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How to open Cent XAUUSD Trading Account

There are many different types of xauusd accounts available to anyone who wants to invest in the gold market. Gold Trading market is a highly gold trading leveraged market for speculating on xauusd price valuations. Traders can purchase big amounts of gold trading units using leverage. However, trading on gold leverage is very risky and there are different types of xauusd trading accounts available to help gold traders better manage their risk.

It is therefore important that the trader consider what they want to get out of their xauusd trading account, before deciding on the xauusd trading account type to open.

Cent XAUUSD Trading Account

These xauusd trading accounts are often appropriate for a beginner gold trader. The risks for this trade size are low and these cent xauusd accounts can sometimes be opened with only a $10 minimum balance.

A Gold Trading cent account is generally used by new gold traders who wish to experience a live gold trading environment without risking a big amount of money. Cent xauusd trading accounts allow the trader to trade in cent lots. 1 cent lot is one- tenth of a micro lot and one hundredth of a mini lot.

Cent xauusd trading accounts are generally best suited for gold trading account balances which are between $100 and $1,000.

Cent gold trading account 1 pip = $0.01