How much is 0.10 worth?

[Bradleyule]

If I enter a trade (CFD) with a 0.10 lot which I believe is called a micro lot? How much is this worth in USD and how much P/L am I looking at per pip? I am trading Gold if that makes any difference.

Thanks

 

[robertkelly83]

0.1 lot is 10,000 units of the base currency, so it also depends on the currency pair you are trading
you can use a "pip calculator" to work out the price per pip, easily found after a google search

 

[mike.]

If I enter a trade (CFD) with a 0.10 lot which I believe is called a micro lot? How much is this worth in USD and how much P/L am I looking at per pip? I am trading Gold if that makes any difference.

Thanks

By the way, 0.01 is a micro lot.
0.1 that you mentioned is a mini lot.

micro lot is $1/ point

mini lot is $10/ point

standard lot is $100/ point