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