How Much Money is 1 Cent Lot in Forex? - Cent Lot Definition

The Cent forex account allows many retail forex traders to access the forex market because with this account forex traders can trade smaller forex lots known as Cent lots therefore capital needed to open this Cent forex account is not a lot as that required for opening a standard forex account.

1 Cent lot is the equivalent of 100 Units of the base currency.

The Cent lot is equal to one tenth of Micro forex lot.