What are Cent Oil Trading Accounts?

Cent Oil Trading Accounts are crude oil trading accounts type where traders open crude oil trades using Cent lots. 1 Oil Trading Cent lot is the equivalent of 100 units of the base lot of oil.

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

Cent lots are equal to one tenth of the Micro oil lot.