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Basics

Micro lot

A micro lot is one hundredth of a standard lot: 1,000 units of the base currency, written as 0.01 lots.

Also called: 0.01 lot, micro-lot

Hypothetical example

On EUR/USD, a micro lot is 1,000 euros. Hypothetically, a 10-pip move is worth $1, up or down.

Related terms

Used in these guides

  • Basics8 min read

    Pips, lots and spreads explained

    How price moves are measured, how trade size turns pips into money, and what the spread costs you on every trade.

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