In order to trade successfully, it is very important to choose the right broker. in India, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best forex cent account brokers for beginners in India 2025. You can compare their features and trading conditions.
1
RoboForex - Best for beginners in India
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
👍 Advantages of trading with RoboForex for traders from India:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders from India:
•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN
2
Markets4you - Best for beginners in India
Forex4you (Markets4you) caters to a wide range of traders, offering different account types, including cent accounts and ECN accounts with tight spreads from 0.1 pips. The broker provides leverage of up to 1:2000, order execution speed from 0.1 sec, and access to over 150 trading instruments, including Forex pairs, indices, commodities, and stocks. Its proprietary copy trading platform, Share4you, allows traders to earn additional income by sharing their strategies or copying successful traders. Additional features like cashback, bonuses, and partnership programs further enhance the trading experience.
Markets4you doesn't accept clients from the U.S., Canada, Japan, and EU countries, but it presents a compelling option for eligible traders seeking a well-rounded trading experience.
👍 Advantages of trading with Markets4you for traders from India:
•best trading conditions for novice traders;
•no trading restrictions on scalping and algorithmic trading;
•the possibility of passive income - social trading platform Share4you;
•the broker has an insurance for $10 million on a contingency basis;
•there are cent accounts with a minimum transaction amount of 2 cents.
•customer support responds to customer inquiries within 8 hours, even on weekends.
👎 Disadvantages of Markets4you for traders from India:
•Relatively high fixed fees on Pro accounts.
•Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.
3
IronFX - Best for beginners in India
IronFX was launched in January 2010 by a team of specialists in finance and software development. Today, IronFX has grown to be among the industry leaders that provide online trading services globally. Customers can use the MT4 advanced trading platforms and trade more than 300 tools from 6 various asset classes. IronFX serves individual as well as corporate clients from over 180 countries. IronFX is highly valued for providing cutting-edge technological innovation on trading platforms and trading tools.
👍 Advantages of trading with IronFX for traders from India:
•round-the-clock communication with a multilingual support TEAM on weekdays;
•wide range of trading assets;
👎 Disadvantages of IronFX for traders from India:
•the verification procedure can be repeated;
4
AdroFX - Best for beginners in India
AdroFx offers contracts for difference (CFDs) on currency pairs, stocks, indices, cryptocurrencies, and metals. Traders can open accounts on MetaTrader 4 or Allpips platforms. There are 8 account types, with a demo option for each. The minimum deposit is $25, leverage is up to 1:500, and trading volume is from 0.01 lots and from 0.0001 lots for Micro. Spreads are floating from 0.4 pips. Also, there are neither trading fees nor withdrawal fees, if the withdrawal amount meets or exceeds the minimum amount. The basic currencies are the USD, EUR, and GBP. BTC and ETH cryptocurrencies are available for Allpips. AdroFx provides loyal starting conditions due to special bonuses and promotions. There is a referral program and an integrated copy trading service.
👍 Advantages of trading with AdroFX for traders from India:
•Large choice of account types on two platforms allows for choosing the most individualized options for each trader;
•This broker guarantees a transparent fee policy with below-market average fees and no withdrawal fees subject to market conditions;
•Registration takes a few minutes, verification is also fast, and bonuses significantly reduce the entry threshold for new clients;
•Extensive pool of assets combined with moderate leverage provides flexible trading conditions and high-profit potential;
•This company provides trading guides, regularly posts educational videos, and has analytics and trading signals;
•The copy trading service is transparent and intuitive, and it allows you to receive additional income and trade with reduced risks;
•Technical support is available 24/5 by phone, email, live chat, and tickets on the website.
👎 Disadvantages of AdroFX for traders from India:
•There are only CFDs in this broker's trading pool;
•This company provides its services in over 200 regions, but residents of Suriname, North Korea, Syria, and some other countries cannot become its clients;
•Technical support is rated as up-to-date, however, it is not available on weekends.
5
FXTM - Best for beginners in India
Broker FXTM (pronounced "ForexTime") started in 2011. It provides an opportunity to make a profit through active trading or investment programs. The company is regulated by South African FSCA (Financial Sector Supervision Authority, 46614), FSC (Mauritius Financial Supervisory Commission, C113012295), and FCA (777911). The broker has received many awards, including "Best Trading Conditions" (2018, 2019) and "Most Innovative Broker" (2018).
👍 Advantages of trading with FXTM for traders from India:
•a wide range of trading accounts;
•a large number of training materials;
•the ability to use automated programs in trading.
•the minimum deposit is $200;
•the most popular trading platforms are MT4 and MT5;
•proprietary application for mobile trading is the FXTM Trader;
•the ultra-low spreads are from 0.0 pips;
•a huge choice of trading instruments is present;
•supervision of the broker’s activities is by major financial regulators in four jurisdictions;
•professional support.
👎 Disadvantages of FXTM for traders from India:
•for investment, only copy trading is offered;
•the broker is closed on Saturday and Sunday.
