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What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
When getting into forex trading, one of the key concepts traders need to understand is the "lot size." In the forex market, trades are executed in specific amounts known as lots, which represent the ...
Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...