How Much Money Do You Need to Start Gold Trading with a Micro Gold Trading Account?

How Much Does it Cost to Open a Micro XAUUSD Trading Account?

What is the amount of money Required to Start XAUUSD Day Trading with a Micro Gold Trading Account

The minimum amount of money required to open a gold trading Micro account is $50 dollars. Therefore, if you want to open a Micro gold trading account it will cost you $50 dollars as the minimum capital to open a micro xauusd trading account.

With $50 dollars minimum gold trading deposit for a Micro Gold Trading Account xauusd traders can open a gold trading micro trading account and trade gold trading micro lots.

The Micro Gold Trading Account uses Micro Lots when opening new xauusd trades.

1 Micro Lot is equal to one hundredth of the standard xauusd trading lot

The Pip value amount calculation for 1 Pip in a micro xauusd trading account is equal to $0.1. Therefore traders trading on this micro gold trading account using micro lots will make a profit of $0.1 per 1 pip movement if the trade goes in their direction or make a loss of $0.1 per 1 pip movement if the trade goes against their trade direction.

This Micro xauusd trading account is best for gold beginner traders because a gold trader can trade using smaller gold lots - micro lots and learn how to trade gold without investing a lot of trading money in their micro xauusd trading account.