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Forex

Pip

The standard minimum price step in forex. For most pairs it is the fourth decimal place (0.0001); for yen pairs it is the second (0.01).

Example

EUR/USD rising from 1.0850 to 1.0900 is 50 pips.

Related terms

LotCurrency pairSwap (rollover)

Where to trade

FxProFxPro

Broker: forex and CFDs.

Sign up with FxPro ↗
VantageVantage

Broker: forex and CFDs.

Sign up with Vantage ↗

Referral link: ARUT may receive a reward. Trading with leverage carries a high risk of losing funds; this is not investment advice. CFDs are complex instruments: because of leverage there is a high risk of losing money quickly.