Basics
Micro Lot
1,000 units of the base currency.
Full Definition
A micro lot represents 1,000 units of the base currency, or 0.01 of a standard lot. It moves approximately $0.10 per pip, making it ideal for beginners learning to trade or for precise position sizing with small accounts.
Example
Trading 1 micro lot (0.01 lots) of EUR/USD means controlling 1,000 euros. A 10-pip move equals approximately $1.
Related Terms
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