What is Lot Size in Oil Trading for Nano Oil Trading Account?

Definition of What is the Lot Size for Oil Trading Nano Lots

1 Nano oil lot - Lot size for Nano lots is therefore equal to one thousandth of base oil trading lot

Nano lot is equal to one tenth of Micro oil lot. The Nano lot volume in trading is therefore specified as 0.01 on the oil trading platform.

To Specify a Nano Lot for trading on the MT4 oil trading Platform, use MetaTrader 4 open oil orders tutorial described below:

To set these oil orders on MetaTrader 4 Platform: open MT4, open a "oil trading chart", right click on "oil trading chart", choose "New Order" & then choose the order either sell or buy as shown below. (Keyboard Short Cut Keys - Press F9 Key). Select The Oil Trading Symbol you want to trade and then below oil Symbol, Select the trade "Volume" as 0.001 to specify Nano Lot.

How to Open a Oil Nano Lot on MetaTrader 4 Nano Oil Trading Account

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.