What's the Difference Between CFD Standard Contract and Micro Contract?

What's the Difference Between CFD Standard Contract and Micro Contract in CFD?

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

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

Micro Contract - the trading volume is equivalent to one hundredth of the standard cfds trading lot

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

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