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