What's a Nano Account in Indices Trading?

Nano Account Definition - the definition of a Nano account is an account type where traders open trades using Nano lots. 1 Nano lot is equivalent of 100 units of the base lot of indices.

The Nano account allows many retail stock traders to access the market because with this account stock traders can trade smaller lots referred to as Nano lots therefore the capital required to open this Nano account is not a lot as that needed for opening a standard stock trading account.

Nano lot is equivalent to one tenth of the Micro indices lot.