Micro, Mini and Standard Forex Lot Sizes Explained

The difference between micro, mini and standard lot sizes in forex trading.

Micro, Mini and Standard Lot Sizes

1 lot also referred to as one standard lot equals 100,000 units.
0.1 lot also referred to as one mini lot equals 10,000 units.
0.01 lot also referred to as one micro lot equals 1,000 units.

Examples

Standard lot forex trading: A one pip move of EUR/USD equals $10.
Mini lot forex trading: A one pip move of EUR/USD equals $1.
Micro lot forex trading: A one pip of EUR/USD equals $0.1



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