What is the Minimum Deposit Required to Open Mini Gold Trading Account?
Minimum Capital Required to Start XAUUSD Day Trading with a Mini XAUUSD Trading Account
Minimum deposit required to open a gold trading Mini account is $100 dollars.
With $100 dollars minimum gold trading deposit for a Mini Gold Trading Account xauusd traders can open a gold trading Mini account and trade gold trading Mini lots.
The Mini Gold Trading Account uses Mini Lots when opening new xauusd trades.
1 Mini Lot is equal to one tenth of the standard xauusd trading lot
The Pip value amount calculation for 1 Pip in a Mini xauusd account is equal to $1. Therefore traders trading on this Mini gold account using Mini lots will make a profit of $1 per 1 pip movement if the trade goes in their direction or makes a loss of $1 per 1 pip movement if the trade decides to go against their trade direction.
This Mini xauusd trading account is best for beginners because a trader can trade using smaller gold lots - Mini lots and learn how to trade gold without investing a lot of trading capital in their Mini xauusd trading account.