TRADING GLOSSARY
Lot
A lot is the unit used to size a trade. In forex one standard lot is 100,000 units of the base currency; for other instruments the lot size is set by the contract size.
EXAMPLE
Buying 0.5 lots of GBPUSD means buying 50,000 British pounds against the US dollar.
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RELATED TERMS
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure