What is Difference Between Trading Standard Contract and Trading Mini Contract?

What is Difference Between Trading Standard Contract and Mini Contract in Indices Trading?

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

Standard Contract - the volume is equivalent to 1 indices lot

Mini Contract - the volume is equal to 1 tenth of the standard lot

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

Mini Contracts - for the Mini Contracts the volume is equivalent to 1 tenth of the standard lot or one indices trading mini lot. For Mini Contract the pip value is equivalent to $1.