- Forex Trading Basics Trading Concepts, Inc.
- Forex Brokers with Mini & Micro Accounts
- Compare Forex Account Types - FXCM
- Forexmentor - Forex Course
Forex Trading Basics Trading Concepts, Inc.
Answer: A mini lot is a lot of 10,000 units of the base currency.
Forex Brokers with Mini & Micro Accounts
There are also mini-lots of 10,000 and micro-lots of 1,000.
Compare Forex Account Types - FXCM
As new traders often do not have much in the way of starting capital, trading micro lots is a good way to keep the overall exposure of their trading account small.
Forexmentor - Forex Course
Forex brokers with low spreads are especially popular among scalping supporters, because this trading strategy means opening a lot of deals within one day, and under these conditions a commission may amount up to 100 pips.
What is a mini lot in forex:
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