# What is a Lot in trading?

Canonical: https://www.midasfx.com/faq/what-is-a-lot-in-trading

A lot is a standard size of a transaction. It is measured in base currency units.

The common lot sizes are:



- Standard: 100,000

- Mini: 10,000

- Micro: 1,000


Example: 1 standard lot of EURUSD = 100,000 euro; 1 micro lot of EURUSD = 1000 euro.