Does IC Markets Have a Cent Account?
No, IC Markets does not offer cent accounts. We also don’t expect them to add one as IC Markets’ offering is geared towards experienced, active traders rather than beginners who typically use cent accounts. If this is the type of account you want, see our top trading brokers with cent accounts.
Written ByChristian Harris
Christian is a seasoned analyst, leveraging his expertise in stocks, forex, and crypto to evaluate brokers worldwide. With hands-on trading experience and a strong focus on risk management, he helps traders find reliable platforms. Christian's work for BrokerListings.com has been cited in the Financial Times.
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Fact Checked ByTobias Robinson
Tobias is committed to helping traders find the right brokerage for their needs. He has tested 200+ brokers, spent 2,600+ hours using different platforms, and placed 2,100+ trades.
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Edited ByJames Barra
James is an experienced broker analyst with a background in financial services. He has spent 2,500+ hours testing brokers, used 35+ different platforms and apps, audited 120+ broker T&Cs, and verified 300+ regulatory licenses.
James Barra Profile PageJuly 17, 2026
IC Markets Micro Lots Vs Cent Accounts
IC Markets allows micro-lot trading (0.01 lots) on all account types. At 0.01 lots on EUR/USD, a 10-pip move is worth about $1.00. On a $200 account (IC’s minimum deposit is $200), you can trade with real-money stakes similar to a cent account, without needing a separate account type.
Make Full Width| Scenario | Cent account at Broker X | IC Markets 0.01 lot |
|---|---|---|
| Account balance shown | $100 = 10,000 cents | $100 |
| Minimum position size | 0.01 cent lots | 0.01 standard lots |
| Value per pip (EUR/USD) | ~$0.01 | ~$0.10 |
| Real money at risk on 10-pip stop | ~$0.10 | ~$1.00 |
| Emotional feel | Lower — numbers seem abstract | Higher — real dollar amounts |
If having lower emotional stakes with a cent account is important to you, especially if you are testing a new strategy, IC Markets is not the best choice. Alternatively, Exness and RoboForex both offer cent accounts with lower minimum deposits ($10) and are regulated, though not to ASIC standards.
What A Cent Account Actually Does
Cent accounts display your balance in cents rather than dollars — a $10 deposit shows as 1,000 cents. You trade micro-micro positions at lower financial risk. The purpose is largely psychological: it gives the feeling of real-money trading without meaningful exposure.
They’re also useful for testing strategies or brokers with less upfront capital, and remain popular with beginners. We’ve tested and listed the best cent account brokers.