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Microlot

Discussion in 'Traders Glossary' started by Pharaoh, Aug 20, 2008.

  1. Pharaoh

    Pharaoh Colonel

    Joined:
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    A microlot is 1/100 the size of a standard lot. One microlot would be 1000 units of the quote currency ($1000 for xxxUSD pairs).

    For microlots of xxxUSD pairs, a one pip move is worth $0.10 (10 cents).
     
    #1 Pharaoh, Aug 20, 2008
    Last edited: Aug 23, 2008

Y

y/y

Z

ZEW

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