All values are based on real-time currency rates. As we have mentioned,. Pip in, forex is the minimum incremental change in the price of a currency pair. But it is important to know that the monetary value of a pip is not the same for all currency pairs.
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No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. In all pairs involving the Japanese Yen (JPY a pip is the 1/100th place - 2 places to the right of the decimal. If my trading account is based in US Dollars, then I will see 1 of profit or loss on my account for every 1 pip move that the EUR/USD makes in the market. For those who wish to determine the calculation by hand, follow this method below (if you are not interested in the mathematics involved, then proceed to the next article). Before deciding to trade the products offered by fxcm you should carefully consider your objectives, financial situation, needs and level of experience. Additional transparency is provided through most electronic platforms as each currency pair is"d with precision to 1/10th of a pip. This website is neither a solicitation nor an offer to Buy or Sell currencies, futures, or options.