Lot Size Calculator
XAU/USD Position size calculator - Gold vs US Dollar
What Are Lots in Forex Trading?
In forex trading, a "Lot" refers to the trade size or the amount of currency units being bought or sold. A Standard Lot equals 100,000 units of the base currency, making it the typical lot size for professional traders.
For those with smaller capital, many forex brokers offer fractional lot sizes. These include Mini Lots (0.10), Micro Lots (0.01), and Nano Lots (0.001), providing more flexibility and accessibility. Below, you'll find a table comparing different lot sizes and their equivalent currency units:
Lot Type | Size (Lots) | Currency Units |
---|---|---|
Standard | 1.0 | 100,000 |
Mini | 0.10 | 10,000 |
Micro | 0.01 | 1,000 |
Nano | 0.001 | 100 |