How Much Money is 1 Cent Lot in Oil Trading?

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

1 Cent lot is the equivalent of 100 units of the base lot of oil.

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