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Forex Micro Lots

Forex Micro Lot Overview

Forex micro lots are used when trading currencies and are equivalent to 1,000 units of the base currency. They allow traders more flexibility when trading as they can trade in much smaller increments. A standard lot is 100,000 units of the base currency and a mini lot is 10,000 units. There are a variety of forex brokers that offer this type of trading. You can view a short list of micro lot brokers here.