How Much Money is 1 Mini Lot in Oil Trading?

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 known as Mini lots therefore capital needed to open this Mini crude oil trading account is not a lot as that required for opening a standard crude oil trading account.

1 Mini lot is equivalent of one tenths units of the base lot of oil.

Mini lot is equal to one tenth of the standard oil trading lot.