What's a Nano Lot in XAUUSD for Nano Gold Account?
Definition of What's the Lot Size for Gold Nano Lots
1 Nano lot is the equivalent of 100 units of the base lot of xauusd instrument - Lot size for Nano lots is therefore 100 Units of base xauusd
Nano lot is equal to one tenth of the Micro xauusd lot. The Nano lot volume in trading is therefore specified as 0.01 on the gold trading software.
To Specify a Nano 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, Select the trade "Volume" as 0.001 to specify Nano Lot.
How to Open a Gold Nano Lot on MT4 Nano XAUUSD Account
Gold Nano XAUUSD Account Definition - the definition of a xauusd Nano xauusd account is an account type where xauusd traders open trades using Nano lots. 1 Nano lot is the equivalent of 100 units of the base lot of xauusd.
The Nano 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 Nano lots therefore the capital needed to open this Nano xauusd account is not a lot as that required for opening a standard gold account.
