You want to try offshore forex with a small deposit, but the difference between the Monaxa Cent and Standard accounts is unclear. This article is for you.
The minimum deposit of USD 15 and the spread from 1.8 pips are the same as Standard. The differences are the trade unit (contract size 1,000), the instruments and the maximum leverage of 1:1000*. We checked the official account types page on 20 October 2026.
After reading, you can decide whether to start with Cent or Standard.
Monaxa Cent account in short: start small from USD 15
- The minimum deposit is USD 15, the same as the Standard account
- The contract size is 1,000, one hundredth of Standard's 100,000
- The maximum leverage is 1:1000* (Standard is 1:2000*)
- Only forex and precious metals are available
- Spreads start from 1.8 pips, with no trading commission
The asterisk (*) means conditions apply. For details such as maximum leverage, the sign-up screen and the latest terms take priority.
Monaxa Cent account specifications
The official site describes the Cent account as an account to experience the real market with a small amount. It is not a demo. You trade in the live market.
| Item | Details |
|---|---|
| Minimum deposit (first) | USD 15 |
| Minimum spread | From 1.8 pips (variable) |
| Trading commission | None |
| Maximum leverage | 1:1000* |
| Contract size | 1,000 |
| Minimum lot size | 0.01 |
| Maximum open positions | 100 |
| Margin call / stop out | 50% / 20% |
| Base currency | USC and ZARC (cent currencies) |
| Platforms | MT4 and MT5 |
| Swap-free / Islamic account | Available |
※ The spread is the lowest value listed on the official page. Actual spreads vary by currency pair and time of day.
Stop out is the margin level at which positions are closed by force. Monaxa lists 20% for all four accounts.
Monaxa Cent account vs Standard account
| Item | Standard | Cent |
|---|---|---|
| Minimum deposit | USD 15 | USD 15 |
| Minimum spread | From 1.8 pips | From 1.8 pips |
| Contract size | 100,000 | 1,000 |
| Maximum leverage | 1:2000* | 1:1000* |
| Maximum open positions | 200 | 100 |
| Base currency | USD, EUR, GBP and JPY | USC and ZARC |
| Instruments | Forex, stock indices, precious metals, energies, stock CFDs, cryptocurrencies and ETFs | Forex and precious metals |
The deposit and spread are the same, so the deciding factors are the trade unit and the instruments. If you also want to trade stock indices or cryptocurrencies, Standard is a candidate.
Compare spreads, commissions and minimum deposits across the four Monaxa accounts →
Trade size on the Monaxa Cent account
Contract size is the amount traded per 1 lot. Cent is 1,000, so even at the same 0.01 lots the trade size is one hundredth of Standard.
| Account | Calculation | Trade size |
|---|---|---|
| Standard | 100,000 × 0.01 | 1,000 |
| Cent | 1,000 × 0.01 | 10 |
※ The unit is a rough quantity of the base currency. Required margin varies by instrument and leverage, so check it on the trading screen.
The official page carries a warning that 79.9% of retail investor accounts lose money. Even with small trade sizes, trade only with money you can afford to lose.
Who a small start suits on Monaxa, and who it does not
- Suits: you want to test price movements in the live market from USD 15
- Suits: forex and precious metals are all you need to trade
- Suits: you want to keep each trade small while practising
- Does not suit: you also want to trade stock indices, cryptocurrencies or stock CFDs
- Does not suit: you want to use the maximum leverage of 1:2000
- Does not suit: tight spreads are your top priority (Pro is from 0.9 pips and Zero from 0.0 pips)
The Welcome Bonus and the Lifetime Bonus apply to a dedicated bonus account. Deposits to the Cent account are stated as not eligible.
Conditions of the two Monaxa bonuses and how they are treated on withdrawal →
How to start using the Monaxa Cent account
- 01Register and complete identity verification
Enter your email address and other details, then submit identity documents. The official site says an account can be opened in as little as 5 minutes.
- 02Choose Cent as the account type
The official site says that once you are verified, you can freely use Standard, Pro, Zero and Cent, and switch later.
- 03Choose MT4 or MT5
The Cent account supports both platforms.
- 04Deposit USD 15 or more in your own name
For deposit methods and their minimums, follow what the client area shows.
Frequently asked questions
Q. What is the Monaxa Cent account?
A. The official site describes it as an account to experience the real market with a small amount. The minimum deposit is USD 15, the contract size is 1,000, and the instruments are forex and precious metals. It supports MT4 and MT5.
Q. What is the minimum deposit for the Monaxa Cent account?
A. The first minimum deposit is USD 15, the same as the Standard account. Pro is USD 50 and Zero is USD 200. For the minimum of each deposit method, follow the client area.
Q. What is the difference between the Monaxa Cent and Standard accounts?
A. The minimum deposit and spread are the same. The differences are contract size (Cent 1,000 / Standard 100,000), maximum leverage (1:1000* / 1:2000*) and instruments (Cent is forex and precious metals only).
Q. What is the leverage on the Monaxa Cent account?
A. The maximum is stated as 1:1000*. That is lower than the 1:2000* maximum on Standard, Pro and Zero. Check the conditions on the sign-up screen and in the latest terms.
Q. Can I use a bonus with a small start on Monaxa?
A. The Welcome Bonus and the Lifetime Bonus apply to a dedicated bonus account. Deposits to the Cent account are stated as not eligible. Check the terms and your account page for conditions.
Sources and conditions
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Now that you know Cent, check the Monaxa account conditions.
The broker page covers the minimum deposit, spreads and commissions of Standard, Pro, Zero and Cent, and the account opening steps.
Brokers covered in this column
Account types, trading conditions and current offers are on each broker page.