Does JustMarkets Have a Cent Account? Account Types Explained 2026

JustMarkets offers a Standard Cent account from $10 with balances in US cents. See how cent lots work, how it compares with Standard, Pro and Raw Spread, and which account type suits your budget and style.

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Yes, there is a JustMarkets cent account. It is called the Standard Cent account, and it is one of four live account types alongside Standard, Pro and Raw Spread. A Standard Cent account is denominated in US cents (USC), so a $10 deposit, the minimum, shows as 1,000 USC on your balance. It runs on MT4 and MT5, charges no commission, offers spreads from 0.3 pips and covers forex and commodities. It is designed for beginners and for anyone who wants to trade real money in very small sizes before scaling up.

Knowing that the cent account exists is the easy part. Choosing well means understanding how cent balances and cent lots work, what you give up compared with the other accounts, how costs compare between commission-free and raw-spread pricing, and when it makes sense to move up. This guide explains all four JustMarkets account types side by side, with tables, worked hypothetical examples, a step-by-step guide to opening a cent account, and the mistakes people commonly make when picking an account.

The conditions quoted come from JustMarkets' account pages and help centre at the time of writing. Trading conditions change, so treat the figures as a snapshot and confirm them on the official site before you trade.

If you already know you want to start small, you can open a Standard Cent account with JustMarkets and use the sections below to set it up sensibly.

Does JustMarkets Have a Cent Account? The Standard Cent Explained

The Standard Cent account is JustMarkets' answer to a common problem: demo trading teaches the mechanics but not the emotions, while a normal live account can expose a beginner to more risk than they are ready for. By measuring the balance in cents, the cent account lets you place trades worth a fraction of a standard micro lot, so each pip of movement costs or earns very little in real money.

Standard Cent account specifications

FeatureStandard Cent (as published by JustMarkets)
PlatformsMetaTrader 4 and MetaTrader 5
Minimum deposit$10
Account currencyUSC (US cents)
SpreadFrom 0.3 pips
CommissionNone
InstrumentsForex and commodities
Maximum leverageUp to 1:3000 (international entities)
Minimum trade size0.01 cent lot
Maximum trade size1,000 cent lots (in steps of 0.01)
Maximum open positions and pending ordersListed as 30/1000
Margin call / stop-out40% / 20%
ExecutionMarket execution
Swap-free optionAvailable
Symbol suffix in MetaTrader.c (for example EURUSD.c)

The position limit is shown as "30/1000" on JustMarkets' account page, where a footnote explains that the value represents the maximum number of simultaneously open positions and pending orders. The page does not spell out what each of the two numbers refers to, so if you run strategies with many simultaneous orders, ask support which limit applies to your platform before relying on it.

How a Cent Account Works: Cents, Cent Lots and Pip Values

The key to understanding a cent account is that the arithmetic is identical to a normal account; only the unit changes. Everything is shown in cents instead of dollars.

You depositYour Standard Cent balance showsEquivalent in dollars
$101,000 USC$10.00
$505,000 USC$50.00
$10010,000 USC$100.00
$50050,000 USC$500.00

Because the balance is expressed in cents, a trade sized at 1 cent lot behaves, in dollar terms, like a much smaller position on a standard account. On typical cent account conventions, 1 cent lot corresponds to 1,000 units of the base currency, the same exposure as 0.01 lot (a micro lot) on a standard account. That would make the 0.01 cent lot minimum equivalent to just 10 units, a tiny exposure, and the 1,000 cent lot maximum equivalent to about 10 standard lots. Check the contract specification for each symbol in MetaTrader to confirm the exact contract size on your account.

Hypothetical pip value example

Hypothetical, for illustration only. Assume 1 cent lot on EURUSD.c corresponds to 1,000 euros of exposure. One pip (0.0001) on 1,000 units is worth about 0.10 dollars, which the cent account displays as about 10 USC. So:

  • 0.10 cent lot: a 20-pip move changes your balance by about 20 USC (20 cents).
  • 1 cent lot: a 20-pip move changes your balance by about 200 USC ($2).
  • 10 cent lots: a 20-pip move changes your balance by about 2,000 USC ($20).

