What's a Micro Lot in XAUUSD for Micro Gold Account?

Definition of What's the Lot Size for XAUUSD Micro Lots

1 Micro lot is the equal to one hundredth of the standard xauusd lot - Lot size for Micro lots is therefore equal to one hundredth of the standard gold trading lot

Micro lot is equivalent to one hundredth of the standard xauusd lot. The micro lot volume in trading is therefore specified as 0.01 on the gold trading software.

To Specify a Micro Lot for trading on MT4 xauusd Platform, use MetaTrader 4 open xauusd orders tutorial described below:

To set these xauusd orders in MetaTrader 4 Platform: open MetaTrader 4, open a " xauusd chart', right click on the ' xauusd chart', select 'New Order' and then select order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The XAUUSD Symbol you want to trade & then below the xauusd Symbol, Choose trade 'Volume' as 0.01 to specify Micro Lot.

How to Open a XAUUSD Micro Lot on MT4 Micro XAUUSD Account

XAUUSD Micro Account Definition - the definition of a XAUUSD Micro account is an account type where xauusd traders open trades using micro lots. 1 Micro lot is the equal to one hundredth of standard gold trading lot.

The Micro xauusd trading account allows many retail gold traders to access the xauusd market because with this xauusd account traders can trade smaller xauusd lots referred to as micro lots therefore the capital needed to open this micro xauusd account is not a lot as that required for opening a standard gold account.