TOP 5 Comparison
This table makes it easy to compare the best forex cent account brokers for beginners in India for 2025 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
| RoboForex | Markets4you | IronFX | AdroFX | FXTM | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
MT4, Mobile Trading, MT5 |
WebTrader, MetaTrader4 |
Allpips, MetaTrader4 |
MetaTrader4, MetaTrader5, FXTM Trader |
|
Min deposit |
$10 |
No |
$100 |
$25 |
$200 |
|
Leverage |
From 1:1 |
From 1:10 |
From 1:30 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
No |
|
Accrual of % on the balance |
10.00% |
No |
No |
No |
No |
|
Spread |
From 0 points |
From 0.1 points |
From 0 points |
From 0.3 points |
From 0 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
STP, Market Maker, ECN |
Market Execution |
Market Execution, Instant Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
|
Cent accounts |
Yes |
Yes |
No |
Yes |
Yes |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
RoboForex Commissions and Fees
Our experts have checked this company for trading and non-trading commissions. In the trading commission category, the broker's spread was considered, and as a non-trading commission, it charges an additional fee for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Pro |
$13 |
No |
|
Pro-Cent |
$13 |
No |
|
ECN |
$3 |
No |
|
Prime |
$1 |
No |
Markets4you Commissions and Fees
Traders Union experts analyzed Markets4you trading conditions. Cent Pro and Classic Pro have fixed fees per each full lot of $0.1 and $8 respectively in addition to spreads. There are no deposit fees, but withdrawal fees are 0.8-2.5% subject to the payment method.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Cent Pro |
From $0.01 |
Yes |
|
Classic Pro |
From $1 |
Yes |
|
Classic Standard |
from $9 |
Yes |
IronFX Commissions and Fees
Trading terms at IronFX were analyzed by specialists at the Traders Union for trading and non-trading commissions. There are no hidden trading fees and no commission is charged for deposits or withdrawals. An exception may be the transfer fee set by the payment system.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
from $18 |
No |
|
Premium |
from $16 |
No |
|
VIP |
from $14 |
No |
|
Zero Fixed |
from $0 |
No |
|
No commission |
from $17 |
No |
|
Zero Spread |
from $0 |
No |
|
Absolute Zero |
from $3 |
No |
AdroFX Commissions and Fees
Any broker's trading fee usually consists of two commissions, namely spreads and fees. Sometimes no fee is charged. Spreads can be floating or fixed, raw or standard. AdroFx offers standard floating spreads, the value of which depends on the selected account type. The minimum range is 0.4-2 pips. However, traders should not forget that the size of each spread is determined by market conditions. Therefore, in most cases, the actual spread is higher than the declared one. AdroFx has average market indicators, that is, most brokers have approximately the same spreads. An important plus is that there is no trading fee on any type of account.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Fiat |
from $4 |
No |
|
Crypto |
from $4 |
No |
|
Cent Pro |
from $0.04 |
No |
|
Standard |
from $12 |
No |
|
Premium |
from $4 |
No |
|
Pro |
from $4 |
No |
|
Micro Pro |
from $0.08 |
No |
|
Micro |
from $0.14 |
No |
FXTM Commissions and Fees
The trading conditions of ForexTime were analyzed by Traders Union specialists for the presence of trading and non-trading commissions. There are no hidden fees in the company, no fee is charged for replenishing a trading account, and the commission for withdrawal is set by payment systems and ranges from 0.5% of the withdrawal amount to €30. On the Advantage account, spreads start from 0.0 pips, but the trader is charged a commission of $0.4 to $2 per lot.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Advantage |
From $0,4 |
Depends on the payment system |
|
Advantage Plus |
From $15 |
Depends on the payment system |
What Is a Cent Account Forex Broker?
With a cent account feature, Forex brokers enable live trading without large fund requirements, as all calculations and measures are calculated in cents. The only difference between a cent account and a standard account is the nominal amount. Let's say a trader deposits $10. This account will display a balance of 1,000 cents, which represents trading funds.
How Do I Choose a Cent Account Forex Broker?
To choose a cent account Forex broker, consider the following tips:
Evaluate Minimum Deposit Requirements
Look for brokers with low minimum deposit requirements to make your entry into trading more manageable. This enables you to start trading without making a huge financial commitment. Additionally, it provides a sense of flexibility, allowing you to increase your investment as you become more comfortable.
Assess Leverage Options
Leverage is a double-edged sword. It allows you to manage larger positions with a smaller amount of capital but also increases the risk of losses. Choose a broker that offers leverage options aligning with your trading strategy and your risk tolerance. Doing so will not only enhance your trading experience but also give you a better handle on managing potential losses. It’s a key factor in developing a trading strategy that suits your personal risk profile.
Compare Spread and Commission Structures
Spreads are the differences between the buy and sell prices of a currency pair, while commissions are additional fees a broker may charge. To optimize your trading experience, look for brokers with transparent and competitive spread and commission structures. A broker with low spreads and minimal commissions can significantly impact your trading profitability.
Consider Available Forex Pairs
When choosing a broker, the range of available Forex pairs can significantly impact your trading experience. A wide variety of pairs grants you the flexibility to diversify your portfolio and seize more trading opportunities. It's important to select a broker who offers an assortment of Forex pairs that aligns with your trading strategy and goals.
Evaluate Trading Platform and Broker Quality
A reliable, user-friendly trading platform makes all the difference in your trading journey. Don't overlook the overall quality of the broker, which includes aspects like reputation, customer support, and regulatory compliance.
Who Might Be Interested in Cent Accounts?
Several types of traders might be interested in cent accounts, including:
Beginner Traders
Cent accounts act as a stepping stone for those new to trading. With a smaller initial deposit and the ability to trade reduced lot sizes, they offer a less intimidating entry into live trading. They're tailor-made for newcomers keen on developing their skills without plunging into high-risk trades.
Risk-Averse Traders
For traders who want to keep their exposure to risk minimal, cent accounts offer an optimal environment. Unlike standard accounts that demand more substantial capital, cent accounts permit trading with reduced financial stakes. This makes them ideal for traders who prefer keeping a tighter leash on their financial exposure.
Traders Testing New Strategies
Even seasoned traders find value in cent accounts. They serve as an experimental lab for trialling new trading instruments or fine-tuning strategies. The benefit here is the reduced financial commitment and lower risk, allowing for rigorous testing without severe repercussions.
Traders with Limited Funds
Those constrained by a smaller budget can still get a piece of the Forex action through cent accounts. These accounts usually have a lower minimum deposit requirement, making market participation feasible even for those with modest means.
Traders with Limited Experience
Transitioning from a demo account to live trading can be daunting. Cent accounts ease this shift by maintaining a low-risk profile. The minimised lot sizes and lower deposit requirements offer a softer landing, enabling a smoother transition to real-world trading.
How to Start Trading with a Cent Account Broker in India
Here is a step-by-step guide on how to start trading with a cent account broker in India:
Step 1: Choose a Reliable Cent Account Broker
Begin by searching for brokers who offer cent accounts. These accounts allow you to enter the market with a smaller upfront investment and to trade in smaller increments. Evaluate the broker based on trading conditions, what customers say about them, and their adherence to regulatory standards.
Step 2: Open a Cent Account
Head to your chosen broker's website and initiate the process to open a cent account. Fill out the required registration forms and submit identification papers for verification purposes.
Step 3: Deposit Funds
Once your account is open, you'll need to deposit some money to start trading. Cent accounts typically have a very low minimum deposit requirement, often between $1 and $10. Select a payment method that you find convenient, whether it's a bank transfer, a credit or debit card, or an e-wallet.
Step 4: Familiarise Yourself with the Trading Platform
A majority of brokers that provide cent accounts will operate on the MetaTrader platform, more specifically, MetaTrader 4 (MT4). After downloading and setting up the platform on your device, log into your cent account using the login details provided.
Step 5: Start Trading
With your account now funded and the trading platform installed, you're ready to begin trading. If you're still new to this, consider practising with a demo account to better grasp market behaviour and trading strategies. Once you feel confident, keep an eye on market trends, study price movements, and make trades according to your pre-defined trading strategy.
Summary
Many brokers are available for traders from India, but not all of them offer good conditions. In this review, TU experts chose the Best forex cent account brokers for beginners in India 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Forex Cent Account Brokers For Beginners in India
| RoboForex | Markets4you | IronFX | AdroFX | FXTM | |
|---|---|---|---|---|---|
|
Overall score |
8.9 |
8.3 |
7.13 |
5.11 |
6.77 |
|
Execution of orders |
8.95 |
8.65 |
6.85 |
2.89 |
6.42 |
|
Investment instruments |
4.9 |
6.8 |
9.7 |
4.7 |
10 |
|
Withdrawal speed |
8 |
5 |
8 |
6 |
7 |
|
Customer Support work |
9.6 |
8.5 |
7.03 |
3.99 |
5.13 |
|
Variety of instruments |
9.02 |
5.77 |
8.02 |
7.02 |
6.21 |
|
Trading platform |
9.2 |
9.22 |
3.88 |
3.81 |
5.54 |
|
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FAQ
How do I open a Forex cent account?
Opening a Forex Cent account involves choosing a reputable broker that offers this account type, registering on their website, and submitting the required identification for verification. Once verified, you make an initial deposit to fund the account. After this, you can download the trading platform your broker uses, usually MetaTrader 4, and begin trading.
Which is the best cent account? RoboForex
RoboForex is often considered the best option for cent accounts due to its favourable trading conditions and wide range of trading instruments. The broker has gained positive reviews for customer service and is fully compliant with regulatory standards. This makes it a reliable choice for traders who want to trade with smaller amounts of capital.
Can I trade Forex with cents?
Yes, you can trade Forex with cents through a cent account. These accounts are specifically designed for smaller trading volumes and lower initial deposits. They offer an ideal low-risk environment, especially for beginner and risk-averse traders.
Which Forex broker has a $1 minimum deposit?
Exness and ForexMart both offer the option to start trading with a $1 minimum deposit. These brokers provide accessible platforms for traders who might not have a large budget but still want to participate in the Forex market. The low initial deposit also makes it easier for new traders to test real market conditions without major financial commitments.
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
Best Forex Cent Account Brokers For Beginners by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).