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Thread: Can someone please explain

  1. #1

    Can someone please explain

    Hi all,

    Newbee here asking a Clear question That I just Can Not seem to Receive my Mind about:

    Can some please explain to me once and for all the differance between:
    Lots, Mini Lots and Units (Oanda has them and you buy/sell them in the thousands)

    Thanks heaps Beforehand

  2. #2
    Thanks Soso

    Your Assists greatly appreciated

  3. #3
    Hello,

    Exmaple USDCHF:

    Buy 1 Lot = Buy 100000 USD
    Buy 1 Mini-Lot = Buy 10000 USD
    Buy 1 Unit = Buy 1 USD

    Oanda's Components are superb, you can confortably trade with 100 USD account, you can increase your trade size as your account increases.

    -soso

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