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- Create Date April 8, 2024
- Last Updated April 8, 2024
Risk/Lotsize Calculator
A "Lot" in forex refers to the quantity of currency units to be bought or sold in a trade, which determines the trade size. 100,000 units of the basic currency make up a Standard Lot.
The majority of brokers also provide trading with fractional lot sizes, often as little as 0.01. Mini lots (0.10), micro lots (0.01), and nano lots (0.001) are the three categories for fractional lot sizes. For a comparison of the lots and corresponding monetary units, please refer to the image above.
