Protection and Account Mechanics / Protection

What is Lot Size?

Lot size is the amount of an instrument represented by your position.

Lesson 3 / 73 minBeginner
01 / What you'll learn

Lot size is the amount of an instrument represented by your position.

04 / Visual explainer
Smaller■■0.01 is not a fixed cash result.
Larger■■■■■■■■Contract rules vary by broker and instrument.
05 / WHY IT MATTERS

Position size changes how much a price move can affect an account.

06 / Explain it simply

What is Lot Size?

Lot size is the amount of an instrument represented by your position.

07 / Everyday example

A small box and a large box hold different amounts. A larger lot can make each price movement matter more.

08 / MT5 example
BrokerMT5Your order

The Volume field in MT5 uses the broker's allowed step and minimum. Read the symbol specification before choosing it.

DEMO ACCOUNT

What is Lot Size?

Practice with Virtual money. No live order is required.

  1. 1Open your demo account
  2. 2Choose a symbol
  3. 3Open the order window
  4. 4Find the relevant field
  5. 5Enter a practice value
  6. 6Review before submitting
09 / Key takeaways
  • Lot is a position-size unit.
  • Contract size differs by instrument and broker.
  • More volume can magnify outcomes.
10 / Common mistake

Copying a lot size from another symbol or account without checking the contract.

Mini quiz

What does lot size describe?

Quiz progress is saved with this lesson when you mark it complete.