Cent Gold Trading Account Definition in Gold Trading

What is Cent XAUUSD Trading Account?

What is Cent Gold Trading Account? - Cent Gold Trading Account Definition - the definition of a gold trading Cent account is an account type where gold traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of the base lot of gold.

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

The Cent lot is equivalent to one tenth of the Micro xauusd trading lot.