Forex lot size?

[zillur23]

In the forex market, lot size refers to the amount of currency being traded in a single transaction. A standard lot size is typically 100,000 units of a currency, but many brokers offer mini and micro lot sizes that allow traders to trade smaller amounts. For example, a mini lot is equal to 10,000 units and a micro lot is equal to 1,000 units. The value of a lot size can vary depending on the currency pair being traded, as well as the leverage being used.

 

[Dita Walczak]

Your trading risk depends on the lot size you usually take in your trading. Lowering leverage means lowering lot size and it falls into the jurisdiction of risk management strategy. Eurotrader provides flexible amount of leverages according to account types.