How to Begin with Cent Account
There are many various different types of trading accounts available to anybody who wants to invest in the market. Market is a highly leveraged market for speculating on xauusd gold price fluctuations and valuations. Traders can buy big amounts of trading units using leverage. However, trading on leverage is very risky & there are different types of trading accounts available to help the Gold traders to better manage their risks.
It is thenceforth important that the gold trader consider what they want to get out of their gold account, before making a decision on the trading account type to open.
Cent XAUUSD Account
These gold trading accounts are often appropriate for a beginner trader . The risks for this trade size are low and these accounts sometimes can be opened with only a $10 minimum trading equity balance.
A cent account is in general used by new traders who wish to experience a real environment without risking a large amount of money. Cent accounts allows the gold trader to trade and transact in cent lots. What is Cent Lot - 1 cent lot is one - tenth of a mini lot and one hundredth of a standard lot.
Cent accounts are in general best suited for account balances which are between $100 & $1,000.
Cent XAUUSD Account - How to Open Cent XAUUSD Account
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