What are Cent Gold Trading Accounts?

Cent Gold Trading Accounts are xauusd trading accounts type where gold traders open xauusd trades using Cent lots. 1 Gold Trading Cent lot is the equivalent of 100 units of the base lot of gold.

The Cent xauusd trading accounts allows many retail traders to access the xauusd market because with these Cent xauusd trading accounts traders can trade smaller gold lots known as Cent lots therefore the capital needed to open these Cent xauusd trading accounts is not a lot as that required for opening standard gold trading accounts.

Cent lots are equivalent to one tenth of the Micro xauusd trading lot.