How Much Does a Standard Lot Cost? - Example of How Much 1 Lot Costs?

1 Standard Lot is equivalent to 100,000 units of base currency

To trade 1 Standard Lot in forex which is equal to 100,000 units of base currency will depend on the leverage that a trader is using to open trades.

For Example - Leverage 100:1

With leverage 100:1 a trader can borrow 100 dollars for every 1 dollar on their Standard Account and use this leverage to trade with.

Therefore, to trade 1 Standard Lot using 100:1 leverage - 100,000 units of base currency divided by leverage 100:1 is equivalent to $1,000 dollars.

Therefore, a trader will need $1,000 to open a Standard lot - therefore 1 Standard lot will cost $1,000 dollars to trade using leverage 100:1.

Example 2 - Leverage 50:1

With leverage 50:1 a trader can borrow 50 dollars for every 1 dollar on their Standard Account and use this leverage to trade with.

Therefore, to trade 1 Standard Lot using 50:1 leverage - 100,000 units of base currency divided by leverage 50:1 is equal to $2000 dollars.

Therefore, a trader will need $2,000 to open a Standard lot - therefore 1 Standard lot will cost $2,000 dollars to trade using leverage 50:1.

Example 3 - Leverage 20:1

With leverage 20:1 a trader can borrow 20 dollars for every 1 dollar on their Standard Account and use this leverage to trade with.

Therefore, to trade 1 Standard Lot using 20:1 leverage - 100,000 units of base currency divided by leverage 20:1 is equivalent to $5,000 dollars.

Therefore, a trader will need $5,000 to open a Standard lot - therefore 1 Standard lot will cost $5,000 dollars to trade using leverage 20:1.

Example 4 - Leverage 10:1

With leverage 10:1 a trader can borrow 10 dollars for every 1 dollar on their Standard Account and use this leverage to trade with.

Therefore, to trade 1 Standard Lot using 10:1 leverage - 100,000 units of base currency divided by leverage 10:1 is equal to $10,000 dollars.

Therefore, a trader will need $10,000 to open a Standard lot - therefore 1 Standard lot will cost $10,000 dollars to trade using leverage 10:1.