What are Forex Standard Accounts? - Forex Trading Standard Account

Forex Standard Accounts are forex accounts type where forex traders open forex trades using Standard lots. 1 Forex Standard lot is the equivalent of 100,000 units of the base currency.

The Standard forex account allows Standard lots therefore the capital needed to open this Standard forex account is a lot more than that required for opening a Mini forex account.

Standard lot is equivalent to one standard forex contract.

For Standard lots the pip value per trade is equal to $10