Mini lots are larger than micro lots, with 10,000 units of the base currency. They are a popular choice for traders who want to increase their exposure to the market without taking on too much risk.
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AriannaWed Dec 18 2024
In financial markets, options are contracts that provide holders with the right to buy or sell an underlying asset at a specific price within a certain period.
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ClaudioWed Dec 18 2024
A standard option contract typically represents 100 shares of the underlying stock. This means that if an option is exercised, the holder can buy or sell 100 shares of the stock at the agreed-upon price.
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MartinaWed Dec 18 2024
Unlike options, forex trading involves the exchange of currencies. Forex is traded in different lot sizes, which determine the amount of currency being traded.
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CryptoVanguardWed Dec 18 2024
Micro lots are the smallest lot size in forex trading, equivalent to 1,000 units of the base currency. This allows traders to enter the market with a relatively small amount of capital.