Go down
avatar
J Martin
Number of messages : 60
Points : 265
Date of Entry : 2020-03-13
Residence Country : Bangladesh

ma1 What is PIP

on Sun Apr 26, 2020 9:12 am
The full type of Pip is ''Percentage in Point'. A pip is the last digit in the estimation of a currency pair (in the event that you are trading from a 4 digit price support); 1.3294, 115.13 et cetera. All Forex currency pairs, except for the Japanese Yen, measure the pip from the fourth decimal place. The pip gap between purchase and offer price is called spreads.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum