What is the Difference Between Indices Trading Standard Contract and Indices Trading Micro Contract?

What is the Difference Between Indices Trading Standard Contract and Micro Contract in Indices Trading?

The difference between Indices Trading Standard Contract and Indices Trading Micro Contract is the trading volume of the indices trading transaction that is opened using the Standard Contract and that which is opened using Indices Trading Micro Contract.

Standard Contract - the trading volume is equal to 1 indices lot

Micro Contract - the trading volume is equal to one hundredth of the standard indices lot

Standard Contracts - for the Standard Indices Trading Contracts the trading volume is equal to 1 indices lot is also referred to as 1 Standard lot or 1 Indices Trading Lot. For Standard Contract the pip value is equal to $10.

Micro Contracts - for the Micro Indices Trading Contracts the trading volume is equal to one hundredth of the standard indices lot is referred to as one Micro lot or one indices trading Micro lot. For Micro Contract the pip value is equal to $0.1 or 10 Cents.