About Lesson
- Forex is commonly traded in specific amounts called lots, or basically the number of currency units you will buy or sell.
- A “lot” is a unit measuring a transaction amount.
- Standard Lot- 1.0-inifinity= $10+ per pip
- Mini Lot- .10-.99= $1- $9.99 per pip
- Micro Lot- .01- .09= $.10- $.99 per pip