Definition of What is the Lot Size for Trading Nano Lots

Definition of What's the Lot Size for Trading Nano Lots

1 Nano lot - Lot size for Nano lots is therefore equal to one thousandth of base lot

Nano lot is equivalent to one tenth of the Micro lot. The Nano lot volume in trading is therefore specified as 0.01 on trading software.

To Specify a Nano Lot for trading on MetaTrader 4 Platform, use MetaTrader 4 open orders lesson described below:

To set these orders on Meta Trader 4 Software: open MT4, open a " chart', right click on ' chart', choose "New Order" and then choose order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The Trading Quote you want to trade & then below the Symbol, Select the trade "Volume" as 0.001 to specify Nano Lot.

How Do I Open a Trading Nano Lot in MT4 Nano Account

Nano Account Meaning - the definition of a Nano account is an account type where traders place trades using Nano lots. 1 Nano lot is equivalent of 100 units of the base lot of indices.

The Nano account allows many retail stock traders to access the market because with this account stock traders can trade smaller lots referred to as Nano lots therefore the capital needed to open this Nano account is not a lot as that required for opening a standard account.