Standard Account Online Brokers
Standard Account Registration
There are many various different types of trading accounts available to anybody who wants to invest in the market. Gold Trading market is a highly leveraged market for speculating on the price fluctuations and valuations. Traders can purchase 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 therefore important that the Gold trader consider what it's that they as traders want to get out of their account, prior to making a decision on the account type to open.
Standard Account
A standard account is a trading account that lets traders make trades using standard lots. A standard lot is equal to $100,000, which is one standard contract. Brokers offer standard accounts to traders who have a lot of money and also to experienced traders.
Standard accounts
This specific account classification is suggested for individuals possessing sufficient capital reserves to both fund their trading account and for traders who already possess considerable market experience.
A standard account is suitable for account balances over $10,000.
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