What's the Difference Between Mini and Standard Account?
What is the Difference Between Mini Account and Standard Account Types in XAUUSD?
The difference between XAUUSD Mini Account and Standard Account is the volume of transaction that is opened on the Mini account and the trading volume opened for a standard account.
For the Mini account the trading volume is equivalent to 1 tenth of the standard gold trading lot
For the Standard account the trading volume is equal to 1 xauusd trading lot
Mini Lots - for the Mini account the trading volume is equal to 1 tenth of the standard lot is referred to as 1 Mini lot. The Mini lot is equivalent to one tenth of the standard gold trading lot.
Standard Lots - for the Standard account the trading volume is referred to as one standard lot.