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BlogWhat 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).
What this looks like across the brokers we track
Across the 40 brokers BrokerAnalysis tracks, advertised maximum leverage ranges from 1:30 to 1:3000, with a median of 1:500. 10 of them cap retail leverage at 1:30 or lower, which is the ceiling EU and UK rules impose.
Measured across 40 entities in the BrokerAnalysis dataset. See the full broker comparison
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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