What is a Mini-Lot?

A Mini-Lot is 1/10 the size of a standard lot.
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A Mini-Lot is 1/10 the size of a standard lot. A mini-lot is equal to 10,000 units of the base currency to be traded. The pip size for trading 1 mini-lot if trading EUR/USD would be $1 compared to $10 for a standard lot.

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