Nano Account Opening
There are numerous different types of xauusd accounts available to anyone who wants to invest in market. Gold market is a highly leveraged market for speculating on price valuations. Traders can buy large amounts of xauusd units using leverage. However, trading on xauusd leverage is risky and there are different types of accounts available to help traders better manage their risk.
It's hence important that the trader consider what they want to get out of their account, prior to deciding on the account type to sign up.
Nano XAUUSD Account
These accounts are often appropriate for a beginner gold trader. The risks for this trade size are low and these nano accounts can sometimes be signed up with only a $10 minimum equity balance.
A XAUUSD nano account is in general used by new traders who wish to experience a real environment without risking a large amount of money. Nano accounts allows the trader to trade in nano lots. 1 nano lot is one - tenth of a micro lot & one-hundredth of a mini lot.
Nano accounts are generally best suited for xauusd account balances that are between $100 & $1,000.
