What is a standard lot in forex trading?

A Standard LOT in Forex Trading equals to 100.000 units of any given currency. For example, 1 Standard LOT of EUR/USD equals to €100.000. Other lot sizes commonly used are: Mini LOT (also referred as 0.1 lot) - 10.000 units of any given currency. Micro LOT (also referred as 0.01 lot) - 1.000 units of any given currency.

How much is a lot in forex?

0.01 Lots in Forex equals to 1.000 currency units, which is also called a Micro Lot. To achieve this result all you need to do is multiply 0.01 by 100.000 (the standard lot value). How much is 0.001 Lot Size in Forex? 0.001 Lots in Forex equals to 100 currency units, which is also called a Nano Lot.

What is forex lot size?

This brings us to the fact that forex lot can be different. The standard lot size is 100,000 currency units, but it is possible to use fractional values. For example, on the trading platforms of FxPro, the client can open trades from 0.01 lot size. The mini lot size is 10,000 units (0.1) and the micro lot size is 1,000 units (0.01).