What is a Volume or Lot in Forex?

Posted by: | Posted on 3:56:00 PM | Post Categories
We can calculate or estimate our gain/loss by Lot & Volume in each pip. We can easily say that specific amount of units in spot or Forex is called Lot or Volume.

Volume in Forex Market
We can also manually type in a custom Volume or Lot. Forex brokers provides us 4 different types of Lot.


Table of Forex Trade Sizes
Volume Lot Units
0.001 Nano 100
0.01 Micro 1,000
0.10 Mini 10,000
1.00 Standard 100,000

We will easily understand from bellows tables.

Calculation of Standard Lot
Standard Lot Gain or Loss Per Pip
0.01 $0.10/pip
0.10 $1.00/pip
1.00 $10.00/pip
10.00 $100.00/pip


Calculation of Mini Lot
Mini Lot Gain or Loss Per Pip
0.01 $0.01/pip
0.10 $0.10/pip
1.00 $1.00/pip
10.00 $10.00/pip


Calculation of Micro/Nano Lot
Micro Lot Gain or Loss Per Pip
0.01 $0.001/pip
0.10 $0.01/pip
1.00 $0.10/pip
10.00 $1.00/pip

So we got all calculation of Lot or Volume. And we will get in Brokers website what kind of accounts they are providing us, if we can't find easily we can ask via email or live chat.



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