How Much Money is 1 Standard lot in Forex? - Standard Lot Definition
The Standard account allows Standard lots hence the capital needed to open this Standard account is much more than that required for registering a Mini account.
1 Standard lot is equal to 100,000 units of the base currency.
Standard lot is equivalent to one standard lot.
For Standard lot the pip value per trade is equivalent to $10
Learn More Tutorials & Courses:
- How to Set On Balance Volume Trading Indicator on a Chart on MT4 Software Platform
- How Do I Use Trade Forex Software MetaTrader 5 Platform?
- How to Set Relative Strength Index, RSI XAUUSD Indicator on MT4 RSI XAU/USD Indicator Technical Analysis for Day Trade
- EURRUB Spread Described
- Gann HiLo Activator Technical Analysis in Forex Trading