1 Lot Size Forex

• Standard lot is perhaps the most common type of contract on the Forex market and among brokers. Mini lot is called fractional, it is equal to 1/10 of the standard lot size. It’s much less used than the standard lot.
• You have not provided sufficient context for your question, as this may apply to Lot Size or to a price change on a chart.

These different sizes include: Lot Size in Forex. Standard Lot Size. A Standard Lot size is the most commonly used among the four different types of Lot sizes. This Lot size holds 100,000 units of the base currency, and is assigned the value of 1. The Position Size Calculator will calculate the required position size based on your currency pair, risk level (either in terms of percentage or money) and the stop loss in pips.

For those of you who are interested but do not know how to trade lot sizes on Commodities above.

Silver:

Standard Lot:

When trading 1 full sized lot on silver, I.e. Volume = 1.00 you are buying 5000 ounces of silver on margin. So your margin held will be 1% of the total price of silver, multiplied by 5000. For example, if silver is trading at 38.000, multiply 38.000 by 5000 and then divide by 100 to get your 1% margin. You would be using $1900 USD in Margin, and your profit and loss will be $50 USD per 2nd decimal point movement.

I.e. If silver is at 37.825 and moves to 37.835 and you are long, you will have made $50 USD.

Or if Silver is at 37.825 and moves to 37.865 and your are long, you would of made $200 USD.

Or if Silver is at 37.950 and moves to 37.970 and your are long, you would of made $100 USD

Mini Lot:

When trading 1 mini lot, I.e. Volume = 0.10 you are buying 500 ounces of silver on margin. So your margin held will be 1% of the total price of silver, multiplied by 500. For example, if silver is trading at 38.000, multiply 38.000 by 500 and then divide by 100 to get your 1% margin. You would be using $190 USD in Margin, and your profit and loss will be $5 USD per 2nd decimal point movement.

I.e. If silver is at 37.825 and moves to 37.835 and you are long, you will have made $5 USD.

Or if Silver is at 37.825 and moves to 37.865 and your are long, you would of made $20 USD.

Or if Silver is at 37.950 and moves to 37.970 and your are long, you would of made $10 USD

Micro Lot:

When trading 1 micro lot, I.e. Volume = 0.010.
you are buying 50 ounces of silver on margin. So your margin held will be 1% of the total price of silver, multiplied by 50. For example, if silver is trading at 38.000, multiply 38.000 by 50 and then divide by 100 to get your 1% margin. You would be using $19 USD in Margin, and your profit and loss will be 50c USD per 2nd decimal point movement.

I.e. If silver is at 37.000 and moves to 37.001 and you are long, you will have made 5c USD.

Or if Silver is at 37.825 and moves to 37.865 and your are long, you would of made $2 USD.

Or if Silver is at 37.950 and moves to 37.970 and your are long, you would of made $1 USD

Gold:

Standard Lot:
When trading 1 full sized lot of gold, I.e. Volume = 1.00, you are buying 100 ounces of gold on margin. The margin held will be the price of gold in USD when the contract is bought. For every point movement, you will make $1.

I.e. If Gold is 1535.00 and moves to 1535.05 and you are long, you will make $5 USD.

Or if Gold is at 1527.10 and moves to 1527.50 and your are long, you will make $40 USD.

Mini Lot:

When trading 1 full sized lot of gold, I.e. Volume = 0.10 you are buying 10 ounces of gold on margin. The margin held will be the price of gold in USD when the contract is bought. For every point movement, you will make 10c

I.e. If Gold is 1535.00 and moves to 1535.05 and you are long, you will make 50c USD.

Or if Gold is at 1527.10 and moves to 1527.50 and your are long, you will make $4 USD.

Micro Lot:

When trading 1 full sized lot of gold, I.e. Volume 0.01, you are buying 1 ounces of gold on margin. The margin held will be the price of gold in USD when the contract is bought. For every point movement, you will make 1c

I.e. If Gold is 1535.00 and moves to 1535.01 and you are long, you will make 1c USD.

Or if Gold is at 1527.10 and moves to 1527.50 and your are long, you will make 40c USD.

Oil:

Standard Lot:

When trading 1 full sized lot of Oil, I.e. Volume = 1.00, you are trading 1000 barrels of oil on margin. The margin held will be $1000 USD. For every cent movement, you will make $10.

I.e. If Oil is at 101.90 and moves to 101.99 and you are long, you would of made $90 USD.

Lot Size Explained Forex

Mini Lot:

When trading 1 mini sized lot of Oil, I.e. Volume = 0.10, you are trading 100 barrels of oil on margin. The margin held will be $100 USD. For every cent movement, you will make $1.

I.e. If Oil is at 101.90 and moves to 101.99 and you are long, you would of made $9 USD.

Micro Lot:

When trading 1 micro sized lot of Oil, I.e. Volume = 0.01, you are trading 10 barrels of oil on margin. The margin held will be $10 USD. For every cent movement, you will make $0.10.

I.e. If Oil is at 101.90 and moves to 101.99 and you are long, you would of made $0.90 USD.

Forex Lots Explained

Happy Trading!!

1 Lot Size Forex Box