Nano lot
100 units of the base currency. Only some brokers offer it, usually on cent accounts.
Related terms
Micro lot
1,000 units of the base currency, shown as 0.01 lots and the…
Lot
A standardised position size. A standard lot is 100,000 units of…
Cent account
An account denominated in cents, so balances and lot values are…
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…