Hello everyone,
can anyone please help me out. What’s the difference between mini and micro lot in terms of pip value. Because i know that in a standard account, 1 pip value is $10. But both mini and micro lot seem to have the same pip value, So how do they differ?
hi
there is a big difference between standard,mini and micro accounts.
standard lot is 100.000 units aprox. 1 lot worth of 9$ (depend of currency pair)
mini lot is 10.000 units aprox. 1 lot worth of 0.9$
micro lot is 1.000 units aprox 1 lot worth of 0.09$
have a good one
I hope this helps. Im a biginner myself so pros tell me if Im correct. 
…|Standard Account| Mini Account…| Micro Account
Size of 1 lot…| $100,000…| $10,000…| $1,000
Leverage / (the amount of your money used to trade one lot)
1:10…|$10,000…| $1,000…| $100
1:20…| $5,000… | $500…| $50
1:50…|$2,000…| $200…| $20
1:100…| $1000…| $ 100…| $10
1:200…| $500…| $50…| $5
1:400…| $250…| $25…| $2.50
Reward per pip…| $10 …|$1…| $0.10
2 Likes
To Yolybear :
You are correct - well done!
By the way, you can create columns in Microsoft Word and paste it into here.
I am tring to post the table so that it is visible but I have yet to figure it out I need help with that.
But I did manage to attach the word file.