LESSON 9. Lot
Historically, spot Forex trading was only available in specific amounts of base currency called lots…
Historically, spot Forex trading was only available in specific amounts of base currency called lots.
Standard size of a lot equals to 100 000 units of a base currency. Later on, when Forex market opened for traders with smaller capital, a mini and even a micro lot became available.
You may see that the smallest lot is a micro lot (1 000 units of a base currency). Lot size depend on brokers conditions of trading accounts
