standard Account XAUUSD - How to Open standard Gold Account
There are many different types of xauusd accounts available to anyone who wants to invest in xauusd 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 investors 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.
Standard XAUUSD Account
A standard account is a account that allows gold traders to make trades using standard lots. A standard lot is equivalent to $100,000 which is one-tenth that of a standard lot. XAUUSD trading brokers offer standard xauusd accounts to xauusd traders who have a lot of capital.
Standard xauusd accounts.
This is standard xauusd account type is recommended for those traders with enough capital to fund their xauusd account as well as experienced xauusd traders alike.
A standard xauusd account is suitable for account balances over $10,000.