a certain amount of units or the sum of assets used for executing the trade of a certain instrument. For currency pairs, one standard Forex lot is 100,000 units of the base currency.
- standard lot size (1 lot) equals 100,000 units of base currency;
- mini lot size (0,1 lot) equals 10,000 units of base currency;
- micro lot size (0,01 lot) equals 1,000 units of base currency.
