A lot is the unit of trade size in Forex. Choosing the right lot size is how you control exactly how much money each pip is worth — and therefore how much you risk.
The four standard sizes
Astandard lotis 100,000 units of the base currency. Amini lotis 10,000 units, amicro lotis 1,000, and anano lotis 100. Most beginners should trade micro Lot while learning, because the money risked per pip is small enough to survive mistakes.
Ukuran lot to pip value
On a standard lot of a USD-quoted pair, one pip is roughly $10. On a mini lot it's about $1, on a micro lot about $0.10. This direct link between lot size and pip value is the lever you use to set risk: smaller Lot mean smaller swings in your account.
Why starting small is not weakness
The trader who survives Long enough to get good is the one who sized small early. Trading micro Lot while you build a track record is the disciplined choice, not a beginner's limitation.
Key takeaways
- Standard 100k, mini 10k, micro 1k, nano 100 units of the base currency.
- Pip value scales with lot size (~$10 / $1 / $0.10 per pip).
- Trading micro Lot while learning to keep mistakes survivable.