How is Lott Size Measured in XAUUSD for Mini Gold Account?

Calculate Lot Size for Mini Lots

1 Mini lot is the equivalent of one tenths units of the base lot of instrument - Lot size for Mini lots is therefore equivalent to one tenth of the standard gold trading lot.

The Mini lot is calculated as a equal to one tenth of the standard lot. The Mini lot volume in trading is therefore specified as 0.1 on software.

To Specify a Mini Lot trade size when opening a trade on MT4 Software, use MetaTrader 4 open orders tutorial explained below:

To set these Mini lots orders on the MetaTrader 4 Platform: open MetaTrader 4, open a " xauusd chart', right click the ' xauusd chart', select "New Order" & then select the trade order either sell or buy as illustrated below. (Short Cut Keyboard Keys - Press F9). Choose The Quote you want to trade and then below the Symbol, Select the trade "Volume" as 0.1 to specify XAUUSD Mini Lot Size.

How Do I Calculate a Mini Lot Size on MT4 Mini Account

XAUUSD Mini Account Definition - the meaning of a Mini account is an account type where traders place trades using Mini lots. 1 Mini lot is the equivalent of one tenths units of the base lot of xauusd.

The Mini account allows many retail traders to access the market because with this account traders can trade smaller lots referred to as Mini lots therefore the capital needed to open this Mini account isn't a lot as that required for opening a standard trading account.