What is 1 standard lot in forex trading
Lots (Forex Course Lesson) - Forex Trading Information ... A lot is the minimum number of currency units in a single trade. The standard lot in most Forex futures is 100,000 units of the foreign currency, like the euro, Swiss franc, Australian dollar, or Canadian dollar (£62,500 in the pound and ¥100,000 in the yen). The standard lot in professional interbank Forex trading is generally $5 million. If a trader wants to do less, he specifies “small Forex Margin and Leverage Currency Pairs Pip Value Forex ...