
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 revealed. In 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 USD | 1:1000 | 👉 Click Here |
🥈 HFM | ☑️ Yes | $09 USD | 1:2000 | 👉 Click Here |
🏅 FBS | ☑️ Yes | $1 USD | 1:1000 | 👉 Click Here |
📌 FXTM | ✅ Yes | $10 USD | 1:1000 | 👉 Click Here |
📍 Forex4You | ☑️ Yes | $0 USD | 1:1000 | 👉 Click Here |
📌 Exness | ✅ Yes | Depends on payment system | 1:Unlimited | 👉 Click Here |
📍 XM | ☑️ Yes | $5 USD | 1:1000 | 👉 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
7 Best Forex Brokers with a Cent Account (2025)
- RoboForex – Best Cent Account Forex Broker
- HF Markets – Best Low Spread Cent Account Broker
- FBS – Best Cent Account Broker for Beginners
- FXTM – Micro Account with $10 USD Minimum Deposit
- Forex4You – Low Cent Account Fees
- Exness – High User Trust Score
- XM – Wide Range of Tradable Markets
RoboForex
RoboForex is a trusted Forex Service provider that is regulated by the International Financial Services Commission (IFSC).
RoboForex Overview
🔎 Broker | 🥇 Roboforex |
⚖️ Regulating Authorities | IFSC |
🌐 Countries not accepted for trade | US, Canada, Australia, and Japan |
☪️ Islamic account (swap-free) | ✔️ Yes |
👍 Demo Account | ✔️ Yes |
📈 Maximum Leverage | 1:2000 |
☎️ Customer Support Hours | 24/7 |
☎️ Customer Support Channels | Email Live Chat Telephone |
Range of Markets Offered | Forex Stocks Indices ETFs Commodities Metals Energy Commodities |
💰 Minimum Deposit | R180 ZAR / $10 USD |
💻 Platform Types | MT4, MT5 |
🚀 Open an Account | 👉 Click Here |
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 |
📍 Account | Cent (Micro) |
🪙 Minimum Deposit | $10 USD |
⛔ Stop Out | 10% |
📎 One-Click Trading | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
RoboForex Pros and Cons
✅ Pros | ❌Cons |
Excellent Asset Selection | Limited 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 trading | Bonus programs may be restricted in certain regions. |
Fast account setup and funding options | Customer support response can be slow during busy times. |
Offers VPS hosting for automated trading | Not available to U.S. clients due to regulations. |
Free demo accounts available | High inactivity fees for dormant accounts. |
Tight spreads on ECN accounts | Spreads on standard accounts can be wider. |
Regular bonuses and promotions | Bonus 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
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 |
⚖️ Regulation | FSCA, CySEC, FCA, DFSA, CMA, FSA |
💳 Minimum deposit | $0 |
💰 Maximum Leverage | 1:2000 |
🔘 Asset Types | Forex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies |
📊 Trading platforms | MT4, MT5, HFM Trading App (Android & IOS) |
💳 Supported lot | 0.01 - 500 |
💳 Demo | ☑️ Yes |
📈Products Offered | Focus on Volatility 75 Index (VIX) CFD |
👥Account Types | Cent Account, Zero Account, Pro Plus Account, Pro Account, Premium Account |
💻Trading Platforms | MT4, MT5, HFM Platform |
📚Educational Resources | Webinars, articles, tutorials |
☎️Customer Support | 24 hours, 5 days a week |
📍Focus | Potentially suited for experienced traders due to the focus on the volatile VIX. Consider your trading experience and risk tolerance. |
📌Important Note | Thorough 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 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 |
📌 Account | Micro |
💰 Minimum Deposit | $5 USD |
🔁 Spreads | From 1 pip |
📊 Maximum Leverage | 1:1000 |
🪙 Account Currency | USD / ZAR |
🚀 Open an Account | 👉 Click Here |
HF Markets Pros and Cons
✅ Pros | ❌ Cons |
FSCA Regulated | US clients not accepted |
Fast and easy account opening | High bank withdrawal fees |
Low trading fees | Inactivity 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
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 |
📌 Regulation | IFCS |
☪️ Islamic account | ☑️ Yes |
👍 Demo Account | ✅ Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1:3000 |
💰 Minimum Deposit | $1 USD |
🚀 Open an Account | 👉 Click Here |
