standard lot

The full-size trading bundle for currencies: 100,000 units of a currency.

The fuller meaning

A forex lot of 100,000 units of the base currency. On EUR/USD one pip is worth about 10 dollars per standard lot, so small price moves mean large money swings; mini and micro lots allow finer sizing.

standard lot.

Related words

24/7 market · after-hours · Asian session · ask · base currency · bid · bid-ask spread · Bitcoin · BSE · business income