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Your Guide to Forex Lot Sizes: Mini, Micro, and Standard Lot If you wish to trade the forex market, one of the first things you have to learn is the concept of lot size. The concept lies at the center of how you manage the risks involved in trading the forex market, which, in turn, determines your long-term success in the game. Micro Lots: Micro lots are the smallest lot sizes available to traders on the fx market. One micro-lot is worth 1,000 units in the currency in which you’re trading in. Needless to say, they are the cheapest of all the lot sizes available and are perfect for beginners who are looking to get their hands wet and gain some experience with forex lots. In the context of forex trading, a lot refers to a batch of currency the trader controls. The lot size is variable. Typical designations for lot size include standard lots, mini lots, and micro lots. It is important to note that the lot size directly impacts and indicates the amount of risk you're taking. Some online forex brokers even offer a smaller lot size than the micro lot in forex trades, which is known as a nano lot, and which is used for buying or selling multiples of 100 units of base currency. Both of these smaller lot sizes will tend to appeal to: FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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Both Pips and Lot Sizes are two of the most significant aspects to understand when it comes to Forex Trading. They are literally what help you to determine y... Trading units (aka lots, aka position size) is one of those trading terms that seem simple but can be quite confusing for someone who’s just come into the tr... Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Everything you need to know about lotsize, leverage and margin. If you want to learn more, download my free trading system plus much more, visit: https://www... Free calculator: https://www.babypips.com/tools/position-size-calculator #forex #forexlifestyle #forextrader Want to join the A1 Trading Community? Follow al...