Learn to Trade Forex

If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.

So now we know that the broker is lending us money to trade based on the leverage settings. But how much money can I trade per trade?

This is measured in units and there are 4 types:

• Lot equivalent to 100,000 units
• Mini Lot equivalent to 10,000 units
• Micro Lot equivalent to 1,000 units
• Nano Lot equivalent to 100 units

So when you enter a trade in EUR/USD and the prices are set as 1.3075 / 1.3078, the following is what is happening in the market

• Trade of 1 Lot (1), you actually entered the trade with 100,000 Euros
• Trade of 1 Mini Lot (0.1), you actually entered the trade with 10,000 Euros
• Trade of 1 Micro Lot (0.01), you actually entered the trade with 1,000 Euros
• Trade of 1 Nano Lot (0.001), you actually entered the trade with 100 Euros

Further to our leverage example, if you have an account of $250, with a leverage of 1:100, you are actually trading with $25,000. So can you enter a trade with 1 lot?

Of course not. 1 lot is $100,000, and you only have $25,000. How about mini lot then? Can we enter the trade with 0.1 lot?

If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.

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