Trader's Glossary

Micro Lot

1/100 of a standard lot. In forex trading, a Micro Lot represents 1,000 units of the base currency in a pair.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Industrial Production" - An economic indicator that considers manufacturing, mining and utilities in a country or economic region and reports on the total value of the region’s industrial output.
Pro Tip

Never open a trading account with a non-regulated broker.

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