Forex Trading Glossary
There are 376 entries in this glossary. Add a new entry| Term | Definition |
|---|---|
| Lot |
The standard unit size of a transaction. Typically, one standard lot is equal to 100,000 units of the base currency, 10,000 units if it's a mini, or 1,000 units if it's a micro. Some dealers offer the ability to trade in any unit size, down to as little as 1 unit. |
