What's Difference Between Commodity Standard Contract & Commodity Trading Nano Contract?

What's Difference Between Commodity Standard Contract & Nano Contract in Commodity Trading?

The difference between Commodity Standard Contract & Commodity Trading Nano Contract is the trading volume of the commodity trading transaction that is opened using the Standard Contract and that which is opened using Commodity Trading Nano Contract.

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

Nano Contract - the trading volume is equivalent to one hundredth of mini commodity lot

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

Nano Contracts - For the Nano Commodity Trading Contracts the trading volume is equivalent to one hundredth of mini commodity lot is referred to as one Nano lot or one commodity trading Nano lot. For Nano Contract pip value is equal to $0.01 or 1 Cent.