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On the Metatrader platform, one micro lot is equal to 100 pips, so one dollar is the minimum trade size. In this case, we would pay $1 or 100 pips for one micro lot between 1693.00 and 1694.00. We would pay $10 or 100 pips if we bought a mini lot from 1693.00 to 1694.00. The final price is $100 or 100 pips if we buy one lot from 1693.00 to 1694.00.
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