Lot
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities including access to edu resources covering all aspects of forex trading. As part of our ongoing series, here’s a recap on lots and lot size. A lot is a standard size of a transaction. It is measured in base currency units.
The common lot sizes are:
Standard: 100,000
Mini: 10,000
Micro: 1,000
Nano: 100
Example: 1 standard lot of EURUSD = 100,000 euro; 1 nano lot of EURUSD = 100 euro.
For more information, do check out Trader’s Way.
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities including access to edu resources covering all aspects of forex trading. As part of our ongoing series, here’s a recap on lots and lot size. A lot is a standard size of a transaction. It is measured in base currency units.
The common lot sizes are:
Standard: 100,000
Mini: 10,000
Micro: 1,000
Nano: 100
Example: 1 standard lot of EURUSD = 100,000 euro; 1 nano lot of EURUSD = 100 euro.
For more information, do check out Trader’s Way.