What is Lot?
![]()
Let’s say there is a quote for USD/CAD at the exchange rate of 1.4850. You probably wonder if it is possible to buy 1USD or 12USD… in fact you probably think that you can buy any “quantity” of USD. The answer is NO, you cannot simply buy any “quantity” of a currency. Similar to a pack of eggs, trading currency in FOREX is done in lots.
Standard lot size is USD $100,000.
Mini lot size is USD $10,000
You can buy as many lots as you want – one, two, or a hundred. One lots means you are buying USD $100,000. Two lots means you are buying USD $200,000 and so on and so forth. There are of course FOREX brokers that offer smaller lots.
What are such large amounts for? Currencies are measured in pips (the smallest increment of that currency). To observe any major profit or loss, large amounts of a currency must be traded.

Hi guys, anyone searching for an affordable online pharmacy to buy prescription drugs cheaply. I recommend this pharmacy: olanzapine. Selling high quality drugs and huge discounts. Best regards.
Hi, I recently found side effects info about prescription drugs, check out this online directory. It covers how to take meds in detail. Source: https://magmaxhealth.com/Allopurinol. Very informative.
Hey everyone, if anyone needs side effects info regarding health treatments, I recommend this drug database. You can read about drug interactions very well. See details: https://magmaxhealth.com/Lamictal. Thanks.
To understand the proper usage instructions, data is available at the official information page at: https://magmaxhealth.com/protonix.html which covers correct administration.