Cryptocurrency Q&A
How much is a mini lot?
How much is a mini lot?
Bianca
Wed Dec 18 2024
|
7 answers
1631
I am considering purchasing a mini lot, but I am not sure about the pricing. I want to know how much a mini lot typically costs. Can someone please tell me the approximate price range for a mini lot?
7 answers
CryptoPioneer
Fri Dec 20 2024
It is equivalent to one-tenth of a standard lot, which consists of 100,000 units.
Was this helpful?
284
41
SsamziegangStroll
Fri Dec 20 2024
This compares to a standard lot, where one pip is equal to $10.01.
Was this helpful?
208
90
EchoWave
Fri Dec 20 2024
Therefore, a mini lot comprises 10,000 units of currency.
Was this helpful?
288
50
CryptoPioneer
Fri Dec 20 2024
When trading a currency pair based in U.S. dollars, one pip is significant.
Was this helpful?
141
31
OceanSoul
Fri Dec 20 2024
In the context of a mini lot, one pip is equivalent to $1.01.
Was this helpful?
369
39
Load 5 more related questions
