What's Difference Between Micro and Mini Oil Trading Account?

What is the Difference Between Micro Oil Trading Account & Mini Oil Trading Account Types in Oil Trading?

This difference between Micro Oil Trading Account & Mini Oil Trading Account is the trading volume of the oil trading transaction that is opened on the Micro crude oil account & the trading volume opened for a Mini crude oil trading account.

For the Micro crude oil trading account the trading volume is equivalent to 1 hundredth of the standard oil trading lot

For the Mini crude oil trading account the trading volume is equivalent to 1 tenth of the standard oil trading lot

Micro Lots - For the Micro crude oil trading account the trading volume is equivalent to 1 hundredth of the standard oil lot. The Micro oil lot is equivalent to one tenth of the Mini oil trading lot.

Mini Lots - For the Mini crude oil trading account the trading volume is equivalent to 1 tenth of the standard oil trading lot.