What is the Standard Minimum Deposit Required to Open Standard Gold Trading Account?
Standard Minimum Capital Required to Start XAUUSD Day Trading with a Standard Gold Trading Account
The Standard minimum deposit required to open a gold trading Standard account is $1,000 dollars.
With $1,000 dollars Standard minimum gold trading deposit for a Standard Gold Trading Account xauusd traders can open a gold trading Standard account and trade gold trading Standard lots.
The Standard Gold Trading Account uses Standard Lots when opening new xauusd trades.
The Pip value amount calculation for 1 Pip in a Standard xauusd trading account is equal to $10. Therefore traders trading on this Standard gold trading account using Standard lots will make a profit of $10 per 1 pip movement if the trade goes in their direction or make a loss of $10 per 1 pip movement if the trade goes against their trade direction.
This Standard xauusd trading account is best for gold beginner traders because a gold trader can trade using smaller gold lots - Standard lots and learn how to trade gold without investing a lot of trading capital in their Standard xauusd trading account.