Nano Gold Trading Account Definition in Gold Trading
Nano Gold Trading Account Definition - the definition of a gold trading Nano account is an account type where gold traders open trades using Nano lots. 1 Nano lot is equivalent of 100 units of the base lot of gold.
The Nano 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 Nano lots therefore the capital needed to open this Nano xauusd account is not a lot as that required for opening a standard xauusd trading account.
The Nano lot is equal to one tenth of the Micro xauusd trading lot.