
Determine the exact monetary value per pip movement across major, minor, and exotic currency pairs in your base account currency.
A “Pip” (Percentage in Point) represents the standard unit change in a currency pair rate — typically the 4th decimal place (0.0001) for USD pairings or the 2nd decimal place (0.01) for JPY pairings.
1 Standard Lot (100,000 units) on EUR/USD yields exactly $10.00 USD per 1 pip movement in market price.
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