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Pip Value

The monetary value of a single pip movement in a given forex trade.

What is Pip Value in forex trading?

The monetary value of a single pip movement in a given forex trade. Pip value depends on the currency pair being traded, the size of the trade (lot size), and the exchange rate.

What this looks like across the brokers we track

Across the 42 brokers BrokerAnalysis tracks, the median EUR/USD spread is 0.5 pips, ranging from 0.0 to 1.5 pips, with 36 figures taken from the broker's own published specification.

Measured across 42 entities in the BrokerAnalysis dataset. See the full broker comparison

Detailed Explanation

Pip value depends on the currency pair being traded, the size of the trade (lot size), and the exchange rate.

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