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, and CryptoCurrency


What is PIP

Forex Stock Exchange Forum :: Forex and Stock Trading English Forum :: General Trading Discussions
Go down
avatar
J Martin
Number of messages : 69
Points : 614
Date of Entry : 2020-03-13
Residence Country : Bangladesh

attention What is PIP

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