Three standard sizes
A standard lot is 100,000 base currency units, a mini lot is 10,000 and a micro lot is 1,000. Each step changes pip value by a factor of ten.
Key takeaways
- Standard = 100,000 units
- Mini = 10,000 units
- Micro = 1,000 units
Lesson 4 · Beginner
Understanding Lots
Standard, mini and micro lots, and how they scale pip value.
5 min read