Pip value affects profit/ loss when forex trading. Pips represent the smallest movement that a currency pair can make, which may be equal to one basis point, and their significance and add up fast.
Learn how to calculate pip value. Pips relate to the smallest price moves of foreign exchange rates.
Pip value depends on the pair you' re trading and account. I pips esikoleni sangaphambili.
In forex trading, the unit of measurement to express the change in value between two currencies is called a " pip. Learn how to measure the trade value change to calculate profit or loss.