What's the Difference Between Stocks Standard Contract and Mini Contract?

What's the Difference Between Stocks Standard Contract and Mini Contract in Stocks?

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

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

Mini Contract - the trading volume is equal to 1 tenth of the standard stocks lot

Standard Contracts - for the 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.

Mini Contracts - For the Mini Stocks Contracts the trading volume is equal to 1 tenth of the standard stocks lot or one stocks mini lot. For Mini Contract the pip value is equal to $1.