What's a Micro Lot in Commodity Trading for Micro Commodity Trading Account?

Definition of What is Lot Size for Commodity Trading Micro Lots

1 Micro lot is the equal to one hundredth of the standard commodity lot - Lot size for Micro lots is therefore equal to one hundredth of the standard commodity trading lot

Micro lot is equal to one hundredth of standard commodity lot. The micro lot volume in trading is therefore specified as 0.01 on the commodity trading platform.

To Specify a Micro Lot for trading on MT4 commodity Platform, use MetaTrader 4 open commodity orders tutorial described below:

To set these commodity orders on the MetaTrader 4 Platform: open MT4, open a "commodity chart", right-click on "commodity trading chart', choose "New Order" & then choose the order either sell or buy as shown below. (Short Cut Keys - Press F9). Select The Commodity Trading Symbol you want to trade and then below commodity Symbol, Choose the trade 'Volume' as 0.01 to specify Micro Lot.

How to Open a Commodity Micro Lot on MT4 Micro Commodity Trading Account

Micro Commodity Trading Account Definition - the definition of a commodity trading micro account is an account type where commodity traders open trades using micro lots. 1 Micro lot is equal to one hundredth of the standard commodity trading lot.

The Micro commodity trading account allows many retail commodities traders to access the commodities trading market because with this commodities trading account traders can trade smaller commodity lots referred to as micro lots therefore the capital needed to open this micro commodities account is not a lot as that required for opening a standard commodities trading account.