What is Pip Value?

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Jul 14, 2020 10:21 am

Asher User

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Member since: 31/03/2020

Pips are tiny in value, forex is traded in micro lots mini lots and lots: 1000, 10,000 or 100,000 units of currency. Although the value of a pip isn’t that much, through leverage it can represent a significant exposure and can influence your open position considerably.

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