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

What is Difference Between Nano Account & Mini Account Types in Forex Trading?

This difference between Forex Nano account and Mini Account is the trading volume of the forex trading transaction that is opened on Nano account & the trading volume opened for a Mini account.

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

For the Mini account the trading volume is equal to 10,000 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 Mini forex lot.

Mini Lots - for the Mini account the trading volume is equal to 10,000 units of base currency is referred to as one Mini lot.