What are XAUUSD Mini Accounts?
XAUUSD Mini Accounts are accounts type where traders open trades using Mini lots. 1 XAUUSD Mini lot is the equivalent of one tenths units of the base lot of xauusd.
The Mini accounts allows many retail investors to access the market because with these Mini accounts traders can trade smaller lots known as Mini lots therefore the capital needed to open these Mini accounts is not a lot as that required for opening standard accounts.
Mini lots are equal to one tenth of standard lot.
