I found some of the brokerages are offering cent account for 5$ capital, But once the customer signs up into their brokerage, The brokerage persons contact the clients and advise them not to trade with the cent account and ask their clients to go for a standard account. Is this a Trap to take off the newbies.
Is not a trap. After trading 6 years,I have a lots of accounts with couple of brokers,as well as futures account but 2 weeks ago I was opening a cent account.Right now the cent account suits my needs the best.
You can find all of this information live if you log in the mql5 community using my direct link to algoborg. Basically from 1 to 50 lot,depends on the present factors as well as market conditions,trading sequence,etc.
About the capital,well still under testing,optimizing phase but the last 12 days brought me a 53% return on my equity which is much better than I expected.
Hope I answered your question!