Nano Account XAUUSD - How to Open Nano Gold Account

There are many different types of accounts available to any trader who wants to trade in market. Market is a highly leveraged market for speculating on price valuations. Traders can buy big amounts of gold units using leverage. However, trading on leverage is risky and there are different types of accounts available to help traders better manage their trading risks.

It's hence important that the trader consider what they want to get out of their trading account, before deciding on the account type to register.

Nano Account

These accounts are often appropriate for a beginner. The risks for this trade size are low & these accounts can sometimes be registered with only a $10 dollars minimum account equity balance.

A Nano trading account is in general used by new traders who wish to experience a live environment without risking a large amount of money. Nano accounts allow the trader to trade in Nano lots. What is Gold Nano Lot - 1 Nano lot is one- tenth of a mini lot and one-hundredth of a standard lot.

Nano accounts are in general best suited for account balances which are between $100 and $1,000.

Nano Account XAUUSD - How to Open Nano Gold Account