Question: What is a mini lot?
Answer:
A mini lot is a lot of 10,000 units of the base currency. It is called a mini lot because it is only 1/10th of the size of a 100,000 unit standard lot.
If you are trading on an account based in US Dollars, a mini lot would be a trade worth $10,000 of USD.
A mini-lot is a common trade size used a forex mini account.