Definition of What is the Lot Size for Standard Lots

Definition of What's the Lot Size for Stock Standard Lots

Standard lot is equivalent to one standard indices trading contract. Standard lot volume in trading is therefore specified as 1 on trading software.

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

To set these standard lot 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 Indices Quote you want to trade & then below the stock indices Symbol, Choose the trade 'Volume' as 1 to specify Standard Lot.

How to Open Indices Standard Lot on MetaTrader 4 Standard Account

Standard Account Meaning - the definition of a Standard account is an account type where traders open trades using Standard lots.

The Standard account allows Standard lots therefore the capital required to open this Standard account is a lot more than that required for opening a Mini account.