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Definition of 'Mini-Lot'
A currency trading lot size that is 1/10 the size of the standard lot of 100,000 units. One pip of a currency pair based in U.S. dollars is equal to $1 when trading a mini-lot, compared to $10 for a standard-lot trade. Mini-lots are available to trade if you open a mini-account with a forex dealer.
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Investopedia explains 'Mini-Lot'
Mini-accounts are not limited to only trading with one mini-lot at a time. To make an equivalent trade to a one standard-lot, a trader can trade 10 mini-lots. By using mini-lots instead of standard-lots, a trader can customize the trade, and have greater control of their risk exposure.
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Search results for 'Mini-Lot'
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http://www.investopedia.com/ask/answers/forex/mini-forex-account-advantages.asp
... units. In a mini lot, one pip of a currency pair based in US dollars is
equal to $1, compared to $10 for a standard-lot trade. Mini ...
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http://www.investopedia.com/articles/forex/08/mini-lot.asp
... What is a Pip? Before one can fully understand the benefits of a mini lot,
it is important to review the concept of a pip. A pip is ...
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http://www.investopedia.com/articles/trading/09/determine-position-size.asp
... If the trader risks 1% of their account on a trade, that means the trader can lose
$50 on a trade, which means they can take one mini lot for the trade ...
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http://www.investopedia.com/articles/forex/10/making-a-rule-based-trading-system.asp
... To overcome this, you must reduce your trading size from a standard lot to a
mini-lot. One pip in a mini-lot is equal to approximately $1. ...
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http://www.investopedia.com/articles/forex/08/forex-account-type.asp
... using mini lots. In most brokerage accounts, a mini lot is equal to $10,000,
or one-tenth of a standard account. Most brokers that ...
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http://www.investopedia.com/articles/forex/06/FXMoneyMgmt.asp
... On a hypothetical $10,000 trading account, a trader could risk $200, or about 200
points, on one mini lot (10,000 units) of EUR/USD, or only 20 points on a ...
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http://www.investopedia.com/articles/forex/10/forex-risk-management.asp
... If one pip in a mini lot is equal to approximately $1 and your risk is
50 pips then, for each lot you trade, you are risking $50. ...
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http://www.investopedia.com/articles/forex/10/top-reasons-forex-traders-fail.asp
... accounts. This coincides with one mini lot ($10,000) for every $5,000 and
one micro lot ($1,000) for every $500 of account value. ...
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http://www.investopedia.com/ask/answers/forex/forex-arbritrage.asp
... In this case, a forex trader could buy one mini-lot of EUR for $11,837 USD. The
trader could then sell the 10,000 Euros, for 7,231 British pounds. ...
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http://www.investopedia.com/articles/forex/08/margin-leverage-forex.asp
... Thus, a stop-loss of 30 pips could represent a potential loss of $30 for a single
mini lot, $300 for 10 mini lots and $3,000 for 100 mini lots. ...
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