Seeing "2,000" move on screen when the real change is $20 can feel dramatic at first. That is part of the point: you experience the psychology of watching numbers move while the real money at stake stays small.

All Four JustMarkets Account Types Explained

JustMarkets groups its accounts into "Standard accounts" (Standard Cent and Standard) and "Professional accounts" (Pro and Raw Spread). All four are available on MT4 and MT5, all use market execution, and all share the same margin call (40%) and stop-out (20%) levels.

Standard Cent

The entry-level live account described above. Best for first real-money trading, testing Expert Advisors with small amounts, and practising risk management. Its main limitations are the narrower instrument list (forex and commodities only) and the fact that some promotional features exclude it; for example, JustMarkets' Rewards Hub help pages state that the Trading Fee Rebate Voucher applies only to real MT accounts excluding Standard Cent.

Standard

JustMarkets calls the Standard account its most popular. It has the same $10 minimum and from-0.3-pip spreads as the cent account, no commission, and a far broader range: forex, indices, commodities, stocks and crypto. Balances are held in one of 13 currencies (USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED and NGN). Trade sizes run from 0.01 to 100 standard lots, with a position limit listed as 100/500. The broker describes it as suitable for daily-chart trading and non-aggressive intraday trading, with no restrictions on trading strategies.

Pro

The Pro account requires a $200 minimum deposit and offers tighter spreads, from 0.1 pips, still with no commission. It covers the same five instrument groups and the same 13 account currencies, with sizes from 0.01 to 100 lots. JustMarkets positions it for experienced traders who want lower spreads without paying a separate commission.

Raw Spread

The Raw Spread account also needs $200 to open. Spreads start from 0.0 pips, and a commission of $3 per lot per side is charged (the help centre lists $3.5 per lot per side for XAUUSD and XAGUSD). If the account currency is not USD, the USD-equivalent commission is charged. JustMarkets describes it as the account many scalpers and short-term traders choose. If that is your style, read our guide on whether JustMarkets allows scalping too.

JustMarkets Account Types Compared Side by Side

FeatureStandard CentStandardProRaw Spread
Minimum deposit$10$10$200$200
Account currencyUSC13 currencies13 currencies13 currencies
Spread from0.3 pips0.3 pips0.1 pips0.0 pips
CommissionNoneNoneNone$3/lot/side ($3.5 on gold and silver)
InstrumentsForex, commoditiesForex, indices, commodities, stocks, cryptoForex, indices, commodities, stocks, cryptoForex, indices, commodities, stocks, crypto
Min / max trade0.01 / 1,000 cent lots0.01 / 100 lots0.01 / 100 lots0.01 / 100 lots
Position limit (as listed)30/1000100/500100/500100/500
Max leverage (international)1:30001:30001:30001:3000
Margin call / stop-out40% / 20%40% / 20%40% / 20%40% / 20%
Swap-free optionAvailableAvailableAvailableAvailable
MT4 / MT5BothBothBothBoth
Symbol suffix.c.m (.std on indices).s (none on shares).ecn (none on shares)

A few patterns stand out. The two $10 accounts share pricing but differ in currency unit and instruments. The two $200 accounts trade a spread-only model (Pro) against a raw-spread-plus-commission model (Raw Spread). And the risk mechanics, margin call and stop-out, are identical everywhere, so moving between account types does not change how close you are to an automatic close-out for a given margin level.

Comparing Costs: Spread-Only vs Raw Spread Plus Commission

"From 0.3 pips" and "from 0.0 pips plus commission" are hard to compare in the abstract. The way to compare is to convert everything into a cost per round-turn lot.

