What is Difference Between Indices Trading Standard Contract & Indices Trading Micro Contract?

What is Difference Between Indices Trading Standard Contract & Micro Contract in Indices Trading?

The difference between Indices Trading Standard Contract & Indices Trading Micro Contract is the trading volume of the indices trading transaction that is opened using the Standard Contract & 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 equivalent to one hundredth of 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 equivalent to one hundredth of standard indices lot is referred to as one Micro lot or one indices trading Micro lot. For Micro Contract pip value is equal to $0.1 or 10 Cents.