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

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

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

For the Nano 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

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