Mini lot
10,000 units of the base currency, shown as 0.10 lots. On USD-quoted pairs one pip is worth about $1.
With real data
Pip value of 0.10 lot (USD account)
Calculated from price data up to 6 October 2026.
Related terms
Lot
A standardised position size. A standard lot is 100,000 units of…
Standard lot
100,000 units of the base currency, shown as 1.00 in most trading…
Micro lot
1,000 units of the base currency, shown as 0.01 lots and the…
Account currency
The currency your trading account is held in. Profits, losses and…
Ask
The price at which the market will sell to you, so it is the price…
Base currency
The first currency in a pair. In GBP/USD it is the pound. Buying…