Can I trade micro lots and mini lots with Axi?
Most Forex pairs can be traded from a minimum of 0.01 lots (microlot), regardless of the account type. The maximum trade size varies between 100 lots for major currency pairs, 50 lots for minor currency pairs, and 20 lots for exotic currency pairs.
For other instruments, the maximum and minimum lot sizes varies:
- Commodity Cash CFDs: You can trade a minimum of 1 lot and a maximum of 400 lots.
- Bullion Spot CFDs: Here, flexibility reigns supreme. Minimum trade sizes start from a micro lot (0.01) and can go up to 20 lots.
- Commodity Future CFDs: Similar to Bullion Spot CFDs, minimums start from micro lots (0.01) but with a lower maximum of 10 lots (depending on the specific commodity).
- Index Cash CFDs: The minimum trade size is fixed at 1 lot, while the maximum varies by index, reaching up to 1000 lots for some.
- Index Futures CFDs: Here, micro lots (0.01) are again the minimum entry point. The maximum trade size is typically 10 lots, with an exception for the China50.fs index, which allows up to 20 lots.
For more information about maximum trade sizes for each instrument, please refer to our Product Schedule.
Lot Size – It varies per position but generally, the minimum lot size is 0.01 lot or 1 micro lot.
Minimum lot sizes
Lot size | Units of base currency | |
Standard Lot | 1 | 100,000 |
Mini Lot | 0.1 | 10,000 |
Micro Lot | 0.01 | 1,000 |
Minimum lot size can vary depending on the position being taken, but generally, our minimum lot size is 0.01 lot or 1 micro lot. A micro lot is equivalent to 1,000 units of base currency, while a mini lot is equivalent to 10,000 units of base currency.
Most forex pairs can be traded at a minimum of 1 micro lot, regardless of the account type. The maximum trading size is 200 standard lots. Axi allows traders using MT4 to trade mini and micro lots as well as standard lots.