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