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

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

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

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

Nano Contract - the trading volume is equal to 1 hundredth of mini 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.

Nano Contracts - For the Nano Stocks Contracts the trading volume is equal to 1 hundredth of mini stocks lot is referred to as one Nano lot or one stocks Nano lot. For Nano Contract the pip value is equal to $0.01 or 1 Cent.