What is the Difference Between Cent and Micro Gold Trading Account?

What is the Difference Between Cent XAUUSD Trading Account and Micro XAUUSD Trading Account Types in XAUUSD Trading?

The difference between Cent Gold Trading Account and Micro Gold Trading Account is the trading volume of the gold trading transaction that is opened on the Cent xauusd trading account and the trading volume opened for a Micro xauusd trading account.

For the Cent xauusd trading account the trading volume is equal to one thousandths units of base xauusd trading lot

For the Micro xauusd trading account the trading volume is equal to one hundredth of the standard xauusd trading lot

Cent Lots - for the Cent xauusd trading account the trading volume is equal to one thousandths units of base gold lot is referred to as 1 Cent lot. The Cent gold lot is equivalent to one tenth of the Micro xauusd trading lot.

Micro Lots - for the Micro xauusd trading account the trading volume is equal to one hundredth of the standard gold lot is referred to as one Micro lot.