Pip and Its Value

Pip and Its Value

For a trader, it is very important to understand what PIP is and how its value is calculated. PIP is an acronym for Point in Percentage. So, in the forex industry, it is the point where calculations are made for profits and losses. For small trading amounts, each PIP is more or less equal to one currency unit of your account.

At XPOFX, we ensure that transparency is provided through our online accounts and software to calculate PIPs. We calculate each currency pair with precision to 1/10th of a PIP. This fraction of the PIP lets us to abate and bring the spreads down. And this is how it is most beneficial to our customers since spread is a part of their transaction.

To calculate the PIP value, we start off with the size of the trade. For smaller amounts, we start with 10,000 of your currency, for which the PIP is one unit. Then we multiply your trade size with each PIP. With our online calculators, you can easily calculate the PIP for each of your account. This makes it easier for our customers to calculate PIPs and analyze them.

Sizes: S, M, L, XL


Colors: Red, Black, Beige, White


SKU: 1410SL

Categories: Jacket, Winter

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July 4, 2015

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July 4, 2015

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July 4, 2015

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