What is Lot Size in Stocks for Cent Stock Account?

Definition of What is the Lot Size for Stocks Cent Lots

1 Cent lot is equivalent of 100 units of the base lot of stocks instrument - Lot size for Cent lots is therefore 100 Units of base stocks

The Cent lot is equal to one tenth of Micro stocks lot. The Cent lot volume in trading is therefore specified as 0.01 on the stocks trading platform.

To Specify a Cent Lot for trading on MT4 stocks Platform, use MetaTrader 4 open stocks orders tutorial explained below:

To set these stocks orders in MetaTrader 4 Platform: open MT4, open a "stocks chart", right click on the "stocks chart", choose "New Order" and then select the order either sell or buy as shown below. (Keyboard Short Cut Keys - Press F9 Key). Select The Stocks Symbol you want to trade & then below the stocks Symbol, Select the trade "Volume" as 0.001 to specify Cent Lot.

How to Open a Stocks Cent Lot in MT4 Cent Stocks Account

Stocks Cent Stocks Account Definition - the definition of a stocks Cent stocks account is an account type where stocks traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of the base lot of 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.