Gold Nano XAUUSD Account Brokers

How to open Nano Account XAUUSD

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

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

Nano Account

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

A XAUUSD nano account is in general used by new traders who wish to experience a live environment without risking a large amount of money. Nano accounts allows the trader to transact in nano lots. 1 nano lot is one- tenth of a micro lot & one-hundredth of a mini lot.

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