What's Lot Size in Gold Trading for Standard Gold Trading Account?
Definition of What's the Lot Size for XAUUSD Trading Standard Lots
The Standard lot is equal to one standard gold trading contract. Standard lot volume in trading is therefore specified as 1 on the gold trading platform.
To Specify a Standard Lot for trading on MT4 gold Platform, use MetaTrader 4 open gold orders tutorial described below:
To set these standard lot 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 1 to specify Standard Lot.
How to Open a Gold Standard Lot on MetaTrader 4 Standard Gold Trading Account
Standard Gold Trading Account Meaning - the definition of a gold trading Standard account is an account type where gold traders open trades using Standard lots.
The Standard gold trading account allows Standard lots therefore the capital needed to open this Standard xauusd trading account is a lot more than that required for opening a Mini xauusd trading account.
