Tag: Forex for beginners

What is ‘Unit’ on Harborx?

If you’ve been trading with Harborx long enough, you may have noticed a recent change: the volume of your trade has changed from ‘Lots’ to ‘Units’. What used to be 0.01 Lots, the default trade volume for currency pairs, has become 1 Unit. And for Gold and Silver, the minimum trade volume of 0.1 Lots have turned into 10 Units. You may be wondering… what ARE these? A Bit of Theory Behind Trade Volume Let’s think beyond currencies and financial instruments. When something is bought or sold, the trade happens in a......

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