What is a Nano Oil Trading Account in Oil Trading?

Nano Oil Account Definition - the definition of a oil trading Nano crude oil trading account is an account type where traders open trades using Nano lots. 1 Nano lot is the equivalent of 100 units of the base lot of oil.

The Nano oil trading account allows many retail crude oil traders to access the crude oil market because with this crude oil trading account crude oil traders can trade smaller oil lots known as Nano lots therefore capital needed to open this Nano crude oil trading account is not a lot as that required for opening a standard crude oil trading account.

Nano lot is equal to one tenth of Micro oil trading lot.