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What is a Pip in Forex trading? Definition and examples This | LiteFinance

What is a Pip in Forex trading? Definition and examples

This article will focus on the minimum price change known as pip. You will find out how much it is, why we measure price movements in them and whether the pip is the same for all trading instruments. What can I say – there are pips and then there are pips. :)



Pips Definition & Meaning

I will not torment the reader with a long introduction. A pip is a general term for the minimum unit of price change. The term is mostly popular among Forex traders because it’s inconvenient to calculate miniscule fluctuations of currencies in dollars or euros.... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cBjk