Lot size

Lot: In forex trading, lot size refers to the amount of currency...

Lot:

In forex trading, lot size refers to the amount of currency units that are traded in a single transaction. The standard lot size in forex is 100,000 units of the base currency, but there are also other lot sizes available for trading, including mini lots and micro lots.

Here are the different lot sizes that are commonly used in forex trading:

  • Standard Lot: 100,000 units of the base currency
  • Mini Lot: 10,000 units of the base currency
  • Micro Lot: 1,000 units of the base currency
  • Nano Lot: 100 units of the base currency