How is Lot Size Calculated in XAUUSD for Nano Gold Account?
Calculate XAUUSD Lot Size for Nano Lots
1 Nano lot is equivalent of 100 units of the base lot of xauusd instrument - Lot size for Nano lots is therefore 100 Units of base xauusd.
The Nano lot is calculated as a equal to one tenth of Micro xauusd lot. The Nano lot volume in trading is therefore specified as 0.01 on gold trading platform.
To Specify a Nano Lot trade size when opening a trade in MetaTrader 4 xauusd Platform, use MetaTrader 4 open xauusd orders tutorial explained below:
To set these xauusd orders on the MT4 Platform: open MetaTrader 4, open a " xauusd chart', right click on the ' xauusd chart', select "New Order" & then select the order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The XAUUSD Quote you want to trade & then below the xauusd Symbol, Select the trade "Volume" as 0.001 to specify Nano Lot Size.
How to Calculate a Gold Nano Lot Size on MT4 Nano XAUUSD Account
Gold Nano XAUUSD Account Definition - the definition of a xauusd Nano xauusd account is an account type where xauusd traders open trades using Nano lots. 1 Nano lot is the equivalent of 100 units of the base lot of xauusd.
The Nano xauusd trading account allows many retail gold traders to access the xauusd market because with this xauusd account traders can trade smaller xauusd lots referred to as Nano lots therefore capital needed to open this Nano xauusd account isn't a lot as that required for opening a standard gold trading account.
