A Cent Account broker counts cent account balances rather than dollar account balances, so for every ten dollars you place, you get a thousand cent account.Cent accounts are managed and maintained in the same manner as Standard accounts, and they are useful for newbies and traders who do not plan to trade in large quantities. However, there are now only a few brokers who offer Cent accounts.

Standard accounts have a different lot size than Forex Micro accounts; instead of trading full units or lots, you can trade micro lots equivalent to 1,000 units of the account base currency. Micro lot trading is available at some brokers, and it is ideal for certain strategies because it reduces risk and allows for smaller lot sizes in live trading. There are also very few Forex Micro Account Brokers that offer micro FX accounts.