Lot size or contract size represents the minimum quantity that you allowed to trade in the FX markets. In other words, it is the minimum units of a currency pair that investors can buy or sell. Forex brokers offer a range of lot sizes, and traders can choose the lot size based on their experience, skills and risk appetite. These include
- Nano lot- 100 units.
- Micro lot- 1000 units.
- Mini lot- 10,000 units.
- Standard lot- 100,000 units.