Hypothetical cost comparison

Hypothetical figures for illustration. Advertised spreads are minimums; actual spreads float and are usually wider, especially outside the most liquid hours. Suppose on a given day EURUSD trades at these average spreads:

AccountAssumed average spreadSpread cost per 1 lot (about $10 per pip)Commission per round turnTotal per round-turn lot
Standard1.2 pips$12$0$12
Pro0.7 pips$7$0$7
Raw Spread0.2 pips$2$6 ($3 per side)$8

In this made-up example, Pro and Raw Spread are close, while Standard is the most expensive per lot. The real answer for you depends on actual spreads on the instruments and hours you trade, which you can measure directly. Open a demo of each account type, record the spread at the times you usually trade for a week, and plug the averages into this table. The cent account's costs follow the Standard model, scaled down to cent lots.

Why costs matter more for some traders

  • Frequent, short-term traders pay costs many times a day, so a one-pip difference compounds quickly.
  • Swing and position traders trade less often, so swaps on overnight positions can matter more than spreads.
  • Small-balance traders are mostly concerned with keeping position sizes tiny, which is where the cent account's lot conventions help more than any spread difference.

Which JustMarkets Account Type Is Right for You?

If you are...ConsiderWhy
Brand new and moving from demo to real moneyStandard CentTiny real positions, $10 minimum, cent balances
Testing an Expert Advisor with real executionStandard CentReal fills at very low risk
A beginner who wants indices, stocks or cryptoStandardSame $10 minimum, wider instrument list
Trading occasionally with a balance under $200StandardCommission-free and simple
Depositing $200 or more and trading regularlyProTighter spreads, no commission to calculate
Scalping, high-frequency or very short-term tradingRaw SpreadRaw pricing; commission often cheaper than wider spreads at high volume
Holding trades overnight and needing to avoid swapsAny type with the swap-free optionSwap-free is available on all four types, subject to conditions

A simple decision path

  1. Is your first real deposit under $200? If yes, choose between Standard Cent and Standard. If no, consider all four.
  2. Do you need instruments other than forex and commodities? If yes, rule out Standard Cent.
  3. Do you want the smallest possible real position size? If yes, Standard Cent.
  4. With $200 or more, do you trade very frequently? If yes, compare Raw Spread against Pro using real spread measurements. If not, Pro or Standard is usually simpler.

You are not locked in for life. JustMarkets lets you open as many trading accounts as you need inside one Personal Area, so you can run a cent account and a Standard account at the same time. Before choosing, it is worth viewing the live conditions; you can compare all four JustMarkets account types on the official site and check whether anything has changed since this guide was written.

Swap-Free (Islamic) Versions of Each Account

All four account types can be made swap-free. JustMarkets explains that the swap-free option is available for Muslim clients and for clients with an Extended swap-free level, and that there are two swap-free levels, Extended and Standard. With the Extended level, swaps are not charged on most instruments. To convert a Standard Cent, Standard, Pro or Raw Spread account to swap-free, you contact the support team, and you can check your swap-free status in the Personal Area.

Swap-free conditions are worth reading carefully, because the instruments covered depend on your level and the broker can apply conditions to positions held for long periods. Readers in the Gulf may find our guide to whether JustMarkets is legal in Kuwait useful, as it covers swap-free and local-currency considerations in more depth.

How to Open a JustMarkets Standard Cent Account: Step by Step

  1. Register a Personal Area on the official website or JustMarkets Trading app, with your real country of residence, email and a password meeting the broker's rules (8 to 15 characters, digits, upper and lower case Latin letters and a special character).
  2. Verify your email through Settings, which unlocks the Deposit and Withdrawal pages.
  3. Go to My Accounts and click Open new account.
  4. Choose MT4 or MT5 and select Standard Cent.
  5. Click Open Real Account (or Try Demo if you want to practise first).
  6. Select leverage and set a trading password. The currency is USC. Choose a moderate leverage rather than the maximum.
  7. Click Create Account. Your login and server details appear in the Personal Area.
  8. Complete verification: personal details, the profile questionnaire, then proof of identity and proof of residence. JustMarkets says you can deposit up to $2,000 after the questionnaire stage, and that document checks can take up to one working day.
  9. Deposit at least $10 using a supported method in your country.
  10. Log in to MetaTrader and look for symbols with the .c suffix, such as EURUSD.c.