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 |
📌 Account | Cent Account |
💰 Minimum Deosit | $1 USD |
🪙 Commission | $0 USD |
📊 Leverage | 1:1000 |
🚀 Open an Account | 👉 Click Here |
FBS Pros and Cons
✅ Pros | ❌ Cons |
Low stock and stock index CFD fees | Slim product portfolio |
No inactivity fee | Limited account base currencies |
Fast account opening | Limited Investor Protection |
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
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
🔎 Broker | FXTM |
📌 Regulation | FSCA, FSC, CySEC, |
☪️ Islamic Account | Yes |
🆓 Demo Account | Yes |
📍 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1:2000 |
💰 Minimum Deposit | $200 |
📌 Open an Account | Open Account |
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 |
📌 Account | Cent Account |
💰 Minimum Deposit | $10 USD |
💵 Commission | Zero |
⛔ Stop Out | 40% |
☪️ Swap Free | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
FXTM Pros and Cons
✅ Pros | ❌ Cons |
Fast execution speeds | Bonus 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 accounts | Lower leverage options for EU/UK clients due to regulations (1:30 for retail traders). |
Access to MetaTrader 4 & 5 | High inactivity fees if the account is dormant. |
Good educational resources | Customer 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
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 |
📝 Regulation | BVI FSC |
💰 Minimum Deposit | $0 USD |
🔁 Average Spread | 0.1 Pips |
💳 Commission from | $8 USD |
🚩 Deposit / Withdrawal Fees | ✅ Yes |
📈 Max Leverage | 1:1000 |
🎉 Bonuses | Yes |
🤝 Customer Support | ✅ 24/7 |
⭐ Demo Account | ✅ Yes |
📌 Account Types | Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard |
📱 Mobile Trading | ✅ Yes |
🎁 Bonus Offers | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
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 |
📌 Account | Cent Account |
💰 Minimum Deposit | $0 USD |
💵 Commission | Zero |
☪️ Swap Free | No |
🚀 Open an Account | 👉 Click Here |
Forex4You Pros and Cons
✅Pros | ❌Cons |
Trading Central technical analysis | Limited regulation |
Social trading supported | Limited education |
Multiple account types offered | Limited financial instruments |
AutoChartist offered | Numerous 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
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 |
📝 Regulation | Multiple |
💻 Trading Desk | Market Maker, NDD |
🎉 Sign Up Bonus | None |
➖ Min. Deposit from | $10 USD |
🔁 Spreads from | 0.1 Pips |
➕ Max Leverage | 1:2000 |
💳 Commission | Yes |
🛑 Inactivity Fee | No |
🚀 Open an Account | 👉 Click Here |
Exness Cent Account
The Exness Standard Cent Account is designed for traders who are new to the financial markets.
🔎 Broker | 🥇 Exness |
📌 Account | Standard Cent |
💰 Minimum Deposit | Depends on Payment System |
🔁 Spread | 0.3 Pips |
📊 Maximum Leverage | 1:Unlimited |
⚙️ Instruments | Forex / Metals |
🚀 Open an Account | 👉 Click Here |
Exness Pros and Cons
✅ Pros | ❌ Cons |
Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutions | There is a limited portfolio of financial instruments offered |
Traders can choose between several retail investor accounts | Exness 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
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 |
✒️ Regulation | FSC / CySEC |
💸 Trading Fee Class | Low |
❌ Inactivity Fee | ☑️ Yes |
💳 Withdrawal Fee | No |
🆓 Demo Account | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
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 |
📌 Account | Micro |
💰 Minimum Deposit | $5 USD |
☪️ Islamic Account | Optional |
🔁 Spreads | 1 Pip |
🚀 Open an Account | 👉 Click Here |
XM Pros and Cons
✅ Pros | ❌ Cons |
Fast digital account opening | Account types vary according to jurisdiction |
Min Deposit
USD 5
Regulators
FSC, CySEC, ASIC,
Trading Platform
MT4, MT5
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.
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