What are Micro Accounts?

Micro accounts let gold traders use small lots. One micro lot equals 1,000 units of gold's main lot.

The Micro accounts let many small investors get into the market because they can trade very small amounts called micro lots, so the money needed to open these accounts isn't as much as what's needed for standard trading accounts.

Micro lots are equal to one hundredth of the standard xauusd lot.