Today’s financial markets offer a lot of moneymaking opportunities. Forex is no exception. Indeed, trading currencies can be profitable provided that you have decent knowledge and skills. A couple of decades ago, Forex used to be available only to major institutional investors (like banks, hedge funds and other financial institutions) operating millions of dollars. Today’s Forex is the biggest market with huge daily turnover (trillions of dollars). In this ocean of money, you can find your own island of profit.
Moreover, today’s Forex trading industry is evolving at an immense pace. As it becomes more and more competitive, broking companies start offering unprecedented bonuses, simultaneous improving the quality of their services and offering some of the most competitive trading conditions. They become truly client-oriented as only this orientation can ensure success in the long run.
Obviously, Forex trading is a risky business. However, it can be profitable. Even if you are a beginning trader and are making your first step in the trading environment, these days you don’t need thousands of dollars (as it used to be). You can start really small… $10, $50… $100… by opening a cent account. Even if you are an experienced trader who wants to test a new trading strategy or approach in the genuine trading environment, you can still use cent accounts for that purpose. RoboForex is one of those client-oriented broking companies that offer cent accounts.
Cent Accounts
According to Eugene Olkhovsky, ’s leading expert in financial markets from Canada, cent accounts are popular mainly because they help rookies to learn the ABC and specifics of Forex trading without risking too much money (especially such amounts that they cannot afford to lose in worst-case scenarios). Moreover, demo trading cannot teach a person wise risk management and a winning trader’s psychology. More often than not, demo trading turns into gambling because people are aware of the fact that they do not risk anything. Therefore, cent accounts are a perfect solution for beginners – low risk combined with efficiency (the genuine trading environment makes the trading process more efficient). As a result, beginners can turn into professional much faster by gradually increasing their trading lots (provided that they use winning strategies).
These days, Forex brokers offer cent accounts with tempting conditions. However, most of them are interested in just taking a few bucks away from rookies. Few brokers really value the potential hidden in some of those beginners that come to trade Forex. Only truly client-oriented companies that are interested in long-term cooperation with successful traders can actually help beginners to grow into those winning professionals. Therefore, they strive to offer the industry’s most competitive services, including ECN trading.
RoboForex is one of those client-oriented companies. By the way, RoboForex was recognized Best Broker For Automated Trading 2012 (). This broker managed to offer profession trading conditions for beginners by introducing Pro-Cent (Forex micro accounts on Pro conditions).
Pro-Cent: Perfect Option For Beginners
The Trading Accounts page of the company’s official website reads:
Open a Forex Trading Account
An effective trading system is a result of years of work and depends on trading conditions offered by a broker. The RoboForex understands the fact that any system can operate only under certain conditions; that’s why we created a wide range of online forex accounts which can meet the demands and requirements of any trader.
The RoboForex offers you the following types of Forex trading accounts: Fix-Cent (Forex micro accounts), Fix-Standard (Standard forex mini accounts), Pro-Cent (Forex micro accounts on Pro conditions), Pro-Standard, as well as Forex accounts for professional traders: ECN-Pro NDD и ECN-Fix NDD.
Pro-Cent
Forex account features:
floating spread, 5 digits after comma, the Market Execution mode for order execution (forex pro)
The main features:
Pro-Cent (Forex Micro) forex account is a specific type of trading account intended for those clients who would like to try real trading conditions at the interbank market. The RoboForex is counterparty to the transactions on these accounts, but the client's order is executed as if the orders are passed on to a Prime Broker by means of a Bridge. Thus, using a specific Engine developed by RoboForex, we allow our clients to test "real Forex" without involving large amounts of money.
For more details, please visit the company’s official website.
