How to Open a Cent Account with RoboForex and Start Trading with Just $1

Trading on the financial markets can seem intimidating, especially for beginners with limited capital. However, opening a cent account with RoboForex allows you to start trading with an extremely low minimum deposit.

In this comprehensive guide, we’ll walk you through the entire process of opening a cent account with RoboForex, funding your account, and placing your first trade with as little as $1. You’ll learn the benefits of cent accounts, the platform features, types of cent accounts offered, step-by-step account opening process, making a deposit, and finally placing your first small trade on the markets.

Overview of Cent Accounts with RoboForex

RoboForex offers cent accounts that allow you to trade on the forex and other markets with nominal contract sizes starting from just 0.01 lots. This means you can open micro positions worth just a few cents.

The key benefits of cent accounts include:

Cent accounts are ideal for beginner traders who want to gain experience in the markets with minimal risks and capital outlay. The low minimum deposit makes it accessible to anyone.

RoboForex Trading Platforms

RoboForex offers its cent accounts on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

Key Features of MT4 and MT5

  • Charting & analysis – Advanced charting package with 100+ indicators and drawing tools for technical analysis.
  • Trading – One-click trading directly from charts and order ticket trading.
  • Automated trading – Allow EAs, robots, and automated strategies to trade on your behalf.
  • Custom indicators – Ability to create and use custom indicators and EAs for unique strategies.
  • Mobile appTrade on the go with iOS and Android mobile apps.
  • Account management – Manage your account, orders, positions directly on the platforms.

Both platforms offer similar core functionality for traders. MT5 has a few additional features such as more order types, Depth of Market (DOM) trading, and support for stocks and futures.

Which Platform Should You Choose?

  • For forex trading, either MT4 or MT5 will suffice, though MT4 remains the most popular choice.
  • For multi-asset trading, MT5 is preferable with wider markets and products.
  • If you use EAs or custom indicators, stay with MT4 as there are more available.
  • The MT5 mobile app is generally preferred over the MT4 mobile app.

Overall, MT4 is better suited to forex and EA traders, while MT5 isoptimal for multi-asset trading. But both offer viable options for cent account holders.

Types of Cent Accounts Offered by RoboForex

RoboForex provides three main types of cent accounts to meet differing trader requirements:

1. Pro-Cent Account

  • Minimum deposit – $1
  • Spreads – Variable spreads from 1 pip
  • Commission – No commissions
  • Leverage – up to 1:2000 leverage
  • Trading platforms – MT4, MT5

This basic cent account has market-based variable spreads and high leverage to accommodate small positions. Best for new traders looking to get started.

2. Pro-Cent ECN Account

  • Minimum deposit – $100
  • Spreads – Super-tight spreads from 0 pips
  • Commission – $3 per lot round turn
  • Leverage – up to 1:500 leverage
  • Trading platforms – MT4, MT5

ECN spreads from 0 pips plus low commissions, designed for active traders seeking the tightest costs. Requires a slightly higher minimum deposit.

3. Prime-Cent Account

  • Minimum deposit – $100
  • Spreads – Tight fixed spreads from 0 pips
  • Commission – No commissions
  • Leverage – up to 1:500 leverage
  • Trading platforms – MT5

Combines fixed forex spreads and high leverage for affordable cent trading. Only available on the MT5 platform.

Step-by-Step Guide to Opening a Cent Account with RoboForex

Opening a cent account with RoboForex is a quick and straightforward process that can be completed online in minutes. Follow these steps:

Step 1. Visit RoboForex Website and Click “Open Account”

Head over to and click the “Open Account” button in the top right corner.

Step 2. Select Account Type

You will be presented with a choice of Real Account, Demo Account, or Promo Account. Select “Real Account” to open a live cent trading account.

Step 3. Complete Account Registration Form

Fill in your personal details such as name, DOB, country, and contact information. Then enter your trading experience, preferred currency, leverage, account type, platform choice, and verification code.

MUST READ  IG Markets Forex Review for 2024 - How Does This Broker Compare?

Key fields:

  • Account Type – Select your preferred cent account type
  • Platform – Choose between MT4 and MT5
  • Password – Create a secure password

Step 4. Verify Your Identity

RoboForex is required to verify your identity before opening an account. Upload scans or photos of your valid government-issued ID (passport, driver’s license etc) and proof of residence (utility bill etc).

