A minimum trading amount in a currency pair equal to one hundred thousand units of the Base Currency. For many retail forex traders, trading a standard lot of EUR100,000 in the EUR/USD currency pair can be quite risky since each pip or 0.0001 change seen in the EUR/USD exchange rate is worth $10 and market's movements can quickly earn or lose their portfolio considerable money.
Browse by Subjects
See All Related Terms »
real estate investment trust (REIT)
qualified acceptance of a bill
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):