What are Stocks Cent Stocks Accounts?

Stocks Cent Stocks Accounts are stocks accounts type where stocks traders open stock trades using Cent lots. 1 Stocks Cent lot is the equivalent of 100 units of the base lot of stocks.

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

Cent lots are equivalent to one tenth of the Micro stocks lot.