For help installing the platform on a computer, see our guide to downloading JustMarkets on PC.

Practical set-up tips

  • Set a fixed risk per trade in cents, for example 1% of balance, and size every trade from your stop-loss distance.
  • Use a stop-loss on every trade; small accounts can be wiped out by a single unprotected position.
  • Keep a trading journal from day one; the cent account is a training ground and the journal is the lesson.
  • Check each instrument's specification (right-click in Market Watch, then Specification) to confirm contract size and swaps.

Account Currencies: Why the Base Currency Matters

Apart from Standard Cent, which is always in USC, the other three JustMarkets accounts can be opened in any of 13 currencies: USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED and NGN. Choosing well can save you money and confusion.

  • Match the currency you deposit in, if possible. If you fund with Nigerian naira or South African rand and your account is in USD, a currency conversion takes place on the way in and on the way out, and the rate you get may include a margin from your bank or payment provider.
  • Think about how you measure results. If you spend in local currency, seeing your balance in local currency makes it easier to judge risk in real terms.
  • Remember commissions are priced in USD. On Raw Spread accounts in a non-USD currency, JustMarkets charges the USD-equivalent commission, so the amount in your account currency moves with exchange rates.
  • The cent account is USD-based. A cent account funded in another currency involves conversion to USD cents, so exchange-rate movements can affect what you get back.

You cannot change an account's currency after opening it, so decide before you click Create Account. If you get it wrong, open a new account in the right currency and transfer funds internally.

Leverage and Margin Across Account Types

All four account types share the same maximum leverage on JustMarkets' international entities (up to 1:3000) and the same margin call (40%) and stop-out (20%) levels. What differs is how much exposure a given deposit buys, because of the cent unit on Standard Cent.

How margin is calculated

JustMarkets' help centre gives the standard forex margin logic: the margin for a position is the lots multiplied by the contract size, divided by the leverage, then converted into your account currency. Margin requirements can also change, for example around weekends, holidays or high-impact events, which JustMarkets covers under its high margin requirements policy.

Hypothetical margin example

Hypothetical, for illustration only. You open 0.10 lot of EURUSD on a Standard account in USD, with leverage of 1:100 and EURUSD at 1.1000. Exposure is 0.10 × 100,000 = 10,000 euros, about $11,000. Margin is $11,000 ÷ 100 = $110. With an equity of $500, your margin level is $500 ÷ $110 × 100 = about 455%. If losses reduced equity to $44, the margin level would hit 40% (margin call); at $22 it would reach 20% and the stop-out would begin closing positions.

Run the same idea on a cent account and the numbers scale down. The lesson holds for every account type: the margin level depends on position size relative to equity. Leverage only changes the margin a position ties up, not the profit or loss per pip.

Trading Styles, Expert Advisors and Account Type

JustMarkets states on its account pages that market execution is available on all account types and that strategies such as scalping, hedging and trading on the news are allowed. That gives you freedom, but some combinations work better than others:

StyleOften suitsPoints to check
Scalping (very short holds)Raw Spread or ProTotal cost per trade; execution during your trading hours
Day tradingStandard, Pro or Raw SpreadSpreads during active sessions; position limits
Swing trading (days)Standard or ProSwaps, or swap-free eligibility
Expert Advisor testingStandard CentPosition limits, especially for grid or multi-order EAs
News tradingAny, with cautionSpreads can widen sharply and slippage can occur around releases

Expert Advisors run on both MT4 and MT5. If you test an EA on a cent account first, check whether it opens many simultaneous orders, because the cent account's listed position limit (30/1000) differs from the 100/500 listed for the other accounts.

Platforms: MT4 or MT5 for Your Account

Every JustMarkets account type is available on both MetaTrader 4 and MetaTrader 5, on desktop, in the WebTerminal and on mobile, and the JustMarkets Trading app also handles account management. A few practical points:

  • Each trading account is tied to one platform. An MT5 account cannot be opened in MT4, and vice versa.
  • MT5 offers more timeframes, more built-in tools and a built-in economic calendar; MT4 has a large back-catalogue of third-party indicators and EAs.
  • If you plan to use a particular EA or indicator, pick the platform it was built for.
  • You can hold accounts on both platforms in the same Personal Area, for example a cent account on MT4 for an old EA and a Standard account on MT5 for manual trading.

