---
title: "Mini lot - Meaning & GFN's Figure - Get Funded Now"
description: "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…"
url: "https://getfundednow.com/glossary/mini-lot"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/mini-lot"
  pt-BR: "https://getfundednow.com/pt-br/glossary/mini-lot"
  fr: "https://getfundednow.com/fr/glossary/mini-lot"
  it: "https://getfundednow.com/it/glossary/mini-lot"
  de: "https://getfundednow.com/de/glossary/mini-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

# 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.

GFN’s figure

On a $25,000 GFN 2 Step account, the 5% daily loss limit is $1,250 - 1,250 pips at one mini lot worth $1 per pip, or 25 setups risking 50 pips each.

In detail

## Mini lot, explained

Mini lots are where position sizing becomes granular enough to respect a small daily limit. At $1 per pip, a 50-pip stop risks $50 - a figure that fits inside a small account's allowance many times over.

Sizing in mini lots also makes partial exits practical, because a position can be reduced in meaningful steps without closing it entirely.

[Rules handbook](https://getfundednow.com/rules) · [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.

- [Lot](https://getfundednow.com/glossary/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.
- [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.
- [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.
- [Pip](https://getfundednow.com/glossary/pip) - The standard unit of price movement in forex - 0.0001 for most pairs, 0.01 for yen pairs. A pipette is one tenth of a pip, which is why most quotes carry a fifth or third decimal place.

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