What is Lot Size in Stocks for Micro Stock Account?

Definition of What is the Lot Size for Stocks Micro Lots

1 Micro lot is the equal to one hundredth of the standard stocks lot - Lot size for Micro lots is therefore equal to one hundredth of the standard stocks trading lot

Micro lot is equal to one hundredth of standard stocks lot. The micro lot volume in trading is therefore specified as 0.01 on the stocks trading software.

To Specify a Micro Lot for trading on the MT4 stocks Platform, use MetaTrader 4 open stocks orders guide described below:

To set these stocks orders on the MT4 Platform: open MT4, open a "stocks trading chart", right click on "stocks trading 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 Stocks Symbol you want to trade and then below the stocks Symbol, Select the trade "Volume" as 0.01 to specify Micro Lot.

How to Open a Stocks Micro Lot in MetaTrader 4 Micro Stocks Account

Stocks Micro Stocks Account Definition - the definition of a stocks micro stocks account is an account type where stocks traders open trades using micro lots. 1 Micro lot is equivalent to one hundredth of standard stocks trading lot.

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