Lot

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    LotIn forex trading, a lotIn forex trading, a lot is the standard unit to measure the... More is the standard unit to measure the quantity of the base currencyWhat is a base currency versus a quote currency? The bas... More in the currency pairA currency pair is the price of one currency in relation t... More you are trading.

    For example, if you trade a single lot of the currency pair EUR/USD, you are buying or selling 100,000 euros in US dollars.

    The following are the quantities typically used in the forex marketWhat are value stocks? A value company is a company that app... More:

    • A standard lot = 100,000 units of base currency
    • mini lot = 10,000 units of base currencyWhat is currency? Currencies are the generally accepted me... More
    • micro lot = 1,000 units of base currency
    • A nano lot = 100 units of base currency

    Learn more about sizing your trades:

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