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What is the Difference Between Cent Indices Trading Account and Micro Indices Trading Account?


What is the Difference Between Cent Indices Trading Account and Micro Indices Trading Account Types in Indices Trading?


The difference between Cent Indices Trading Account and Micro Indices Trading Account is the trading volume of the indices trading transaction that is opened on the Cent stock indexes trading account and the trading volume opened for a Micro stock indexes trading account.



For the Cent stock indexes trading account the trading volume is equal to one thousandths units of base indices lot



For the Micro stock indexes trading account the trading volume is equal to one hundredth of the standard indices lot



Cent Lots - For the Cent stock indexes trading account the trading volume is equal to one thousandths units of base indices lot is referred to as 1 Cent lot. The Cent indices lot is equivalent to one tenth of the Micro indices lot.



Micro Lots - For the Micro stock indexes trading account the trading volume is equal to one hundredth of the standard indices lot is referred to as one Micro lot.

 

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