Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, CryptoCurrency and NFTs

Cyborg Pro

Hulk trading robot

Predator trading robot

You are not connected. Please login or register

Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » General Trading Discussions » What is PIP

What is PIP

Go down  Message [Page 1 of 1]

1attention What is PIP Sun Apr 26, 2020 9:12 am

J Martin

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  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum