What is the Difference Between Cent and Standard Account?
Differentiating Standard and Cent Accounts:
A Standard Account is the traditional choice where traders engage in transactions using standard lots. These lots consist of 100,000 units of the base currency. Conversely, a Cent Account operates on cent lots, where each lot contains 1,000 units of the base currency. This disparity in trade sizes forms the foundation of the contrast between these account types.
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