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

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

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

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

Nano Contract - the trading volume is equal to one hundredth of mini 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.

Nano Contracts - For the Nano Commodities Contracts the trading volume is equal to one hundredth of mini commodity lot is referred to as one Nano lot or one commodity Nano lot. For Nano Contract the pip value is equal to $0.01 or 1 Cent.