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