🔄 Forex
Lot Size Converter
Convert between standard lots, mini lots, micro lots, and units instantly. Know exactly what size you are trading in every format.
🔄 Lot Size Converter
100,000Total Units
Standard Lots1Pip: $10.00 (EUR/USD)
Mini Lots10Pip: $10.00 (EUR/USD)
Micro Lots100Pip: $10.00 (EUR/USD)
Nano Lots1,000Pip: $10.00 (EUR/USD)
Units100,000Pip: $10.00 (EUR/USD)
Pip value shown for EUR/USD standard lot. Actual pip values vary by pair and broker.
Forex lot sizes explained
Forex positions are measured in lots, where each lot represents a standardised number of units of the base currency. Understanding lot sizes is fundamental to calculating position size, pip value, and risk before placing any trade.
Lot size reference table
Standard Lot = 100,000 units | Pip Value = $10
Mini Lot = 10,000 units | Pip Value = $1
Micro Lot = 1,000 units | Pip Value = $0.10
Nano Lot = 100 units | Pip Value = $0.01
Which lot size should you trade?
- Under $5,000 account: Micro lots (0.01–0.10) keep risk per trade manageable.
- $5,000–$25,000: Mini lots (0.1–1.0) with 1–2% risk per trade.
- Over $25,000: Standard lots, still limited by position sizing rules — not account size alone.
Always use the position sizing calculator to determine your lot size based on your stop loss distance — not based on your "gut feel" about how much you want to make.
Pro tip: Most new traders trade too large. Starting with micro lots lets you learn real trading psychology (the discipline required to follow your rules) with minimal financial risk. Scaling up only after demonstrating consistency is the professional approach.