What is Difference Between CFD Standard Contract & CFD Micro Contract?

What is Difference Between CFD Standard Contract & Micro Contract in CFD?

The difference between CFD Standard Contract & CFD Micro Contract is the trading volume of the cfd transaction that is opened using the Standard Contract & that which is opened using CFD Micro Contract.

Standard Contract - the trading volume is equal to 1 cfd trading lot

Micro Contract - the trading volume is equal to one hundredth of standard cfd trading lot

Standard Contracts - for Standard CFD Contracts the trading volume is equal to 1 cfd lot is also referred to as 1 Standard lot or 1 CFD Lot. For Standard Contract the pip value is equal to $10.

Micro Contracts - For the Micro CFD Contracts the trading volume is equal to one hundredth of standard cfd lot is referred to as one Micro lot or one cfd Micro lot. For Micro Contract the pip value is equal to $0.1 or 10 Cents.