What are Nano Gold Trading Accounts?
Nano Gold Trading Accounts are xauusd trading accounts type where gold traders open xauusd trades using Nano lots. 1 Gold Trading Nano lot is the equivalent of 100 units of the base lot of gold.
The Nano xauusd trading accounts allows many retail traders to access the xauusd market because with these Nano xauusd trading accounts traders can trade smaller gold lots known as Nano lots therefore the capital needed to open these Nano xauusd trading accounts is not a lot as that required for opening standard gold trading accounts.
Nano lots are equal to one tenth of Micro xauusd trading lot.