Can I Start Gold with $10 for Nano Trade Account?
For beginner traders wanting to start gold trading with $10 dollars, the Nano account provides them with the best account type option - Open Account with $10 dollars - Open a Live Trade Account with $10 dollars.
The Nano account is a account type where the Gold traders execute trades using Nano lots/contracts, Nano lots/contracts are equal to 100 Units of base gold - 100 Ounces. This Nano lots are fractions of the Micro lots. Traders transacting using Nano Trade Account can make a small deposit for examples $10 dollars deposit & use gold leverage provided by Nano account to trade the Nano lots.
For example illustration, with the leverage option of 100:1, a trader can borrow $100 dollars from their gold broker for each $1 dollar in their account - meaning if they have $10 in their account - they can borrow $10*100:1 leverage = $1,000 dollars after leverage. Traders can then use this $1,000 dollars in their margin trading account to open and trade gold Nano lots.
To learn more about leverage and margin account - Read the following gold tutorial guides:
Study More Lessons:
- How to Set Instant Market Execution MT5 XAU USD Order
- How Do I Trade Fibonacci Extension Levels in XAU USD Trading?
- Understanding How to Use MetaTrader 4 App on iPhone
- XAU/USD Psychology Principles of Market
- Train Gold for Beginners Tutorial Lesson
- How Can I Trade MetaTrader 4 Downward XAUUSD Channel in MT4 Platform Software?
- MT5 XAU USD Platform App
- Multiple Chart Timeframe Analysis in Gold Charts Analysis
- What's the Best Leverage for $50 Account?
- Stochastic Indiicator Gold Indicator


