The Four XAUUSD Account Types
XAUUSD Accounts Types - XAUUSD Accounts are classified into various different xauusd accounts types that are suited for different types of gold traders.
The four xauusd account types are:
- Standard Gold Account
- Mini Gold Account
- Micro Gold Account
- Nano Gold Account
Standard XAUUSD Account Type - standard xauusd account is suitable for experienced xauusd traders who have an initial deposit capital of more than $10,000. Standard xauusd account trades using xauusd standard lots. XAUUSD standard lots the profit per one pip is equal to $10.
Mini XAUUSD Account Type - mini xauusd account is suitable for xauusd traders who want to trade in smaller xauusd contracts called mini lots instead of trading with the standard xauusd lots. Mini xauusd accounts are suitable for investors who have an initial deposit capital of between $1,000 and $5,000 dollars. The mini xauusd account trades using xauusd mini lots. XAUUSD mini lots the profit per one pip is equal to $1.
Micro XAUUSD Account Type - micro xauusd account is suitable for beginners & it is suitable for xauusd traders who have initial deposit of between $250 & $500. The micro xauusd account trades using micro lots which are smaller than mini lots. The micro xauusd account trades using micro lots. The micro lots profit per pip for this xauusd accounts is calculated as $0.1.
Nano XAUUSD Account Type- nano xauusd account is also suitable for beginners & it's suitable for traders who have initial deposit of between $50 and $100. The nano xauusd account trades using nano lots which are smaller than micro lots. The nano lots are also called cent lots because the profit per pip for this xauusd accounts is calculated in cents. Nano xauusd accounts are also called xauusd cent xauusd accounts.
