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What does contract size mean? Micro, Mini and standard lot

Updated over 2 months ago

A forex contract is essentially a representation of the size of the transaction.

  • Standard: 1.00 contract is 100,000 units of the base currency.

  • Mini: 0.1 contract is 10,000 units of the base currency.

  • Micro: 0.01 contract is 1000 units of the base currency. (Which is the smallest size we provide)

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