Mini Gold Trading Account Definition in Gold Trading

Mini Gold Trading Account Definition - the definition of a gold trading Mini account is an account type where gold traders open trades using Mini lots. 1 Mini lot is the equivalent of one tenths units of the base lot of gold.

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

The Mini lot is equivalent to one tenth of the standard xauusd trading lot.