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

What's Difference Between Nano Oil Account & Micro Oil Trading Account Types in Oil Trading?

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

For the Nano crude oil trading account the trading volume is equivalent to one thousandths units of base oil lot

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

Nano Lots - for Nano crude oil trading account the trading volume is equivalent to one thousandths units of base oil lot is referred to as 1 Nano lot. Nano oil lot is equivalent to one tenth of Micro oil lot.

Micro Lots - for the Micro crude oil account the trading volume is equal to 1 hundredth of the standard oil lot is referred to as one Micro lot.