Cent Gold Trading Account Definition in Gold Trading

What is Cent XAUUSD Trading Account?

What's Cent Gold 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 referred to as Cent lots therefore the capital needed to open this Cent xauusd account is not a lot as that required for opening a standard xauusd trading account.

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