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If one micro lot of the is being traded, each would be worth $0.1, as opposed to $10 for a standard lot. The following are the quantities typically used in the : A standard lot = 100,000 units of base currency. A = 10,000 units of base currency. A micro lot.

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Part 4 Forex Demo Accounts. A demo account is essentially an online trading practice account. In the past this was done by keeping a paper trail of hypothetical A demo account is a trial version of a live trading account. By using a demo account, a beginner can practice trading risk-free and get to know of the Open.

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