Micro Gold Trading Account Definition in Gold Trading

Micro Gold Trading Account Definition - The definition of a gold trading micro account is an account type where gold traders open trades using micro lots. 1 Micro lot is the equal to one hundredth of the standard xauusd trading lot.

The Micro 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 micro lots therefore the capital needed to open this micro xauusd trading account is not a lot as that required for opening a standard xauusd trading account.

The Micro lot is equivalent to one hundredth of the standard xauusd trading lot.