I’m considering opening a cent account forex because I’ve read that it’s ideal for beginners who want to trade with real money but without risking large amounts. The idea of trading in cents sounds perfect for practicing risk management and testing strategies on a live account. However, I’ve also heard that some brokers limit features or widen spreads on cent accounts. For those who have used them, does a cent account forex help build confidence and improve skills, or does the tiny position size make it harder to take trading seriously? I’d love to hear real experiences from traders who started with a cent account.
I’m considering opening a cent account forex because I’ve read that it’s ideal for beginners who want to trade with real money but without risking large amounts. The idea of trading in cents sounds perfect for practicing risk management and testing strategies on a live account. However, I’ve also heard that some brokers limit features or widen spreads on cent accounts. For those who have used them, does a cent account forex help build confidence and improve skills, or does the tiny position size make it harder to take trading seriously? I’d love to hear real experiences from traders who started with a cent account.