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Topic-icon What is a Pip?

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2 weeks 18 hours ago #1 by Elnukeda
Elnukeda created the topic: What is a Pip?
When trading a mini lot (10k units of currency), each...

What is a Pip?

“PIP” stands for Point In Percentage. More simply though, a pip is what we in the FX would consider a “point” for calculating profits and losses.

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