What is Difference Between Cent Account & Mini Account?
What is Difference Between Cent Account & Mini Account Types in Stock Indices Trade?
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 a 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 a tenth of the Mini lot.
Mini Lots - for the Mini account the trading volume is equal to a tenth of standard lot.
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