What's Lot Size in Gold for Mini Account?

Definition of What's the Lot Size for Mini Lots

1 Mini lot - Lot size for Mini lots is therefore equal to one tenth of the standard xauusd trading lot

Mini lot is equivalent to one tenth of standard lot. The Mini lot volume in trading is hence specified as 0.1 on the platform.

To Specify a Mini Lot for trading on MT4 Software, use Meta Trader 4 open orders guide described below:

To set these Mini lots orders on the MetaTrader 4 Software: open MT4, open a "xauusd chart", rightclick on the "xauusd chart", choose "New Order" & then select order either sell or buy as pictured below. (Key board Short-Cut Keys - Press F9 Key). Select The Symbol you want to trade & then below the Symbol, Select the trade "Volume" as 0.1 to specify Mini Lot.

How to Open a Mini Lot in MT4 Mini Account

Mini Account Meaning - the definition of a trading Mini account is an account type where traders open trades using Mini lots. 1 Mini lot is equal to one tenths units of the base lot of gold.

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