Forex Glossary
What Is Lot?
The unit of trade size. A standard lot is 100,000 units; mini 10,000, micro 1,000.
Beginners often use micro (1,000 units) or mini (10,000 units) lots to limit risk; a standard lot is 100,000 units.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
Standard, mini, micro lots
A lot is the unit of trade size. A standard lot is 100,000 units, a mini lot 10,000 and a micro lot 1,000. Saying "I bought 1 lot of EUR/USD" means you opened a €100,000 position — you do not need €100,000 in your account, because leverage steps in.
Lot size directly sets the pip value: the bigger the position, the more a one-pip move is worth in your account. This is the core of risk management.
How to choose the right lot size
In practice the order is reversed: you first decide how much to risk, and lot size follows. Once the amount you accept losing and your stop-loss distance are set, the appropriate position size is a computable number.
Our position size calculator does exactly that: it derives lot count from account balance, risk percentage and stop distance. FXŞikayetvar gives no investment advice; the only claim here is that size should be calculated, not guessed.
How lots relate to margin
The number of lots you open determines the margin that will be reserved. Opening more lots on the same margin lowers your margin level and moves you closer to a margin call.
So "how many lots can I open" and "how many lots should I open" are not the same question. The platform answers the first; your risk calculation answers the second.
Warning sign: pressure applied through lot size
"Your account is small, you need to increase your lots to win" or "let us double the position to recover the loss" is a common pattern in the "investment expert" narrative used by unauthorised platforms. Increasing lot size does not recover a loss; it accelerates it.
If an "advisor" is directing your trades, check whether the firm behind them is SPK-authorised; the common tactics are described in our forex scams guide.