What is Lot Size in Commodities for Nano Commodities Trading Account?
Definition of What is the Lot Size for Commodity Nano Lots
1 Nano lot is the equivalent of 100 units of the base lot of commodity instrument - Lot size for Nano lots is therefore 100 Units of base commodity
Nano lot is equal to one tenth of the Micro commodity lot. The Nano lot volume in trading is therefore specified as 0.01 on commodities trading software.
To Specify a Nano 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 0.001 to specify Nano Lot.
How to Open a Commodity Nano Lot on MT4 Nano Commodity Trading Account
Commodity Nano Commodity Trading Account Meaning - 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.
