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

What is PIP

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1What is PIP Empty 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.

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

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