Standard Account Opening - How to Open Standard Account Gold

There are numerous different types of accounts available to anyone who wants to invest in market. Market is a highly leveraged market for speculating on price valuations. Traders can buy large amounts of xauusd units using leverage. However, trading on leverage is risky & 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 open.

Standard Account

A standard account is an account that allows traders to make trade transactions using standard lots. A standard lot is equal to $100,000 which is one-tenth that of a standard lot. Brokers offer standard accounts to traders who have a lot of funds.

Standard accounts

This is standard account type is the one recommended for the traders with enough capital to fund their account as well as experienced traders alike.

A standard account is suitable for account balances over $10,000.

Standard Account Opening - How to Open Standard Account Gold