Cent Gold Account Meaning in Gold Trading
What's Cent Trading Account?
What's Cent Gold Account? - Cent Gold Account Definition - the meaning of a trading Cent account is an account type where traders open trades using Cent lots. 1 Cent lot is the equivalent of 100 units of base lot of gold.
The Cent account allows many retail xauusd traders to access the market because with this gold trading account xauusd traders can trade smaller lots referred to as Cent lots therefore the capital required to open this Cent account isn't a lot as that required for opening a standard account.
Cent lot is equal to one tenth of the Micro xauusd lot.
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