TRADING GLOSSARY
Micro lot
A micro lot is 0.01 lots: 1,000 units of the base currency, one hundredth of a standard lot.
EXAMPLE
A micro lot of EURUSD moves about 0.10 USD per pip, which makes it useful for small accounts and testing.
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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