What's Difference Between Indices Standard Contract and Indices Nano Contract?

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

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

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

Nano Contract - the trading volume is equal to 1 hundredth of mini indices trading lot

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

Nano Contracts - for the Nano Indices Contracts the trading volume is equal to 1 hundredth of mini indices lot is referred to as one Nano lot or one indices Nano lot. For Nano Contract the pip value is equivalent to $0.01 or 1 Cent.