Basics
Mini Lot
10,000 units of the base currency.
Full Definition
A mini lot represents 10,000 units of the base currency, or 0.1 of a standard lot. It moves approximately $1 per pip for major USD pairs, making it suitable for traders with smaller accounts or those wanting reduced risk per trade.
Example
Trading 1 mini lot (0.1 lots) of EUR/USD means controlling 10,000 euros. A 10-pip move equals approximately $10.
Related Terms
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