Understanding Lot Size
Understand currency pairs, spreads, pips, lots and the basic mechanics of trading.
Understanding Lot Size
A lot describes contract quantity. A standard Forex lot commonly represents 100,000 units of the base currency; a mini lot 10,000 and a micro lot 1,000. Check the symbol contract: cent accounts, metals and other CFDs may differ.
Example
0.10 standard EUR/USD lots represents 10,000 euros of base-currency exposure.
All educational content is provided for general information and educational purposes only. It does not constitute investment advice, financial advice or a recommendation to buy or sell any financial instrument. Trading leveraged products involves significant risk and may result in the loss of invested capital.