Definition of What is the Lot Size for CFDs Cent Lots

Definition of What is the Lot Size for CFD Cent Lots

1 Cent lot is the equivalent of 100 units of the base lot of cfd instrument - Lot size for Cent lots is therefore 100 Units of base cfd

The Cent lot is equal to one tenth of Micro cfd lot. The Cent lot volume in trading is therefore specified as 0.01 on the cfd platform.

To Specify a Cent Lot for trading in the MetaTrader 4 cfd Platform, use MetaTrader 4 open cfd orders guide explained below:

To set these cfd orders on the MT4 Platform: open MT4, open a " cfd chart', right click on the ' cfd chart', choose "New Order", then select order either sell or buy as displayed below. (Short-Cut Key-board Keys - Press F9 Key). Choose The CFD Quote you want to trade and then below the cfd Symbol, Select the trade "Volume" as 0.001 to specify Cent Lot.

How to Open a CFD Cent Lot in MetaTrader 4 Cent CFDs Account

CFD Cent CFD Account Definition - the definition of a cfd Cent cfd account is an account type where cfd traders open trades using Cent lots. 1 Cent lot is equivalent of 100 units of the base lot of cfd.

The Cent cfds trading account allows many retail cfds traders to access the cfd market because with this cfds account cfds traders can trade smaller cfd lots known as Cent lots therefore capital needed to open this Cent cfd account isn't a lot as that required for opening a standard cfd trading account.