Nano Account XAUUSD - How to Open Nano Gold Account
There are many different types of xauusd accounts available to anyone who wants to invest in xauusd trading market. XAUUSD market is a highly xauusd leveraged trading market for speculating on gold price valuations. Traders can purchase big amounts of xauusd units using leverage. However, trading on xauusd leverage is very risky & there are different types of gold accounts available to help traders better manage their risk.
It is therefore important that the trader consider what they want to get out of their xauusd account, before deciding on the trading account type to open.
Nano XAUUSD Account
These xauusd accounts are often appropriate for a beginner xauusd trader. The risks for this trade size are low & these accounts can sometimes be opened with only a $10 minimum balance.
A Gold Nano trading account is generally used by new xauusd traders who wish to experience a live xauusd environment without risking a big amount of money. Nano xauusd accounts allow the trader to trade in Nano lots. What is Gold Nano Lot - 1 Nano lot is one- tenth of a mini lot and one-hundredth of a standard lot.
Nano xauusd accounts are generally best suited for account balances which are between $100 and $1,000.