In, a lot is the standard unit to measure the quantity of the base currency in the currency pair you are trading.
For example, if you trade a single lot of theEUR/USD, you are buying or selling 100,000 euros in .
The following are the quantities typically used in the forex market:
- A standard lot = 100,000 units of
- A = 10,000 units of base currency
- A = 1,000 units of base currency
- A nano lot = 100 units of base currency
Learn more about sizing your trades: