What are Mini Gold Trading Accounts?
Mini Gold Trading Accounts are xauusd trading accounts type where gold traders open xauusd trades using Mini lots. 1 Gold Trading Mini lot is the equivalent of one tenths units of the base lot of gold.
The Mini xauusd trading accounts allows many retail traders to access the xauusd market because with these Mini xauusd trading accounts traders can trade smaller gold lots known as Mini lots therefore the capital needed to open these Mini xauusd accounts is not a lot as that required for opening standard gold trading accounts.
Mini lots are equivalent to one tenth of standard xauusd trading lot.