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What lot is equivalent to 100,000 units of currencies traded and $10 per pip move?

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In forex trading, a standard lot is equivalent to 100,000 units of the base currency, and each pip typically has a value of $10 for a standard lot.


So, in your case, with 100,000 units traded and $10 per pip move, you are trading a standard lot


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What is traded in forex?

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