What are XAUUSD Cent XAUUSD Accounts?

XAUUSD Cent XAUUSD Accounts are xauusd accounts type where xauusd traders open gold trades using Cent lots. 1 XAUUSD Cent lot is the equivalent of 100 units of the base lot of xauusd.

The Cent gold accounts allows many retail traders to access the xauusd market because with these Cent xauusd accounts gold traders can trade smaller xauusd lots known as Cent lots therefore the capital needed to open these Cent xauusd accounts isn't a lot as that required for opening standard xauusd accounts.

Cent lots are equal to one tenth of the Micro gold trading lot.