Forex Sizing Tool

Forex Lot Size Converter

Enter a trade size in any lot type and instantly see the exact units it represents — plus the equivalent standard, mini, micro, and nano lots, so you can place the order in whatever format your platform uses.

1

How much you want to trade, expressed in the lot type below.

Standard

The unit your trade size is measured in — pick what your platform shows.

Position Size in Units 100,000 units

1 standard lot equals 100,000 units — the same trade as 10 mini, 100 micro, or 1,000 nano lots.

Standard Lots1
Mini Lots10
Micro Lots100
Nano Lots1,000

For educational purposes only. Read our risk warning before trading.

The Math

How Lot Sizes Convert to Units

Every lot type is just a fixed number of units of the base currency. Multiply your trade size by the units in one of that lot type to get the total units, then divide those units by each lot's unit count to read the trade in any other format.

Quick Reference

Units in Each Lot Type

Lot TypeUnits
Standard100,000
Mini10,000
Micro1,000
Nano100

Frequently Asked Questions

What is a standard lot?

A standard lot is 100,000 units of the base currency — the largest of the common sizes. On most USD-quoted pairs that makes each pip worth about $10, so a standard lot moves your account meaningfully on even small price changes.

How many units in a mini lot?

A mini lot is 10,000 units, or 0.1 of a standard lot. It is one tenth the size, so pip value and exposure are also one tenth — roughly $1 per pip on most USD-quoted pairs, which makes it far easier to control risk on a smaller account.

What lot size suits a beginner?

Micro lots (1,000 units) or nano lots (100 units) keep each pip worth cents rather than dollars, so a learning mistake costs little. Start small, size every trade from a fixed risk percentage, and scale up only once your process is consistent.

Do all brokers use these sizes?

Standard, mini, and micro lots are near-universal, but nano lots are offered by fewer brokers, and some quote size directly in units instead. Always confirm your broker's contract size before trading — this converter lets you translate between whichever format you and your platform use.