The number of trades is the number of orders made by the trader.
A standard lot of online foreign exchange trading represents 10,000.00, 0.1 lot is 10,000 base money, and 0.01 lot is 1,000. Due to the real-time changes of different currency values, the margin will also increase or decrease at any time.
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Therefore, the amount of money needed for different trades depends on the amount of trading leverage and the specific currency pair.
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For example, if your base currency is dollars, the first hand represents $100,000, and if your base currency is Euros, the second hand represents 100,000.
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Some FOREIGN EXCHANGE platforms WANT TO DO THE LOWEST hand, some platforms can be lower, at present most of the lowest number of transactions is 0.01 hands.
