Lot

Exchange transactions unit. A lot is the measure of the trade volume or trade amount invested in a FX trade, and is equivalent to 100,000 units of the base currency in a Forex transaction. A Standard lot can be subdivided into mini-lots (one-thousandth of a lot or 1/1000 lots) and micro-lots (one-millionth of a lot or 1/1,000,000 lots).

By |2018-09-04T14:37:41+00:00September 4th, 2018|0 Comments

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