15 May
Forex Position Size Calculator With Indian Price
A lot is referred to as the size of the trade in forex, or the number of currency units that will be bought or sold in a particular trade. There are 100,000 units of the base currency in a Standard Lot.
As well as fractional lot sizes, most brokers also allow you to trade with fractional lot sizes as small as 0.01, sometimes even less. Generally, fractional lots are classified into three sizes: mini lots (0.10), micro lots (0.01), and nano lots (0.001). If you would like to compare the lots and the equivalent units of currency, please refer to the image above.
