Broker Review

What Are Pips in Forex Trading, and What Is Their Value?

What Are Pips in Forex Trading, and What Is Their Value?

The price interest point is a standard measure in the foreign exchange market for defining the smallest possible change in exchange rates. “Pip” can also mean “percentage in point” on occasion. How are they presented? Typically, currency pairs are priced to the nearest four decimal places. The standard placement for a single Pip is the …

What Are Pips in Forex Trading, and What Is Their Value? Read More »