Cryptocurrency Q&A
Is 0.01 a mini lot?
Is 0.01 a mini lot?
emma_lewis_pilot
Thu Dec 26 2024
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6 answers
1528
I'm trying to understand trading volumes and lot sizes. Specifically, I want to know if 0.01 is considered a mini lot in trading terminology.
6 answers
Leonardo
Sat Dec 28 2024
In terms of units, a mini lot consists of 10,000 units of the base currency.
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EnchantedNebula
Sat Dec 28 2024
A mini lot represents a fraction of a standard lot in financial trading.
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BitcoinBaroness
Sat Dec 28 2024
Specifically, a mini lot is equivalent to 0.1 of a standard lot.
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Margherita
Fri Dec 27 2024
On the other hand, a micro lot is an even smaller fraction of a standard lot.
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Andrea
Fri Dec 27 2024
It is equivalent to 0.01 of a standard lot.
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