Promotions and Rewards by Account Type

Promotional features do not always apply to every account type. A clear current example comes from JustMarkets' Rewards Hub: the help centre states that the Trading Fee Rebate Voucher, which returns part of the spreads and commissions paid as cashback, applies only to real MT accounts excluding Standard Cent. Other promotions may carry their own account restrictions. Terms change, so check the official promotions information and the conditions of any specific task or voucher in your Personal Area before choosing an account type with a promotion in mind. A promotion should never be the main reason to pick an account; trading costs, instruments and risk control matter far more.

Risk Management Habits for Small Accounts

Small accounts fail for predictable reasons: oversized positions, no stop-losses and trying to make large returns quickly. A cent or small Standard account is the ideal place to break those habits.

  1. Risk a fixed small percentage per trade. 1% is a common ceiling; on a 2,000 USC balance that is 20 USC.
  2. Always set a stop-loss at the point where your trade idea is wrong, then size the position to fit.
  3. Cap daily losses. Stop trading for the day after, say, three losing trades or a 3% drawdown.
  4. Avoid adding to losing positions. Averaging down is one of the fastest ways to reach the 20% stop-out.
  5. Review weekly. Look at rule-breaking, not just profit and loss.

Step by Step: Testing an Expert Advisor on a Cent Account

Because JustMarkets explicitly lists testing Forex advisers as a purpose of the Standard Cent account, here is a careful way to do it.

  1. Back-test first. Run the EA in MetaTrader's Strategy Tester on historical data to make sure it behaves as described.
  2. Forward-test on demo. Run it on a demo of the account type you plan to use for a few weeks, logging in regularly so the demo is not archived.
  3. Open a Standard Cent account on the same platform the EA was built for (an MT4 EA needs an MT4 account).
  4. Adjust the EA's lot settings for cent symbols (the .c suffix) and confirm the symbol names in its inputs match.
  5. Check the position limit. Make sure the EA's maximum simultaneous orders fit within the listed limit for the cent account.
  6. Fund a small amount and set a hard stop. Decide in advance the drawdown at which you will switch the EA off.
  7. Compare live and demo results after a month. Large differences usually point to costs, slippage or timing sensitivity.

Hypothetical drawdown table for a small cent account

Hypothetical, for illustration only. The table shows how quickly losses compound at different risk levels on a 5,000 USC ($50) cent account after a run of ten consecutive losing trades, a streak that most strategies experience at some point.

Risk per tradeBalance after 10 straight lossesDrawdown
0.5%about 4,756 USCabout 5%
1%about 4,522 USCabout 10%
2%about 4,085 USCabout 18%
5%about 2,994 USCabout 40%
10%about 1,743 USCabout 65%

The point is not the specific figures but the shape: at 1% risk a bad streak is an inconvenience, while at 10% it is close to fatal. Practising low risk on a cent account, where the money involved is small, makes it far easier to keep the same discipline when the account is bigger.

When and How to Move Up From a Cent Account

A cent account is a stage, not a destination. JustMarkets itself describes it as a step before moving on to Standard, Pro or Raw Spread once you feel confident. The question is how to judge that moment.

Signs you may be ready

  • You have followed written rules consistently over a meaningful sample, for example 50 or more real trades.
  • Your journal shows controlled losses: no single trade or day caused damage outside your plan.
  • You size positions from stop distance automatically and never trade without a stop.
  • Your results have been stable enough that you understand your typical drawdown.

How to move up

  1. Open the new account type in your Personal Area. You cannot convert an existing account's type or currency, so a new account is required.
  2. Fund it by internal transfer from the cent account or with a fresh deposit; JustMarkets says internal transfers and new deposits carry no commission from the broker.
  3. Start with the smallest position size on the new account (0.01 lot), which is roughly comparable to 1 cent lot on the cent account under typical cent conventions.
  4. Keep the cent account open for testing new ideas.

