What is Notional value?

1 min. readlast update: 06.07.2024

The notional value is always expressed in EUR and is the volume of the order. Usually a standard lot is 100'000 units. For instance 2 EUR/USD lots is equivalent to 200'000 EUR. 1 lot of USD/CHF is equivalent to 89'000 EUR (if EUR/USD rate is 1.1235). The Trade Copier always takes the current market rate to convert the volume in EUR.

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