What are transaction currency units?

In FX trading, the transaction currency unit is the trading unit of inter-currency transactions. The smaller this transaction currency unit is, the smaller the amount you can trade, and the finer you can buy and sell. For example, in a dollar-yen transaction of $ 100 / dollar, if the unit of transaction currency is 1,000, you can trade from a minimum of $ 1,000 = 100,000 yen, such as $ 2,000 and $ 3,000. When the transaction currency unit is 10,000 currencies, you can trade from 10,000 dollars = 1,000,000 yen, and you can trade like 20,000 dollars and 30,000 dollars. 

At first glance, it seems to be advantageous that the smaller transaction currency unit can be specified at the time of buying and selling order, but in FX trading, the amount required for margin is not necessarily larger due to the currency value and the leverage that is set Not much is needed. The transaction currency unit set for each currency may be different, so when actually starting a transaction, make sure to check the transaction currency unit well, and an unexpectedly high margin is required Let’s be careful not to have it.