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Basics

Standard lot

A standard lot is a trade size of 100,000 units of the base currency, written as 1.00 lot.

Also called: 1 lot, full lot

Hypothetical example

On EUR/USD, 1 standard lot is 100,000 euros. Hypothetically, a 1-pip move is worth $10, 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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