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Balance and Lot size
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In Forex, 1 standard lot means to a volume of 100.000 units. So when you buy 1 lot of a forex pair, that means you purchased 100.000 units from the base currency (the first currency appearing in a forex pair). For example, assume that the EUR USD exchange rate is 1.30 When you buy 1 lot of EUR USD you will be making $130,000 worth of purchase. For more, you can look at what is Lot in Forex.
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