---
title: "Lot - Meaning & GFN's Figure - Get Funded Now"
description: "The unit position size is measured in. One standard forex lot is 100,000 units of the base currency; mini and micro lots are one tenth and one hundredth…"
url: "https://getfundednow.com/glossary/lot"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/lot"
  pt-BR: "https://getfundednow.com/pt-br/glossary/lot"
  fr: "https://getfundednow.com/fr/glossary/lot"
  it: "https://getfundednow.com/it/glossary/lot"
  de: "https://getfundednow.com/de/glossary/lot"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Trading mechanics

# Lot

The unit position size is measured in. One standard forex lot is 100,000 units of the base currency; mini and micro lots are one tenth and one hundredth of that.

GFN’s figure

GFN publishes no single universal maximum lot size. Position size is constrained by leverage of up to 1:50, available margin and your risk limits - and trading a permitted lot size does not excuse a breach of the drawdown rules.

- **Maximum lot size**: No universal figure - constrained by margin and risk limits
- **Leverage**: Up to 1:50
- **Minimum hold time**: 2 minutes

In detail

## Lot, explained

Lot size is the single variable that converts a market move into a dollar outcome, which makes it the main lever a trader has over whether a risk rule is survivable.

Prop firms rarely publish one universal maximum lot size, because position size is already constrained by leverage, margin and the risk limits. A technically permitted size is not permission to breach.

[The rule in full →](https://getfundednow.com/rules/margin-and-lot-size) · [Rules handbook](https://getfundednow.com/rules) · [Forex at GFN](https://getfundednow.com/instruments/forex) · [More trading mechanics](https://getfundednow.com/glossary/category/mechanics)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Standard lot](https://getfundednow.com/glossary/standard-lot) - 100,000 units of the base currency - the full-size forex contract. On most dollar-quoted pairs it is worth roughly $10 per pip, which makes it the reference every other size is scaled from.
- [Mini lot](https://getfundednow.com/glossary/mini-lot) - 10,000 units of the base currency, one tenth of a standard lot. On most dollar-quoted pairs it is worth about $1 per pip, which is the size most small evaluation accounts actually trade.
- [Micro lot](https://getfundednow.com/glossary/micro-lot) - 1,000 units of the base currency, one hundredth of a standard lot. Worth roughly $0.10 per pip on most dollar-quoted pairs, it is the smallest size most accounts can trade.
- [Position size](https://getfundednow.com/glossary/position-size) - How many lots a trade is placed in. It is calculated from the dollar amount being risked and the stop distance, not chosen first - which is the reverse of how most traders approach it.
- [Margin](https://getfundednow.com/glossary/margin) - The portion of account equity set aside to hold an open position. It is a deposit against the position rather than a cost, and it is returned to free margin when the position closes.

Also governed by [/rules/margin-and-lot-size](https://getfundednow.com/rules/margin-and-lot-size)

[Free margin](https://getfundednow.com/glossary/free-margin)

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Source: https://getfundednow.com/glossary/lot
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt