What's Lot Size in Gold Trading for Mini Gold Trading Account?
Definition of What's the Lot Size for XAUUSD Trading Mini Lots
1 Mini gold 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 gold lot. The Mini lot volume in trading is therefore specified as 0.1 on the gold trading platform.
To Specify a Mini Lot for trading on MT4 gold Platform, use MetaTrader 4 open gold orders tutorial described below:
To set these Mini lots gold orders on the MetaTrader 4 Platform: open MT4, open a "xauusd chart", right click on "xauusd chart", select "New Order" and then select order either sell or buy as shown below. (Key board Short-Cut Keys - Press F9 Key). Choose The Symbol you want to trade & then below the gold Symbol, Select the trade "Volume" as 0.1 to specify Mini Lot.
How to Open a Gold Trading Mini Lot in MT4 Mini Gold Trading Account
Mini Gold Trading Account Meaning - the definition of a gold trading Mini account is an account type where gold traders open trades using Mini lots. 1 Mini lot is 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 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 xauusd trading account.
