See how much each pip is worth in dollars for your pair and lot size, and what a move of any size means for your account.
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Pip = 0.0001 on most pairs, 0.01 on JPY pairs and 0.10 on gold. Pip value per lot = pip size × contract size, converted into USD using the current price of the pair or a helper pair.
Educational tool only. Trading forex involves substantial risk and no outcome is guaranteed. This is not financial advice.