At CoveFunded, the contract size for trading instruments is typically 100,000 units per standard lot. This is a common size in forex trading, meaning that one standard lot represents 100,000 units of the base currency in a currency pair.
Examples: EUR/USD (Euro/US Dollar):
- Contract Size: 100,000 EUR
- This means when you trade 1 standard lot of EUR/USD, you are trading 100,000 Euros.