How is Lot Size Calculated in Oil Trading for Mini Oil Trading Account?

Calculate Crude Oil Trading Lot Size for Mini Lots

1 Mini oil lot - Lot size for Mini lots is therefore equal to one tenth of the standard oil lot.

The Mini lot is calculated as a equal to one tenth of the standard oil lot. The Mini lot volume in trading is therefore specified as 0.1 on the oil trading platform.

To Specify a Mini Lot trade size when opening a trade in MT4 oil trading Platform, use the MetaTrader 4 open oil orders tutorial described below:

To set these Mini lots oil orders in MetaTrader 4 Platform: open MT4, open a "oil chart", right click on "oil chart", choose 'New Order' and then select the order either sell or buy as shown below. (Keyboard Short Cut Keys - Press F9 Key). Select The Oil Trading Symbol you want to trade and then below oil Symbol, Select the trade "Volume" as 0.1 to specify Crude Oil Trading Mini Lot Size.

How to Calculate a Oil Trading Crude Oil Mini Lot Size on MT4 Mini Oil Trading Account

Mini Oil Account Definition - the definition of a oil trading Mini crude oil trading account is an account type where traders open trades using Mini lots. 1 Mini lot is the equivalent of one tenths units of the base lot of oil.

The Mini oil trading account allows many retail crude oil traders to access the crude oil market because with this crude oil trading account crude oil traders can trade smaller oil lots referred to as Mini lots therefore the capital needed to open this Mini crude oil account is not a lot as that required for opening a standard crude oil trading account.