Definition of What is the Lot Size for Mini Lots

Definition of What's the Lot Size for Mini Lots

1 Mini lot - Lot size for Mini lots is therefore equal to one tenth of the standard lot

The Mini lot is equal to one tenth of standard lot. The Mini lot volume in trading is therefore specified as 0.1 on software.

To Specify a Mini Lot for trading on MT4 Platform, use MT4 open orders guide described below:

To set these Mini lots orders in MT4 Software: open MT4, open a " chart', right click on ' chart', choose "New Order" and then choose order either sell or buy as pictured below. (Short Cut Keyboard Keys - Press F9). Select The Trading Quote you want to trade & then below the stock indices Symbol, Select trade 'Volume' as 0.1 to specify Mini Lot.

How to Open Indices Mini Lot in MT4 Mini Account

Mini Account Meaning - the definition of a trading Mini account is an account type where traders open trades using Mini lots. 1 Mini lot is the equivalent of one tenths units of the base lot of indices.

The Mini account allows many retail stock traders to access the trading market because with this trading account stock traders can trade smaller lots referred to as Mini lots therefore the capital needed to open this Mini account is not a lot as that needed for opening a standard account.