Hypothetical example: a gradual step-up

Hypothetical scenario, for illustration only. Joy, in Nigeria, opens a Standard Cent account with $20 (2,000 USC) and risks about 20 USC per trade. After three months and 80 journaled trades her balance has gone sideways, but her losses were controlled and she has stopped moving stop-losses. She opens a Standard account in NGN, deposits a modest amount and trades 0.01 lots, keeping risk at 1% of balance. Six weeks later she is still using the same rules. The step-up changed her account, not her behaviour, which is exactly the goal. Readers in Nigeria can check our guide on whether JustMarkets is legal in Nigeria for local context.

Cent Account vs the Alternatives

The Standard Cent account is not the only way to trade small. Here is how it compares with other low-risk routes.

OptionReal money?Smallest exposureInstrumentsBest use
JustMarkets demo accountNoAny size, virtualAll, depending on demo typeLearning the platform and testing rules
JustMarkets Standard CentYes, from $10Very small; balances in centsForex and commoditiesFirst live trading and EA testing
JustMarkets Standard at 0.01 lotYes, from $10Micro lot (1,000 units)Forex, indices, commodities, stocks, cryptoSmall live trading with the full instrument list
Cent accounts at other brokersYesVariesVariesComparing costs and features; check each broker's licence and terms

The most direct comparison is Standard Cent versus Standard at 0.01 lot. With a very small balance, the cent account allows finer position sizing, because you can go well below a micro lot. With a few hundred dollars, a Standard account at 0.01 lot gives similar risk control plus access to indices, stocks and crypto. Neither is better in absolute terms; it depends on your balance and what you want to trade.

Does the EU entity offer a cent account?

The Standard Cent account described here is listed on JustMarkets' international website. Clients in the European Economic Area are served by JustMarkets Ltd, the CySEC-regulated entity, through a separate EU website. At the time of writing, that site described two account types under EU rules with leverage capped at 1:30 for the most liquid instruments, and we could not confirm a cent account there. If you live in the EEA, check the EU site directly rather than assuming the international account line-up applies. Our guide on which country JustMarkets is from explains how the entities are split.

Common Mistakes When Choosing a JustMarkets Account Type

  1. Choosing by the lowest advertised spread. "From 0.0" pips is a minimum. Compare total cost including commission, using real measurements.
  2. Treating cent numbers as small change. 5,000 USC is $50 of real money. Losses in cents are still real losses.
  3. Overtrading because positions feel tiny. The cent account is for building discipline, not for taking dozens of random trades.
  4. Expecting stocks or crypto on a cent account. Standard Cent covers forex and commodities only.
  5. Using maximum leverage by default. High leverage is optional. Choose a level appropriate to your strategy.
  6. Trying to change account type later. Type and currency are fixed. Open a new account instead.
  7. Expecting every promotion to apply. Some features, such as the Trading Fee Rebate Voucher, exclude Standard Cent accounts.
  8. Ignoring position limits. Grid or high-frequency EAs can hit the listed open-position limits; confirm them first.

Troubleshooting Account-Type Questions

"I can't find EURUSD on my cent account"

Look for the cent suffix: EURUSD.c. If Market Watch only shows some symbols, right-click and choose Show All. Symbols in grey or with a .view suffix cannot be traded.

"My cent account balance looks 100 times too big"

That is how cent accounts display funds. A $25 deposit shows as 2,500 USC. Divide by 100 to get dollars.

"I opened the wrong account type"

Open a new account of the correct type in My Accounts and move funds by internal transfer. There is no need to verify again; your Personal Area verification covers every trading account.

"Why is my Raw Spread trade showing a cost straight away?"

Commission is charged per lot per side, so a Raw Spread position opens with a small negative result even when the spread is near zero. Add both sides of commission when you compare costs.

"I can't open more positions"

You may have reached the account's position limit or run out of free margin. Check the listed limit for your account type and your margin level.

Frequently Asked Questions

Does JustMarkets have a cent account?

