When trading in Currency and Cross-Currency derivatives on FYERS, quantities are entered in lots, not in actual currency units. Each lot corresponds to a fixed number of units of the underlying currency, depending on the contract type.
Understanding the correct lot size is crucial to avoid order rejections or incorrect exposure.
For instance, if you wish to buy 20,000 quantity in the EURINR contract, and each lot of EURINR consists of 1,000 Euros, you would enter 20 in the quantity field of the order window:
The FYERS platform automatically multiplies this by the lot size to calculate the final traded quantity.
Contract | Lot Size |
---|---|
USDINR | 1,000 USD |
GBPINR | 1,000 GBP |
EURINR | 1,000 EUR |
JPYINR | 100,000 JPY |
EURUSD | 1,000 EUR |
GBPUSD | 1,000 GBP |
USDJPY | 1,000 USD |
Scenario | Explanation |
---|---|
I enter quantity instead of lots | The order will be rejected. Quantity must be entered in lots, not actual currency units. |
I'm not sure of the lot size | Refer to this table or check the order window details in FYERS Web or Mobile. |
I want to know the margin before placing a trade | You can check updated margin requirements on the FYERS Margin Calculator. |
Last updated: 28 Jun 2025