Currencies and PipValue per Lot (Mini)
Table below lists currency pairs that are offered to trade by Retail Forex. The Pipvalue per lot column illustrates the value in US Dollars for each Pipmovement. A lot is a term used to describe multiple units of currency traded together (as in pre-defined bulk). A standard lot usually refers to 100,000 currency units (calculated after leverage applied). Mini lot refers to 10,000 units and Micro lot to 1,000 units. Retail FX generally deals with mini lot calculation.
Table below is intended for illustration purpose only as Pipvalue per lot may change according to relevant rate fluctuations.