Yes. The Standard Cent account is denominated in US cents, opens from $10, runs on MT4 and MT5 and has no commission.

What is the minimum deposit for a JustMarkets cent account?

$10, the same as the Standard account. Some payment methods have their own minimums.

What can I trade on the Standard Cent account?

Forex and commodities. For indices, stocks and crypto you need a Standard, Pro or Raw Spread account.

How many account types does JustMarkets have?

Four live types: Standard Cent, Standard, Pro and Raw Spread, each available on MT4 and MT5, plus demo versions of all four.

Which JustMarkets account has the lowest spreads?

Raw Spread, with spreads from 0.0 pips plus a $3 per lot per side commission. Pro offers spreads from 0.1 pips without commission.

Is there a commission on the cent account?

No. Standard Cent, Standard and Pro are commission-free. Only Raw Spread charges a commission.

Can I make my cent account swap-free?

Yes. The swap-free option is available on all four account types, subject to the broker's swap-free conditions. Contact support to convert an account.

What leverage does the cent account offer?

Up to 1:3000 on JustMarkets' international entities. EU clients are subject to much lower regulatory caps.

Can I have a cent account and a Standard account at the same time?

Yes. You can open as many trading accounts as you need within one Personal Area.

What does .c mean after a symbol?

It marks the Standard Cent account. Standard uses .m (.std on indices), Pro uses .s and Raw Spread uses .ecn.

Can I switch my cent account to a Standard account?

Not directly. Account type cannot be changed; open a new Standard account and transfer funds internally.

Is a cent account good for testing Expert Advisors?

It is a popular use. JustMarkets lists testing Forex advisers among the cent account's purposes, because real execution is involved at very low risk.

Glossary

  • Cent account: A live account whose balance is shown in cents, allowing very small real positions.
  • USC: US cents, the currency unit of the Standard Cent account; 100 USC equals $1.
  • Cent lot: The lot unit used on cent accounts; on typical conventions 1 cent lot equals 1,000 units of the base currency.
  • Spread: The difference between bid and ask prices, the main trading cost on commission-free accounts.
  • Commission: A fixed fee per lot, charged on JustMarkets' Raw Spread account.
  • Swap-free: An account option that removes overnight swap charges on eligible instruments.
  • Margin call: A warning level, 40% at JustMarkets, signalling that equity is falling close to the margin required.
  • Stop-out: The level, 20% at JustMarkets, at which positions are closed automatically.

Conclusion: The JustMarkets Cent Account and Which Type to Choose

JustMarkets does have a cent account. The Standard Cent opens from $10, shows your balance in US cents, charges no commission and covers forex and commodities on MT4 and MT5. It sits alongside the Standard account for small balances and the wider instrument list, the Pro account for tighter commission-free spreads from $200, and the Raw Spread account for raw pricing plus commission.

For most beginners, the sensible route is demo, then the JustMarkets cent account, then a Standard or Pro account once your journal shows consistent discipline. Active short-term traders with $200 or more should measure real spreads and compare Pro against Raw Spread. Whatever you pick, size positions from your stop-loss, keep leverage moderate and remember that cent balances are real money.

🔥 Your next move: when you have picked your account type, sign up and choose the JustMarkets account that fits your budget, starting with the smallest sizes and a written risk limit per trade.

📌 Important: CFD Risk Warning and Disclosure

CFDs and margin forex are leveraged products. Leverage magnifies gains and losses alike, so a small price move against you can wipe out your deposit quickly. Many retail traders lose money when trading CFDs, and you should only trade with money you can afford to lose after making sure you understand how margin, leverage, swaps and stop-outs work. Hypothetical examples in this article are illustrations only and are not reliable indicators of future results.

Disclaimer: this article is for general information and education. It is not financial, investment, tax or legal advice and is not a recommendation to open an account with any broker. Broker conditions, licences and promotions change; always confirm the current position on the broker's official website and the relevant regulator's register, and seek independent advice if you are unsure.

🔗 Affiliate notice: we may earn a referral commission when readers open accounts via links here; your costs stay the same.