The standardized unit of trade size in forex. Standard lot = 100,000 units. Mini lot = 10,000. Micro lot = 1,000. Nano lot = 100. Most prop firms allow trading in increments of 0.01 lots (micro lots),
The standardized unit of trade size in forex. Standard lot = 100,000 units. Mini lot = 10,000. Micro lot = 1,000. Nano lot = 100. Most prop firms allow trading in increments of 0.01 lots (micro lots), giving precise control over position sizing and risk management.