Woodside Capital, Inc.
Project Finance, Stocks & Options, Commodity, Forex, Futures, Binary Options

Contract Sizes

Each standard lot traded in the Forex market is a 100,000 (of the base currency) contract. In other words, when trading one lot in a standard account, a trader is essentially placing a $100,000 trade in the market. Without leverage, many investors would not be able to afford such a transaction. Leverage of 1:100 would allow a trader to place the same one lot ($100,000) trade by posting $1,000 in margin.  Many retail Forex brokers also offer the ability to trade mini lots. Mini lots essentially allow the trader to trade one tenth of a standard lot. Trading in this size is often referred to as trading a mini lot. Mini lot contracts are $10,000 (of the base currency). A trade of one mini lot would be a $10,000 trade. Trading with 1:100 leverage would mean that $100 of margin would control a $10,000 contract.  

In an effort to provide the best pricing and liquidity to our customers, the following table will apply for order size on Standard accounts. We subscribe to a certain Band of Liquidity from our seven counter party Banks. If customers desire to trade larger than 50 lots per click, they can simply click again for a second 50 lots.

Ticker

Spread*

Automatic Execution

Size of 1.0 Lot

Size of 1.0 Mini Lot

EURUSD

2 pips

50 lots

EUR 100,000

EUR 10,000

USDCHF

4 pips

50 lots

USD 100,000

USD 10,000

GBPUSD

4 pips

50 lots

GBP 100,000

GBP 10,000

USDJPY

3 pips

50 lots

USD 100,000

USD 10,000

AUDUSD

5 pips

50 lots

AUD 100,000

AUD 10,000

USDCAD

5 pips

50 lots

USD 100,000

USD 10,000

EURCHF

4 pips

50 lots

EUR 100,000

EUR 10,000

EURJPY

4 pips

50 lots

EUR 100,000

EUR 10,000

EURGBP

3 pips

50 lots

EUR 100,000

EUR 10,000

GBPJPY

7 pips

50 lots

GBP 100,000

GBP 10,000

GBPCHF

8 pips

50 lots

GBP 100,000

GBP 10,000

EURCAD

8 pips

50 lots

EUR 100,000

EUR 10,000

EURAUD

8 pips

50 lots

EUR 100,000

EUR 10,000

NZDUSD

5 pips

50 lots

NZD 100,000

NZD 10,000

CHFJPY

5 pips

50 lots

CHF 100,000

CHF 10,000

AUDJPY

6 pips

50 lots

AUD 100,000

AUD 10,000

AUDNZD

14 pips

50 lots

AUD 100,000

AUD 10,000

AUDCAD

7 pips

50 lots

AUD 100,000

AUD 10,000

NZDJPY

8 pips

50 lots

NZD 100,000

NZD 10,000

 

*The spread shown is under normal market conditions. Our spreads are not fixed and will fluctuate with news or other high / low volume conditions.

 

RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose more than the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.