A lot that contains 1,000 units and is available with the mini-accounts offered through a forex dealer. This is 1/10 the size of 100,000 standard lots. A mini-lot pip currency pair is one dollar while at the time of this writing, standard lot pips trade at 10 dollars.
Related information about mini-lot:
- Mini-Lot Definition | Investopedia
A currency trading lot size that is 1/10 the size of the standard lot of 100000 units. One pip of a currency pair based in U.S. dollars is equal to $1 when trading a ...
- Mini Forex Trading & Mini Accounts Definition | Investopedia
... lot of 100000 units. A one-pip change in a currency pair (based in U.S. dollars), is equal to $1 when trading a mini lot, compared to $10 for a standard-lot trade.
- What is a Mini Lot
What does the term mini lot mean? ... It is called a mini lot because it is only 1/ 10th of the size of a 100,000 unit standard lot. If you are trading on an account ...
- Online Forex Trading Lot and Mini Lot – Learn How to Trade ...
Learn about online Forex lots and mini lots, so you'll be able to invest more wisely and understand the forex method of trading.
- Vantage FX - Pip Value
1 Standard Lot, 1, 1,000, 10. 5 Mini Lot, 0.5, 500, 5. 4 Mini Lot, 0.4, 400, 4. 3 Mini Lot, 0.3, 300, 3. 2 Mini Lot, 0.2, 200, 2. 1 Mini Lot, 0.1, 100, 1. 5 Micro Lot, 0.05 ...
- Understanding Contract Sizes - IBFX
... a trader is essentially placing a $100,000 trade in the market. This table helps illustrate the differences between standard lot sizes and a mini lot sizes.
- What is a Lot? | eToro Online Forex Trading
A mini lot? ... If for example, a position goes down 10 pips, a trader with a standard lot will register a $100 loss, while mini lot accounts will incur a $10 loss.
- Lot Definition - What is Lot in Currency in Forex Trading - Forex ...
A standard contract (one Lot) in which the USD is the counter currency one pip will equal $10 ($1 for a mini lot). For all other pairs exact pip values are slightly ...