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Forex question How do you work out a value of a pip?
avatar Phoebe
Question by: Phoebe - 09 Aug 2016, 00:15:56
How do you work out a value of a pip?
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Answers (1)
avatar user 10371
Answer by: JustinJones - 09 Aug 2016, 00:20:05

The value of a pip. Pip value can be either fixed or variable depending on the currency pair. e.g. The pip value for EUR/USD is always $10 for standard lots, $1 for mini-lots and $0.10 for micro lots.

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