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Forex question What are forex Micro, Mini, and Standard Lots?
avatar Catkathyy
Question by: Jeremy - 28 Oct 2016, 09:18:16
What are forex Micro, Mini, and Standard Lots?
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Answer by: Henry - 28 Oct 2016, 09:22:37

Standard: 1.0 lot is 100,000 units of the base currency / Mini: 0.1 lot is 10,000 units of the base currency / Micro: 0.01 lot is 1,000 units of the base currency (this is the minimum lot size)

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