What's Difference Between Stocks Standard Contract and Micro Contract?

What's Difference Between Stocks Standard Contract and Micro Contract in Stocks?

The difference between Stocks Standard Contract and Stocks Micro Contract is the trading volume of the stocks transaction that's opened using the Standard Contract & that which is opened using Stocks Micro Contract.

Standard Contract - the trading volume is equal to 1 stocks trading lot

Micro Contract - the trading volume is equal to one hundredth of the standard stocks trading lot

Standard Contracts - for Standard Stocks Contracts the trading volume is equal to 1 stocks lot is also referred to as 1 Standard lot or 1 Stocks Lot. For Standard Contract the pip value is equal to $10.

Micro Contracts - For the Micro Stocks Contracts the trading volume is equal to one hundredth of the standard stocks lot is referred to as one Micro lot or one stocks Micro lot. For Micro Contract the pip value is equal to $0.1 or 10 Cents.