Step 5. Make Deposit to Fund Your Account

Once approved, fund your cent account with the $1, $100 or more minimum deposit depending on account type selected. Convenient payment options include:

  • Debit/credit cards (Visa, MasterCard etc)
  • E-wallets (Skrill, Neteller, WebMoney etc)
  • Bank wire transfers
  • Online payment systems

Step 6. Install Trading Platforms and Set Up Access

Download and install the MetaTrader trading platforms on your desktop computer or mobile device. Sign in using your RoboForex account details. Customize settings as desired.

You now have access to your cent account and the markets!

Making a Deposit into Your Cent Account

To start trading, you’ll need to make a minimum deposit into your new RoboForex account using one of the following methods:

Credit/Debit Cards

  • Pros: Quick, convenient, instant funding
  • Cons: Higher transaction fees, limits on deposit sizes

Deposit in seconds. Enter your card details on RoboForex deposit page. Funds appear instantly. Cards accepted include Visa, Mastercard, Maestro, and Visa Electron.


  • Pros: Fast, digital wallet deposits
  • Cons: Don’t offer chargeback protection

Popular e-wallets such as Skrill, Neteller and WebMoney. Create free e-wallet account and fund your trading account quickly.

Wire Transfers

  • Pros: No limits, regulated transactions
  • Cons: Slow transfer times, bank fees

Traditional wire transfer directly from your bank account. Slower transfer but no limits. Watch for bank wire fees.

Online Payment Systems

  • Pros: Low fees, fast transfers
  • Cons: Regional availability

Local payment providers like China UnionPay, Qiwi, Yandex available in specific countries. Low-cost digital payments.

Review funding options carefully to find the best deposit method for your needs and location. Minimum deposits start from just $1.

Placing Your First Trade with Just $1

Once your cent account is funded, it’s time to place your first micro trade! Follow these steps:

Step 1. Analyze the Markets and Identify Opportunities

Use the charts and tools in MT4/MT5 to analyze forex pairs or CFDs and look for high probability setups aligned with your strategy. Focus on major pairs with the tightest spreads.

Step 2. Calculate Appropriate Trade Size

Leverage allows you to trade larger positions than your balance. But use risk management. Calculate ideal trade size based on your balance and risk appetite.

Step 3. Open Order Ticket and Set Parameters

Right click on the chart or use the New Order button. Select instrument, account type, volume in micro lots (0.01, 0.02 etc), stop loss, take profit etc. Set based on your strategy. Review order details.

Step 4. Execute Your First Micro Trade

Click the “Sell” or “Buy” button to execute your first small position. Confirm the open order appears in your terminal. Monitor the market and manage the trade.

Start with micro lots to minimize risk. Evaluate results and look for ways to improve. Increase position sizes steadily as you gain experience.

Frequently Asked Questions

What is the minimum deposit for a RoboForex cent account?

The minimum deposit varies based on account type but starts at just $1 for the Pro-Cent account. The ECN and Prime accounts require a $100 minimum deposit.

What leverage is available on RoboForex cent accounts?

Leverage up to 1:2000 is available on the Pro-Cent account. The ECN and Prime accounts offer leverage up to 1:500. High leverage magnifies trading capability but involves risk.

What are the spreads and commissions?

The Pro-Cent account has no commissions and variable spreads from 1 pip. The Pro-Cent ECN account has super tight spreads from 0 pips + $3 commission per lot. The Prime account offers fixed spreads from 0 pips with no commissions.

Can I use Expert Advisors and robots on cent accounts?

Yes, RoboForex allows automated trading on cent accounts via Expert Advisors on both the MT4 and MT5 platforms. Use EAs to run automated strategies.

Is a RoboForex cent account right for me?

Cent accounts are great for new traders ready to get their feet wet in live markets with minimal capital. But consider longer-term if using larger capital or more advanced strategies.

Can I switch between MT4 and MT5 trading platforms?

Yes, you can trade on both MetaTrader 4 and MetaTrader 5 with a single RoboForex account and easily switch between the two platforms if desired.

How do I withdraw funds from my RoboForex account?

Login to MyRoboForex and submit a withdrawal request by selecting your preferred withdrawal method. Process takes 2-5 days. Ensure you meet any withdrawal requirements.

MUST READ  Best Forex Broker in Singapore: An Ultimate Guide to Choosing the Right Forex Broker for Traders in Singapore


Opening a cent account with RoboForex allows virtually anyone to start trading on the markets with an extremely small minimum deposit. Ultra-low account minimums from just $1 makes trading accessible.

