Can I Start Gold Trading with $30 for Cent Gold Trading Account?
For beginner traders wanting to begin gold trading with $30 dollars, the gold trading Cent account option provides them with best xauusd account type - Open Gold Account with $30 - Open Live Gold Trading Account with $30.
The Cent xauusd trading account is a xauusd trading account type where the traders open xauusd trades using Cent lots, the Cent lots are equivalent to 100 Units of base gold. This Cent lots are a fraction of the standard gold lots. Gold traders trading using the Cent Gold Trading Account can make a small deposit for example $30 dollars deposit and use gold trading leverage provided by the gold trading Cent account to trade the gold Cent 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 $30 in their xauusd account - they can borrow $30*100:1 gold trading leverage = $3,000 dollars after xauusd trading leverage. Traders can then use this $3,000 dollars in their margin xauusd trading account to open & trade gold Cent lots.
To learn more about xauusd leverage and gold margin account - Read the following gold tutorials:
