Trade Forex Trading

What Is One Forex Lot? Definition of a Standard Lot Size

1 Lot in forex is equal to 100,000 units of currency - Standard Lot Forex.

1 Lot is a 1 Standard Forex Lot

The minimum price movement for a 1 Lot or Standard Forex Lot is 10 dollars

Standard Account for Standard Lots - Standard Lot Account

A Standard Account uses US Dollars. Trades happen in standard lots or contracts. Each standard lot equals 100,000 currency units. One lot means one contract. You need at least $10,000 USD to start.

1 standard lot refers to the minimum size of a single trade. This standard lots trading account option is the most suitable for traders with a enough capital to invest - this standard account option requires $10,000 & $50,000 dollars as beginning capital, for this standard lots account the investor will not be undercapitalized & with good money management rules and forex funds management guidelines, this standard lots trading account option has the best chance for profitability because it's not under capitalized. Under-capitalization is what makes most investors not profitable.

Opening an account designated for standard lots is discouraged unless you possess a trading capital base between $10,000 and $50,000.

Professional money managers recommend starting with a minimum of $50,000 in standard lots accounts, trading only one or two contracts per $50,000 of capital. However, many brokers allow account openings with as little as $10,000.

If EUR/USD quotes at 1.4000, a standard lot trade buys 100,000 EUR for $140,000 worth. With 100:1 leverage, you put up just $1,400. The broker lends the rest. For every $1 you add, they give $100. So $1,400 becomes $140,000 after leverage. That lets you trade one full lot of EUR/USD.

For Standard Lot Forex - Minimum Price Movement of 1 pip = $10

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