What is Difference Between Cent Account & Mini Account?
What is Difference Between Cent Account & Mini Account Types in Indices Trading?
The difference between Cent Account & Mini Account is the volume of trading transaction that's opened on Cent trading account and the trading volume opened for a Mini trading account.
For the Cent trading account the trading volume is equivalent to one thousandths units of base lot
For the Mini account the trading volume is equivalent to one tenth of standard lot
Cent Lots - for the Cent trading account the trading volume is equivalent to one thousandths units of base lot is known as 1 Cent lot. Cent lot is equivalent to one tenth of the Mini lot.
Mini Lots - for the Mini account the trading volume is equal to one tenth of standard lot.
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