Can I Start Gold Trading with $100 for Micro Gold Trading Account?
For beginner traders wanting to begin gold trading with $100 dollars, the gold trading micro account option provides them with best xauusd account type option - Open Gold Account with $100 - Open Live Gold Trading Account with $100.
The micro xauusd trading account is a xauusd trading account type where the traders open xauusd trades using Micro lots, the micro lots are equivalent to 1 hundredth of standard gold lot. This Micro lots are a fraction of the standard gold lots. Gold traders trading using the Micro Gold Trading Account can make a small deposit for example $100 dollars deposit and use gold trading leverage provided by the gold trading micro account to trade the gold trading micro lots.
For example with the gold leverage option of 100:1, a trader can borrow $100 dollars from their gold broker for every $1 dollar in their account - meaning if they have $100 in their xauusd account - they can borrow $100*100:1 gold trading leverage = $10,000 dollars after xauusd trading leverage. Traders can then use this $10,000 dollars in their margin xauusd trading account to open & trade gold trading micro lots.
To learn more about xauusd trading leverage & gold margin account - Read the following gold guides:
