Do you impose a minimum volume per trade?
Trading is done by Board Lot or Round Lot system. The minimum number of shares you can buy or sell will depend on the previous trading day’s closing price of the stock at the time you place your order.
Board Lots and Price Fluctuation Table
PRICE | TICK SIZE | LOT SIZE |
0.0001 to 0.0099 | 0.0001 | 1,000,000 |
0.0100 to 0.0490 | 0.001 | 100,000 |
0.0500 to 0.2490 | 0.001 | 10,000 |
0.2500 to 0.4950 | 0.005 | 10,000 |
0.5000 to 4.9900 | 0.01 | 1,000 |
5.0000 to 9.9900 | 0.01 | 100 |
10.0000 to 19.9800 | 0.02 | 100 |
20.0000 to 49.9500 | 0.05 | 100 |
50.0000 to 99.9500 | 0.05 | 10 |
100.0000 to 199.9000 | 0.1 | 10 |
200.0000 to 499.8000 | 0.2 | 10 |
500.0000 to 999.5000 | 0.5 | 10 |
1000.0000 to 1999.0000 | 1 | 5 |
2000.0000 to 4998.0000 | 2 | 5 |
5000.0000 and UP | 5 | 5 |