What is Difference Between Indices Trading Standard Contract & Indices Trading Nano Contract?
What is Difference Between Indices Trading Standard Contract & Nano Contract in Indices Trading?
The difference between Indices Trading Standard Contract & Indices Trading Nano Contract is the trading volume of the indices trading transaction that is opened using the Standard Contract & that which is opened using Indices Trading 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 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.
Nano Contracts - for the Nano Indices Trading Contracts the trading volume is equal to 1 hundredth of mini indices lot is referred to as one Nano lot or one indices trading Nano lot. For Nano Contract the pip value is equivalent to $0.01 or 1 Cent.