Rebate Calculation for Cent Accounts

The rebate is calculated based on the lot size traded by the IB’s network clients. The formula used is: Lots x IB Points x Tick Size x Contract Size = Rebate in USD Example for an IB who is at a 10 point rebate tier Forex: 1 Lot Cent EURUSD 1 Lot x 10 x 0.00001 x 1000 = 0.10 USD 0.10 Lot Cent EURUSD 0.10 Lot x 10 x 0.00001 x 1000 = 0.01 USD 0.01 Lot Cent EURUSD 0.01 Lot x 10 x 0.00001 x 1000 = 0.00 USD Example for an IB who is at a 10 point rebate tier Gold: 1 Lot Cent Gold (Contract Size 1...

How do I create a Cent account?

The Cent Account will be available starting April 2025 and is exclusively offered on the MT5 server. To create a Cent Account, follow these steps: - Log in to your Fullerton Suite, Navigate to the Account New Account section. Select MT5. 2. On the MT5 Account Creation page, select your currency CNT, choose Account Type: MT5 | Cent Account | CNT to create a Cent Account. Next, select your preferred leverage and enter your MT5 password. Finally, tick the checkbox to agree to the terms and click...

What is a Cent Account?

A Cent Account is a trading account where balances and transactions are denominated in USD cents(CNT). This means that if you deposit $10, your account balance will show as 1,000 CNT

On which platform is the Cent Account available?

The Cent Account is available only on the MetaTrader 5 (MT5) platform.

What type of spreads is Cent account supported?

Cent Accounts are available only on Variable Spread (VAR) pricing.

What is the minimum trade size for Cent Accounts?

The minimum trade size is 0.01 lot, with an increment of 0.01 lot per trade.

What are the contract specifications for Cent Accounts?

Forex pairs: - Contract Size: 1,000 units per lot - Minimum Lot Size: 0.01 - Lot Size Increment (Step-up): 0.01 Gold: - Contract Size: 1 units per lot - Minimum Lot Size: 0.01 - Lot Size Increment (Step-up): 0.01 Silver: - Contract Size: 50 units per lot - Minimum Lot Size: 0.01 - Lot Size Increment (Step-up): 0.01 Platinium: - Contract Size: 1 units per lot - Minimum Lot Size: 0.01 - Lot Size Increment (Step-up): 0.01

What are the new trading symbols available for Cent Accounts?

A new set of trading symbols is introduced, including EURUSD.c and other selected instruments.