How Much Money is 1 Nano lot in Forex? - Nano Lot Definition
The Nano account allows many retail traders to access the market because with account traders can trade smaller forex lots referred to as Nano lots hence capital needed to open this Nano account is not a lot as that needed for opening a standard account.
1 Nano lot is the equivalent of 100 Units of the base currency.
Nano lot is equivalent to one tenth of Micro lot.
For Nano lot the pip value per trade is equivalent to $0.01