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PIP Calculator

what is pip?

Forex traders measure their losses and gains in pips. pip calculator is short for “percentage in point.” It is the unit of measurement for expressing the rise or fall in the value of currency pairs. what is pip You can calculate your gain or loss in pips using a pip calculator, also known as Forex calculator.

For example, the USD/CAD currency price may move from 1.3453 to 1.3454. That would be equal to a gain of 1 pip. A pip is usually the number in the last decimal place of a currency price quote.

To calculate pip values using a pips calculator, all you need are the number of pips and position size. Also, you need the market price of the instrument you are trading.

For forex, the Pip Calculator works as follows:

Pip Value = (Pip in decimal places * Trade Size) / Market Price

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Europe OfficeFOREX BIRDS LTD
Suite B2, 207 Regent Street, London, England, W1B 4ND

Having trouble? Find the answer to your query here. Don’t hesitate to contact us!

+44 745 232 030
support@forexbirds.com
Where to find usOUR LOCATIONS
http://forexbirds.com/wp-content/uploads/2019/10/unnamed-2.jpg
Global OfficeHEADQUARTERS
Suite 305, Griffith Corporate Centre,
P.O. Box 1510, Beachmont
Kingstown
Saint Vincent and the Grenadines
Global: +1 786 787 2648
Forexbirds Social linksFOLLOW US ON SOCIAL MEDIA
Taking seamless key performance indicators offline to maximise the long tail.

Forex Birds LTD is a registered company from UK company house registration number 11811390, Having registered office at Suite B2, 207 Regent Street, London, England, W1B 4ND.

License : Forex Birds LTD is a fully licensed and Regulated broker governed and supervised by the Saint Vincent Finance Service Authority (FSA) License No 25106 IBC 2018.

Risk Warning : Before deciding to participate in the FOREX, OTC & MM market, you should carefully consider your investment objectives, level of experience and risk appetite.

Copyright by Forex Birds Ltd. All rights reserved.

Copyright by Forex Birds Ltd. All rights reserved.