Cent Account XAUUSD Opening
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 it is that they as traders want to get out of their account, before deciding on the xauusd account type to open.
Cent XAUUSD Account
These xauusd accounts are often appropriate for a beginner trader. The risks for this trade size are low & these cent xauusd accounts can sometimes be opened with only a $10 minimum balance.
A XAUUSD cent xauusd account is generally used by novice traders who wish to experience a live xauusd environment without risking a big amount of money. Cent xauusd accounts allow the trader to trade in cent lots. 1 cent lot is one - tenth of a micro lot and one-hundredth of a mini lot.
Cent xauusd accounts are generally best suited for account balances that are between $100 & $1,000.
