What is a Nano Commodity Trading Account in Commodities?

Nano Commodity Trading Account Definition - the definition of a commodity Nano commodity account is an account type where commodity traders open trades using Nano lots. 1 Nano lot is equivalent of 100 units of the base lot of commodity.

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

Nano lot is equal to one tenth of the Micro commodity lot.