yes

Trading Fees

Low

Account Activation

Instant

 

ForexTime Review

 

FXTM

 

FXTM is a global CFD and FX broker. FXTM is regulated by several financial authorities and customer service is offered in several languages.  Furthermore, multiple educational tools plus a demo account are made available.

 

FXTM Overview

 

🔎 BrokerFXTM
📌 RegulationFSCA, FSC, CySEC,
☪️ Islamic Account Yes
🆓 Demo AccountYes
📍 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:2000
💰 Minimum Deposit$200
📌 Open an AccountOpen Account

 

FXTM Overview

 

FXTM Cent Account

 

The FXTM Micro Account is designed for traders who want a real trading experience, but are hesitant about making a big initial deposit.

 

🔎 Broker🥇 FXTM
📌 AccountCent Account
💰 Minimum Deposit$10 USD
💵 CommissionZero
⛔ Stop Out40%
☪️ Swap Free✅ Yes
🚀 Open an Account👉 Click Here

 

FXTM Micro Account

 

FXTM Pros and Cons

 

✅ Pros❌ Cons
Fast execution speedsBonus programs might be restricted in some regions.
High leverage (up to 1:2000)High leverage can increase risk, especially for beginners.
Tight spreads on ECN accountsLower leverage options for EU/UK clients due to regulations (1:30 for retail traders).
Access to MetaTrader 4 & 5High inactivity fees if the account is dormant.
Good educational resourcesCustomer support can sometimes be slow during peak times.
Regulated by several authorities (FCA, CySEC, FSCA)Limited product offering outside Forex (fewer stocks and indices).

 

Min Deposit

USD 200

Regulators

FCA, FSC, FSCA

Trading Platform

MT4, MT5, FXTM Trader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Forex4you Review South Africa

 

Forex4You

 

Forex4You is a popular and trusted NDD and STP broker with a solid reputation.  Forex4You provides access to Contracts for Difference (CFDs) and trading facilities.

 

Forex4You Overview

 

🔎 Broker🥇 Forex4You
📝 RegulationBVI FSC
💰 Minimum Deposit$0 USD
🔁 Average Spread0.1 Pips
💳 Commission from$8 USD
🚩 Deposit / Withdrawal Fees✅ Yes
📈 Max Leverage1:1000
🎉 BonusesYes
🤝 Customer Support✅ 24/7
⭐ Demo Account✅ Yes
📌 Account TypesCent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard
📱 Mobile Trading✅ Yes
🎁 Bonus Offers✅ Yes
🚀 Open an Account👉 Click Here

 

Forex4You Overview

 

Forex4You Cent Account

 

The Forex4You Cent account is the best account choice for traders who wish to practice trading or to test new strategies, advisors, and indicators.

 

🔎 Broker🥇 Forex4You
📌 AccountCent Account
💰 Minimum Deposit$0 USD
💵 CommissionZero
☪️ Swap FreeNo
🚀 Open an Account👉 Click Here

 

Forex4You Cent Account

 

Forex4You Pros and Cons

 

✅Pros❌Cons
Trading Central technical analysisLimited regulation
Social trading supportedLimited education
Multiple account types offeredLimited financial instruments
AutoChartist offeredNumerous countries restricted

 

Min Deposit

USD 0

Regulators

BVI FSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Exness Review

 

Exness

 

Overall, Exness can be summarised as a trustworthy and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and offers a sign-up bonus for 1st-time traders.

 

Exness Overview

 

🔎 Broker🥇 Exness
📝 RegulationMultiple
💻 Trading DeskMarket Maker, NDD
🎉 Sign Up BonusNone
➖ Min. Deposit from$10 USD
🔁 Spreads from0.1 Pips
➕ Max Leverage1:2000
💳 CommissionYes
🛑 Inactivity FeeNo
🚀 Open an Account👉 Click Here

 

Exness Overview

 

Exness Cent Account

 

The Exness Standard Cent Account is designed for traders who are new to the financial markets.

