What is Difference Between Nano and Forex Cent Account? - Nano vs Cent Account

What is Difference Between Nano Account and Cent Account Types in Forex Trading?

There is no difference between Forex Nano account and Cent Account because the trading volume of the forex trading transaction that is opened on Nano account & the trading volume opened for a Cent account is the same.

For the Nano account the trading volume is equivalent to 100 Units of base currency

For the Cent account the trading volume is equal to 100 units of base currency

Nano Lots - for the Nano account the trading volume is equivalent to 100 Units of base currency is referred to as 1 Nano lot. The Nano forex lot is equivalent to one tenth of the Cent forex lot.

Cent Lots - for the Cent account the trading volume is equal to 100 units of base currency is referred to as one Cent lot.