What is Lot Size in Commodities for Micro Commodities Trading Account?

Definition of What is the Lot Size for Commodity Trading Micro Lots

1 Micro lot is the equal to one hundredth of the standard commodity lot - Lot size for Micro lots is therefore equal to one hundredth of the standard commodities trading lot

Micro lot is equal to one hundredth of standard commodity lot. The micro lot volume in trading is therefore specified as 0.01 on commodities trading platform.

To Specify a Micro Lot for trading in the MetaTrader 4 commodity Platform, use the MT4 open commodity orders tutorial described below:

To set these commodity orders on MetaTrader 4 Platform: open MT4, open a "commodities chart", right-click on "commodities chart", choose 'New Order', then choose the order either sell or buy as shown below. (Keyboard Short Cut Keys - Press F9 Key). Select The Commodities Quote you want to trade and then below the commodity Symbol, Select the trade "Volume" as 0.01 to specify Micro Lot.

How to Open a Commodity Micro Lot in MT4 Micro Commodity Trading Account

Commodity Trading Micro Account Definition - the definition of a commodity micro commodity account is an account type where commodity traders open trades using micro lots. 1 Micro lot is the equal to one hundredth of standard commodity lot.

The Micro 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 referred to as micro lots therefore the capital needed to open this micro commodity account is not a lot as that required for opening a standard commodities account.