Mini lot

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    Mini lotWhat is a mini lot in trading?

    In forex trading, a mini lot is on a tenth of a lot. A lot is
    is the standard unit to measure the quantity of a currency.

    For example, if you trade a single mini lot of the currency pair EUR/USD, you trade euros in the value of 10,000 US dollars.

    The following are the quantities typically used in the forex market:

    • A standard lot = 100,000 units of base currency
    • A mini lot = 10,000 units of base currency
    • micro lot = 1,000 units of base currency
    • A nano lot = 100 units of base currency

    Learn more about sizing your trades: