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Trading terms

How much of the currency is 1 lot?
The standard account is 1 lot = 100,000 of the currency, and the minimum number of transactions is 0.01 lot = 1,000 of the currency.
The micro account is 1 lot = 1,000 of the currency, and the minimum number of transactions is 0.05 lots = 50 of the currency.

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