Can I Start Gold Trading with $20 for Nano Gold Trading Account?
For beginner traders wanting to begin gold trading with $20 dollars, the gold trading Nano account option provides them with the best xauusd account type option - Open Gold Trading Account with $20 - Open Live Gold Trading Account with $20.
The Nano xauusd trading account is a xauusd trading account type where the traders open xauusd trades using Nano lots, Nano lots are equivalent to 100 Units of base gold. This Nano lots are a fraction of the standard gold lots. Gold traders trading using the Nano Gold Trading Account can make a small deposit for example $20 dollars deposit and use gold trading leverage provided by the gold trading Nano account to trade the gold trading Nano 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 $20 in their xauusd account - they can borrow $20*100:1 gold trading leverage = $2,000 dollars after xauusd trading leverage. Traders can then use this $2,000 dollars in their margin xauusd trading account to open & trade gold trading Nano lots.
To learn more about xauusd trading leverage & gold margin account - Read the following gold guides:
