How Much Money is 1 Cent Lot in Stocks?

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

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

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