WHAT MAKES EXNESS CENT ACCOUNT BECOME THE BEST ACCOUNT FOR FOREX TRADING BEGINNERS?
BRKV - Honestly, when it comes to forex trading, it is demonstrated by some research that nearly 100% beginners failed when they trade for the first time because it is very complex for them. Therefore, some people strongly recommend that beginners should start with best forex broker demo account. They are also suggested practicing with this demo account several months before investing by their real money. In my opinion, I think that this is not a bad advice, but this is definitely not the best one. Because it is shown that the more you succeed with demo account, the more you lose with real accounts. Brokers are the people who want you win with demo account so they usually offer better trading conditions for demo account, such as: lower spread, lower volatility, better execution and prices… Most forex trading beginners will become over confident when they win a lot of money from demo account. Therefore, they will think that they can handle with real account but they don’t know that real account is very different from demo account. So, they have to restart practicing with real account after several months of working with demo account. Actually, it takes time and money to learn to trade one more time. For some beginners, it even takes more time to study real trading account because of this first wrong way.
So, I really think that you should begin with the right trading way, which is using real trading account from the beginning. Besides, from my point of view, beginners has better choose Cent account for many reasons such as:
– Cent account is a real account. So, trading Cent account means you are trading in real trading conditions: real spread, real prices, real volatility, slippage… So, if you win with Cent account, you can win with other real account types.
– Trading Cent account will help you become disciplined. Because if you don’t obey the rules of risk management, you will lose all of your fund instantly.
– Cent account is the best account for beginners because you are trading Cent Dollars. You can deposit 10$ and get 1000 USC in your account. For this 1000 USC, you can open loads of orders to practice trading. This is a real account so you can withdraw all your money and profit whenever you want. You may lose all your 10$ deposit. But it’s just 10$, which is too little for you to practice trading in real trading conditions. Moreover, because you are trading with your real money, you should study harder in order to improve your trading ability faster.
Why Exness Cent account is the best for forex trading beginners?
Although big forex brokers usually don’t offer Cent accounts it doesn't mean that I recommend you to trade with small brokers who offer Cent account. As I have said, brokers who are well-known offer better trading conditions and they are obviously more reliable. However, Exness is different. It is one of the biggest retail forex brokers in the world offering Cent account. If you want to know their trading volume, click here.
Please take notice of the fact that their report was audited by Deloitte, which is known as one of the most famous and independent audit companies. So, you can wholeheartedly trust these reports. Click here to see more
Because beginners aren’t the people who they want to target at, they restrict the number of orders, however, it’s still enough for you to practice within 1 to 2 months with the best broker and best trading conditions. I will let you know why Exness Cent account is the best for you:
– Firstly, Exness is the biggest retail forex broker. So, they are very famous and they have the best reputation, you can completely put your faith in this broker. Click here to see more.
– Next, Exness Cent account don’t require for minimum deposit. You can completely deposit as low as $1 or whatever you want. This is really important because most of the beginners don’t want to deposit too much money in the beginning. Click here to see more
– Thirdly, you can open positions at as low as 0.01 Cent or 0.0001$. You should know that this is the lowest minimum position value in the market. The lower the order’s value is, the better, because you are just a beginner and 90% chance that you will lose. The purpose of this step is only practicing. So, it can be understood that the lower the order’s value is, the more orders you can practice with. Because of this low minimum order value, you can practice from 1 – 3 months with just $10.
– Fourthly, Exness Cent account offers the highest leverage. There is no doubt that the higher the leverage, the lower the margin. So, you will have more free margins to keep your orders open.
– Fifthly, you can deposit and withdraw from Cent account by local payment methods or by banks immediately. It’s very easy and convenient. Because you are just beginners, so the easier, the better.
– Finally, Exness will help you with various languages, which is very important for beginners because forex trading is very hard and complicated. I know that you will have a lot of questions and it is lucky that only local language speaking supporters of Exness can help you to deal with this problem. Moreover, Exness provides many countries in their local languages such as: China, Thailand, Vietnam, Malaysia, Saudi Arabia, Iran, and English-speaking countries… So, it’s very convenient for you if you speak these languages.
How to open Exness Cent account?
You can open Exness Cent account by clicking here.
Opening Exness Cent account is very easy for everybody, all you need is to have an email and a phone number and you just need to spend less than one minute to complete registration. So, don’t hesitate to give it a try.
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