A cent account suits traders who want to start with smaller volume and capital. Nano-Lion and Nano-Cheetah are ROCO's two cent accounts, and their base terms are identical to the standard version, except that their currency unit is the cent.
What is USC?
- USC - United States Cent
- The currency unit of a cent account. Each USC equals one US cent and is equal to 0.01 USD.
- Automatic conversion
- On transfers and withdrawals, the unit conversion is carried out automatically by the platform, unless the counterparty to the transaction also holds a cent account, in which case both sides are in USC.
ROCO's two cent accounts
| Account | Spread | Commission | Maximum deposit | Maximum balance |
|---|---|---|---|---|
| Nano-Lion | From 1.2 pips | 0 | $200 | $500 |
| Nano-Cheetah | Raw spread | 8 cents | $200 | $500 |
Steps to open a cent account
The steps to open a cent account are the same as for a standard account; only at the account-selection step do you choose the Nano version.
Sign in to the Client Portal
Sign in to your account at my.rocobroker.com/login and open the hamburger menu in the top corner of the page.
Go to the Accounts section
Select 'Accounts'. To open a cent account, click the 'Create Live Account' button.
Select a live account and platform
Select 'Live Account' and under 'Platform' choose 'MT5 - RocoBroker-live'.
Select the Nano version
In the account selection window, choose one of the two accounts, Nano-Lion or Nano-Cheetah.
Set leverage and accept the agreement
Set the trading leverage, optionally enter a name for the account, tick the 'User Agreement' checkbox, and click Save.
Receive your account details
After the account is created, the account number, master password, investor password, and server are displayed to you, and an 'Account Opening Confirmation' email is sent.
Deposits and withdrawals in a cent account
To deposit into a Nano account, first read the deposit guide, then on the deposit page, under the payment information section, select the Nano account you want (the one labelled USC next to its account number). Then enter the amount in dollars; the cent equivalent is displayed on that same basis in the trade amount section.
For example, if for a direct USDT deposit into a Nano account each USC is taken to equal one hundredth of a USDT, then depositing 100 USDT credits your account with 10,000 cents (USC).