Trading volume and lot size with a micro account

Beginner Questions
1

Can I trade a micro account of $1000 with 0.50 volume?

2

Did you mean 0.50 lot size …?

Minimum is 100 units on micro and minimum on standard is 1000 units. So minimum lot size on a standard account is 0.01 lots and on micro is 0.001 lots…

https://www.hercules.finance/faq/what-is-the-minimummaximum-trading-volume-in-xm-accounts/

So 1 lot on a micro is different to 1 lot on a standard…

3

Here’s a good thread on calculating pip value, lot sizes, risk.