Size and cost
Lot size
Convert units into standard, mini, micro and nano lots. Example numbers are filled in so the arithmetic is visible. They are not live quotes.
- Standard lots
- 1.00
- Mini lots
- 10.00
- Micro lots
- 100.00
- Nano lots
- 1,000.00
- Notional, quote currency
- 110,000.00
Mini, micro and nano use 10,000, 1,000 and 100 units. Standard lots use the 100,000 forex contract.
Formula. Standard lots = units ÷ contract size (100,000 for the forex presets). Mini, micro and nano use 10,000, 1,000 and 100 units. Notional in the quote currency = units × price.