Admirals Lot Size & Contract Specifications
How lot sizes and contract sizes work at Admirals.
Open Admirals Account →At Admirals, 1 standard lot = 100,000 units of the base currency; the minimum trade is 0.01 lots and a pip is worth about $10 per standard lot on USD pairs.
Lot sizes explained
- 1 standard lot = 100,000 units of the base currency in forex.
- A mini lot is 0.1 lots (10,000 units); a micro lot is 0.01 lots (1,000 units).
- The minimum trade size at Admirals is typically 0.01 lots.
- Pip value for 1 standard lot on USD-quoted pairs is about $10 per pip.
Frequently asked questions
What is a lot at Admirals?
1 standard lot = 100,000 units; mini = 0.1 lots, micro = 0.01 lots.
What is the minimum lot size?
Typically 0.01 lots (a micro lot).