What's Difference Between Micro Account & Standard Indices Account?
What is Difference Between Micro Account & Standard Indices Account Types in Indices Trading?
This difference between Micro Account & Standard Indices Account is the volume of the transaction that is opened on Micro stock trading account & the volume opened for a standard stock trading account.
Micro Lots - for the Micro stock trading account the volume is equal to 1 hundredth of standard lot. The Micro lot is equivalent to one hundredth of the standard lot.
Standard Lots - for the Standard stock trading account the volume is referred to as one standard lot.