What's Difference Between Commodities Standard Contract and Mini Contract?

What's Difference Between Commodities Standard Contract and Mini Contract in Commodities?

The difference between Commodities Standard Contract Mini Contract is the trading volume of the commodity transaction that's opened using the Standard Contract & that which is opened using Commodity Trading Mini Contract.

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

Mini Contract - the trading volume is equivalent to one tenth of the standard commodities trading lot

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

Mini Contracts - For the Mini Commodities Contracts the trading volume is equivalent to one tenth of the standard commodity lot or one commodity mini lot. For Mini Contract the pip value is equal to $1.