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

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

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

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

For the Standard account the trading volume is equal to 100,000 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 equal to one tenth of Micro forex lot.

Standard Lots - for the Standard account the trading volume is equal to 100,000 units of base currency is referred to as one standard lot.