Trade Gold Trading

Mini Gold Account Meaning in Gold Trading

Mini Gold Account Definition - the meaning of a Mini account is an account type where traders open trade transactions using Mini lots. 1 Mini lot is the equivalent of one-tenths units of the base lot of gold (therefore, 1 mini lot of gold = 10 Ounces).

The Mini gold account lets many regular investors get into the market since it lets traders trade in smaller amounts called Mini lots, so you don't need a lot of money to start a Mini account like you do for a standard account.

Mini lot/contract is equivalent to 1 tenth of standard xauusd lot.

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Gold Broker