What's the Difference Between Cent and Micro Account?

What's the Difference Between Cent Account & Micro Account Types in XAUUSD?

The difference between Cent Account and Micro Account is the volume of the transaction that's opened on the Cent account and the volume opened for a Micro account.

For the Cent account the volume is equal to 100 Units of base gold

For the Micro account the volume is equal to 1 hundredth of the standard gold lot

Cent Lots - for the Cent account the volume is equivalent to 100 Units of base xauusd is referred to as 1 Cent lot. Cent lot is equal to one tenth of Micro gold lot.

Micro Lots - for Micro account the volume is equivalent to 1 hundredth of the standard gold lot is known as one Micro lot.