What is the Minimum Trading Volume for a Micro Gold Trading Account?
Minimum trading volume for a Micro Gold Trading Account is 1 Micro Lot which is equal to one hundredth units of the base lot of gold.
The Micro Gold Trading Account uses Micro Lots when opening new xauusd trades.
The Micro xauusd trading accounts allows many retail traders to access the xauusd market because with these micro xauusd trading accounts traders can trade smaller gold lots known as micro gold lots therefore the amount of capital needed to open these micro xauusd accounts is not a lot as that required for opening standard gold trading accounts.
Micro gold lots are equivalent to one hundredth of the standard xauusd trading lot.