Micro Lot
Trading BasicsA trade size of 1,000 units of the base currency, equal to one-hundredth of a standard lot. One pip equals roughly $0.10 on EUR/USD.
What Is a Micro Lot?
A micro lot is 1,000 units of the Base Currency. It is one-hundredth of a standard Lot and one-tenth of a Mini Lot. Micro lots are the most common lot size for retail traders, especially those with smaller accounts or those who are still learning.
Micro Lot Pip Value
For EUR/USD, one Pip on a micro lot is worth approximately $0.10. This makes risk management accessible for accounts as small as $100. A 50-pip Stop-Loss on one micro lot of EUR/USD risks just $5.
Advantages of Micro Lots
Micro lots allow very precise position sizing. Instead of trading 1 or 2 mini lots, you can trade 13 or 17 micro lots to match your exact risk target. Most regulated brokers support micro lot trading. Check our Position Size Calculator to calculate the ideal number of micro lots for your account and risk parameters.
Related Terms
Lot
The standard unit of trade size in forex. One standard lot equals 100,000 units of the base currency.
Mini Lot
A trade size of 10,000 units of the base currency, equal to one-tenth of a standard lot. One pip equals roughly $1 on EUR/USD.
Nano Lot
A trade size of 100 units of the base currency, the smallest available lot size. One pip equals roughly $0.01 on EUR/USD.
Position Sizing
The process of determining how many lots or units to trade based on your account size, risk tolerance, and stop-loss distance. Proper position sizing ensures no single trade can cause catastrophic damage to your account.