How is Lot Size Calculated in Gold Trading for Nano Gold Trading Account?
Calculate XAUUSD Trading Lot Size for Nano Lots
1 Nano gold lot - Lot size for Nano lots is therefore equal to one thousandth of base xauusd trading lot.
Nano lot is calculated as a equal to one tenth of Micro gold lot. The Nano lot volume in trading is therefore specified as 0.01 on the gold trading platform.
To Specify a Nano Lot trade size when opening a trade on the MetaTrader 4 gold Platform, use MetaTrader 4 open gold orders tutorial described below:
To set these gold orders on MetaTrader 4 Platform: open MT4, open a "xauusd chart", right-click on "xauusd chart", choose 'New Order' & then select order either sell or buy as shown below. (Keyboard ShortCut Keys - Press F9 Key). Select The Quote you want to trade & then below the gold Symbol, Select the trade "Volume" as 0.001 to specify Nano Lot Size.
How to Calculate a Gold Nano Lot Size on MetaTrader 4 Nano Gold Trading Account
Nano Gold Trading Account Meaning - the definition of a gold trading Nano account is an account type where gold traders open trades using Nano lots. 1 Nano lot is the equivalent of 100 units of the base lot of gold.
The Nano gold trading account allows many retail xauusd traders to access the xauusd market because with this gold trading account xauusd traders can trade smaller gold lots referred to as Nano lots therefore capital needed to open this Nano xauusd trading account is not a lot as that required for opening a standard xauusd trading account.
