How Much Money is 1 Mini Lot in Forex? - Mini Lot Definition

The Mini account allows many retail traders to access the market because with account forex traders can trade smaller lots referred to as Mini lots hence the capital needed to open this Mini account isn't a lot as that required for opening a standard account.

1 Mini lot is the equivalent of 10,000 units of the base currency.

The Mini lot is equal to one tenth of standard lot.