Hello folks,
Just now it feels like a year ago when I did not know anything about Forex...
Until today I was sure that a regular lot means 100,000 of the base currency, Mini 10,000 and Micro 1,000.
I'm looking at a broker (Dukascopy) ant they state that 0.1 lots are equal to 100,000 (see below).
I'd really appreciate your input... Am a little confused here.
Thanks.
MikeFT
Just now it feels like a year ago when I did not know anything about Forex...
Until today I was sure that a regular lot means 100,000 of the base currency, Mini 10,000 and Micro 1,000.
I'm looking at a broker (Dukascopy) ant they state that 0.1 lots are equal to 100,000 (see below).
QuoteDislikedDefault order amount can be set (in millions). Minimum trade size is 0.10 lots, which means 100,000.00 units of the primary currency.
Thanks.
MikeFT