What is Difference Between Cent and Mini Gold Trading Account?
What is Difference Between Cent XAUUSD Trading Account & Mini XAUUSD Trading Account Types in XAUUSD Trading?
The difference between Cent Gold Trading Account & Mini Gold Trading Account is the trading volume of the gold trading transaction that is opened on the Cent xauusd account & the trading volume opened for a Mini xauusd trading account.
For the Cent xauusd trading account the trading volume is equivalent to one thousandths units of base xauusd trading lot
For the Mini xauusd account the trading volume is equivalent to one tenth of standard xauusd trading lot
Cent Lots - for the Cent xauusd trading account the trading volume is equivalent to one thousandths units of base gold lot is referred to as 1 Cent lot. Cent gold lot is equivalent to one tenth of the Mini xauusd trading lot.
Mini Lots - for the Mini xauusd account the trading volume is equivalent to one tenth of standard xauusd trading lot.