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January 16, 2018

Question:What is the trading volume for each lot? How many units for 1 lot?

Answer:

Trade volume is the size of the order you are executing and can be referred to in terms of the number of standard lots or units of a standard lot.

Each standard lot is equal to 100,000 of the base currency.

A unit of a standard lot such as 0.2 is equal to 20,000 of the base currency.

The trading volume, as in the amount of unit for each lot can be different by the symbols.

The trading volume can also be different by the account types.

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