 

🔎 Broker🥇 Exness
📌 AccountStandard Cent
💰 Minimum DepositDepends on Payment System
🔁 Spread0.3 Pips
📊 Maximum Leverage1:Unlimited
⚙️ InstrumentsForex / Metals
🚀 Open an Account👉 Click Here

 

Exness Cent Account

 

Exness Pros and Cons

 

✅ Pros❌ Cons
Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutionsThere is a limited portfolio of financial instruments offered
Traders can choose between several retail investor accountsExness offers a limited number of payment methods that can be used for deposits and withdrawals

 

Min Deposit

USD 10

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Platform

MT4, MT5, WebTerminal, Exness Terminal

Crypto

Yes

Total Pairs

97

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

XM.com Review

 

XM

 

XM Group is a MetaTrader-only broker that is known to offer an outstanding selection of high-quality educational content and market research.

 

XM Overview

 

🔎 Broker🥇 XM
💰 Min. Deposit$5 USD
✒️ RegulationFSC / CySEC
💸 Trading Fee ClassLow
❌ Inactivity Fee☑️ Yes
💳 Withdrawal FeeNo
🆓 Demo Account✅ Yes
🚀 Open an Account👉 Click Here

 

XM Overview

 

XM Cent Account

 

The XM Micro Account is best to beginner traders who wish to take the step from Demo to Live Trading.

 

🔎 Broker🥇 XM
📌 AccountMicro
💰 Minimum Deposit$5 USD
☪️ Islamic AccountOptional
🔁 Spreads1 Pip
🚀 Open an Account👉 Click Here

 

XM Cent Account

 

XM Pros and Cons

 

✅ Pros❌ Cons
Fast digital account openingAccount types vary according to jurisdiction

 

Min Deposit

USD 5

Regulators

FSC, CySEC, ASIC,

Trading Platform

MT4, MT5

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Conclusion

 

👉 Now it is your turn to participate:

 

➡️ Which Forex Broker with a Cent Account from this list do you intend to test out?

➡️ What was the determining factor in your decision to engage with a certain broker?

➡️ Was it because of the Cent/Micro account on offer or the Pros and Cons?

 

👉 Regardless, please share your thoughts in the comments below.

 

 

You might also like:  RoboForex Review

You might also like:  HF Markets Review

You might also like:  FBS Review

You might also like:  FXTM Review

You might also like:  Exness Review

 

 

Frequently Asked Questions

 

 

What is the minimum deposit required to open a Cent Account with a Forex broker?

 

The minimum deposit required to open a cent account with a forex broker can vary depending on the broker. Some brokers may require a minimum deposit of $1 or less, while others may require a minimum deposit of $100 or more.

 

What is the risk level of using a Forex Cent or Micro Account?

 

The risk level of using a cent or micro account in forex trading is considered to be higher than that of a standard account. This is because the smaller trade sizes and lower capital requirements of these accounts can lead to overtrading and poor risk management.

 

Who is the most popular Forex Broker with a Cent Account ?

 

According to research, HF Markets is the most popular Micro Account Broker.

 

For what type of forex trader is a cent or micro forex account best suited and why?

 

A cent or micro forex account is best suited for new or inexperienced traders who want to start trading with a small amount of capital. These types of accounts allow traders to trade with very small trade sizes and low capital requirements, which can be beneficial for those who are still learning the ropes of the market and testing their strategies. They also allow traders to gain experience in the market without risking large amounts of capital.

 

How do I choose a forex cent account broker?

 

When choosing a forex cent account broker, it’s important to consider factors such as the broker’s reputation, the trading platform they offer, the available currency pairs, the amount of leverage offered, the customer service and support, and the fees and commissions. It’s also important to read reviews and compare the offerings of multiple brokers before making a decision.

4.6/5 - (19 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

January 25, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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