How is Lot Size Calculated in Gold Trading for Standard Gold Trading Account?
Calculate XAUUSD Trading Lot Size for Standard Lots
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The Standard lot is calculated as the equal to one standard gold trading contract. The Standard lot volume in trading is therefore specified as 1 on the gold trading platform.
To Specify a Standard 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 1 to specify Standard Lot Size.
How to Calculate a Gold Standard Lot Size on MetaTrader 4 Standard Gold Trading Account
Standard Gold Trading Account Meaning - the definition of a gold trading Standard account is an account type where gold traders open trades using Standard lots.
The Standard gold account allows Standard lots therefore the capital needed to open this Standard xauusd account is a lot more than that required for opening a Mini xauusd trading account.
