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Lot

The standardized unit of trade size in forex.

What is Lot in forex trading?

The standardized unit of trade size in forex. A Standard Lot is 100,000 units. A Mini Lot is 10,000 units (0.1). A Micro Lot is 1,000 units (0.01).

Detailed Explanation

A Standard Lot is 100,000 units. A Mini Lot is 10,000 units (0.1). A Micro Lot is 1,000 units (0.01).

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