How is Lott Size Measured in XAUUSD for Standard Account?

Calculate Lot Size for Standard Lots

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Standard lot is calculated as the equivalent to one standard contract. Standard lot volume in trading is therefore specified as 1 on platform.

To Specify a Standard Lot trade size when opening a trade on MT4 Platform, use Meta Trader 4 open orders tutorial explained below:

To set these orders on the MetaTrader 4 Software: open MetaTrader 4, open a " chart', right click on the ' chart', choose "New Order" & then choose the order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The Quote you want to trade & then below the Symbol, Select the trade "Volume" as 1 to specify Standard Lot Size.

How to Calculate a Standard Lot Size on MetaTrader 4 Standard Account

XAUUSD Standard Account Meaning - the meaning of a Standard account is an account type where traders place trade transactions using Standard lots.

The Standard account allows Standard lots therefore the capital required to open this Standard account is a-lot more than that which is required for registering a Mini gold account.