What's Difference Between Cent Commodity Account & Micro Commodity Trading Account?

What is Difference Between Cent Commodity Account & Micro Commodity Trading Account Types in Commodity Trading?

The difference between Cent Commodity Account & Micro Commodity Trading Account is the trading volume of the commodity trading transaction that is opened on Cent commodities account & the trading volume opened for a Micro commodities trading account.

For the Cent commodities account the trading volume is equivalent to one thousandths units of base commodity lot

For the Micro commodities account the trading volume is equivalent to one hundredth of the standard commodity lot

Cent Lots - for the Cent commodities account the trading volume is equivalent to one thousandths units of base commodity lot is referred to as 1 Cent lot. Cent commodity lot is equivalent to one tenth of the Micro commodity lot.

Micro Lots - for Micro commodities account the trading volume is equivalent to one hundredth of the standard commodity lot is referred to as one Micro lot.