A mini lot forex is equivalent to 10 000 units or a currency or a CFD. And it represents 10% of the 1 standard lot. or it can be said that it represents 0.10 of the size of the lot.
The mini lot forex can be used in trades that aren’t needed to be as big as the standard lots, yet the risk taken while trading is still significant. It’s used mostly by professional trades and forex professionals.