What is a lot?

Search Knowledge Base by Keyword

You are here:
« Back

A – A lot (1.0 lots) refers to the standard unit size used when trading, usually:

  • 0 lot refers to 100,000 units of the base currency.
  • 0.1 lots (mini lot) refers to 10,000 units of base currency.
  • 0.01 lots (micro lot) refers to 1,000 units of base currency and is the smallest increment of a trade size.