Trade Stock Indices

What is Difference Between Nano Account and Cent Account?

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

There is no difference between Nano Account and Cent Account because the trading volume of the trading transaction that is opened on Nano account & the trading volume opened for a Cent trading account is the same.

For the Nano account the trading volume is equivalent to one thousandths units of base lot

For the Cent trading account the trading volume is equal to one hundredth of mini lot

Nano Lots - for the Nano account the trading volume is equivalent to one thousandths units of base lot is referred to as 1 Nano lot. The Nano lot is equivalent to one tenth of the Cent lot.

Cent Lots - for the Cent trading account the trading volume is equal to one hundredth of mini lot is referred to as one Cent lot.