A lot is a transaction unit on the market. One standard lot contains 100,000 units of base currency. For example, one standard lot of EUR/USD equals 100,000 EUR. Please note that on Cent accounts you trade cent lots, where one cent lot equals 1,000 units of base currency. The minimum lot which can be opened on the MetaTrader4 platform is 0.01.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.