InstaForex provides an opportunity to trade on Forex using three types of accounts in one: Micro Forex, Mini Forex, and Standard Forex. In order to make it possible, the company came up with a non-standard 10000 lot, which at the trade of 0.01 lot gives the pip value of 0.01 USD, i.e. the absolute minimum. It enables the holders of accounts up to 5,000-10,000 to control their risks effectively. What is more, the lot size of 10,000 makes it convenient to calculate the pip value when opening deals.
Just have a look at the information below:
0.01 InstaForex lot trade= 0.01 USD pip value
0.1 InstaForex lot trade= 0.1 USD pip value
1 InstaForex lot trade= 1 USD pip value
10 InstaForex lot trade = 10 USD pip value
100 InstaForex lot trade = 100 USD pip value
1000 InstaForex lot trade = 1000 USD pip value
Easy ways to calculate the pip value and the opportunity to combine three levels of Forex trading in one trading account at once makes InstaForex lots an indisputable advantage of the company's trading terms.