What is the Minimum Deposit Required to Open Nano Gold Trading Account?
Minimum Capital Required to Start Day Trading with a Nano Trading Account
Minimum deposit required to open a Nano account is $5 dollars.
With $5 minimum gold trading deposit for a Nano Gold Trading Account traders can open a Nano account & trade Nano lots.
The Nano Gold Trading Account uses Nano Lots when opening new trades.
1 Nano Lot is equal to 100 Units of base gold instrument
The Pip value amount calculation for 1 Pip in a Nano account is equal to $0.01. Therefore traders trading on this Nano gold account using Nano lots will make a profit of $0.01 per 1 pip movement if the trade goes in their direction or makes a loss of $0.01 per 1 pip movement if the trade decides to go against their trade direction.
This Nano account is best for new traders because one can trade using smaller lots - Nano lots and learn how to trade without investing a lot of capital in their Nano account.