Mini lot

Mini lot

What is a mini lot in trading?

In forex trading, a mini lot is on tenth of a lot. A lot is
is the standard unit to measure the quantity of a currency.

For example, if you trade a single mini lot of the currency pair EUR/USD, you trade euros in the value of 10,000 US dollars.

The following are the quantities typically used in the forex market:

  • A standard lot = 100,000 units of base currency
  • A mini lot = 10,000 units of base currency
  • A micro lot = 1,000 units of base currency
  • A nano lot = 100 units of base currency

Learn more about sizing your trades:

Lesson
Learn how to determine how much you can risk on each trade, depending on the size of your trading capital.
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