What are Commodity Trading Micro Accounts?

Commodity Trading Micro Accounts are commodity accounts type where commodity traders open commodities trades using micro lots. 1 Commodity Trading Micro lot is the equivalent of 1,000 units of the base lot of commodity.

The Micro commodities trading accounts allows many retail traders to access the commodity market because with these micro commodity accounts commodities traders can trade smaller commodity lots known as micro lots therefore the capital needed to open these micro commodity accounts is not a lot as that required for opening standard commodity accounts.

Micro lots are equal to one hundredth of standard commodity lot.