Lot Size

Lot Size

Lot size or contract size represents the minimum quantity that you allowed to trade in the FX markets. In other words, it is the minimum units of a currency pair that investors can buy or sell. Forex brokers offer a range of lot sizes, and traders can choose the lot size based on their experience, skills and risk appetite. These include

  • Nano lot- 100 units.
  • Micro lot- 1000 units.
  • Mini lot- 10,000 units.
  • Standard lot- 100,000 units.