Forex glossary

Lot in Forex

A clear definition of Lot, with practical context for reading markets and making better trading decisions.

Level 2 · From Prices to PracticeForex basics

Definition

A standard unit of trade size. A standard lot is 100,000 units, while mini and micro lots are smaller.

A 0.01-lot position is commonly called a micro lot.

Understanding Lot helps traders interpret market information, plan decisions, and manage risk with more context.

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