Choose between basic Pro-Cent, Pro-Cent ECN, or Prime accounts depending on your requirements. Open your account easily online and fund it via convenient payment methods.

Use the powerful MetaTrader platforms to analyze the markets and place micro trades using precise position sizing. Build your knowledge and skills in a live trading environment with minimal capital at risk.

RoboForex cent accounts represent an excellent path for novice traders to get started and begin testing their abilities. Open your account today and join thousands of traders worldwide leveraging these flexible cent trading solutions from RoboForex!

Best and Most Trusted Forex Brokers

Based on regulation, award recognition, mainstream credibility, and overwhelmingly positive client feedback, these six brokers stand out for their sterling reputations:

NoBrokerRegulationMin. DepositPlatformsAccount TypesOfferOpen New Account
1.RoboForexFSC Belize$10MT4, MT5, RTraderStandard, Cent, Zero SpreadWelcome Bonus $30Open RoboForex Account
2.AvaTradeASIC, FSCA$100MT4, MT5Standard, Cent, Zero SpreadTop Forex BrokerOpen AvaTrade Account
3.ExnessFCA, CySEC$1MT4, MT5Standard, Cent, Zero SpreadFree VPSOpen Exness Account
4.XMASIC, CySEC, FCA$5MT4, MT5Standard, Micro, Zero Spread20% Deposit BonusOpen XM Account
5.ICMarketsSeychelles FSA$200MT4, MT5, CTraderStandard, Zero SpreadBest Paypal BrokerOpen ICMarkets Account
6.XBTFXASIC, CySEC, FCA$10MT4, MT5Standard, Zero SpreadBest USA BrokerOpen XBTFX Account
7.VantageASIC, CySEC, FCA$50MT4, MT5Standard, Cent, Zero Spread20% Deposit BonusOpen Vantage Account
8.FXTMFSC Mauritius$10MT4, MT5Standard, Micro, Zero SpreadWelcome Bonus $50Open FXTM Account
9.FBSASIC, CySEC, FCA$5MT4, MT5Standard, Cent, Zero Spread100% Deposit BonusOpen FBS Account
10.BinanceDASP$10Binance PlatformsN/ABest Crypto BrokerOpen Binance Account
11.TradingViewUnregulatedFreeTradingViewN/ABest Trading PlatformOpen TradingView Account

“If you don't find a way to make money while you sleep, you will work until you die.”

- Warren Buffett

Added to wishlistRemoved from wishlist 14
Add to compare
Millionaire Gold Miner Pro EA trades automatically & earns stable profit every day. Most Profitable Robot for only $879.99.
Added to wishlistRemoved from wishlist 3
Add to compare
Golden Deer Holy Grail Indicator gives 2000 Pips per Trade with 99% Accurate Signal. Most Profitable MT4 Indicator for only $689.99
Added to wishlistRemoved from wishlist 17
Add to compare
FxCore100 EA is a very profitable scalper Expert advisor created by professional traders. It incorporates advanced strategies and analyzes multiple time frames and multi pairs. Order Now to get Special Discount.

Top Forex Brokers

Free Vps
Welcome Bonus 30 USD
Best Paypal Broker
Bonus 50 USD
Top Forex Broker
Best USA Broker
Best Crypto Broker
0 +
Successful Traders Making Profits with Our Robot & Indicator
$ 0
Average Profit Per Month with Our Robot & Indicator


Millionaire Gold Miner Pro EA

Number One Robot for Forex Trading.
Based on Price Action and Trend Analysis with Artificial Intelligence.
Works Best with EURUSD & XAUUSD.
You can use this EA on Multiple Accounts with Life Time Premium Support.
MyFXbook, FxBlue & Live Trading Verified.
Monthly Expected Profit is 20% to 200% with very Less Drawdown.

Added to wishlistRemoved from wishlist 14
Add to compare
Millionaire Gold Miner Pro EA trades automatically & earns stable profit every day. Most Profitable Robot for only $879.99.

check daily trading result

We will post our trading result daily on our channel. Please join our channel for daily updates.

Need Help?

Talk to our Experts. We're available 24/7.

Chat With Us
Follow us
Email to us
Automate Your Trading with Forex Robot, Forex EA & Indicator.
Compare items
  • Total (0)
error: Alert: Content selection is disabled!!
Shopping cart