Cryptocurrency Q&A How much is 2 micro lots?

How much is 2 micro lots?

Luigia Luigia Thu Dec 05 2024 | 5 answers 1377
I'm trying to figure out the value of 2 micro lots. I need to know how much this amount represents, probably in terms of a financial instrument or currency. How much is 2 micro lots?

5 answers

GwanghwamunPride GwanghwamunPride Sat Dec 07 2024
A micro forex lot represents a fraction of the standard trading lot size in the foreign exchange market.

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Caterina Caterina Fri Dec 06 2024
Specifically, it is one-tenth the size of a mini lot, which is itself a smaller version of the standard lot.

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Chiara Chiara Fri Dec 06 2024
In terms of currency units, a micro forex lot is equivalent to 1000 units.

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BitcoinWarrior BitcoinWarrior Fri Dec 06 2024
This makes it an accessible option for traders with limited capital, as it allows them to participate in the market with smaller stakes.

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Dreamchaser Dreamchaser Fri Dec 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services beyond forex trading. These include spot trading, futures trading, and wallet services.

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