What is a PIP in Forex?
A PIP is the smallest price movement in most currency pairs.
Example
If EUR/USD moves from 1.1000 to 1.1001, that is 1 pip.
Why PIPs Matter
- Measure profit and loss
- Used in spread calculations
- Essential for risk management
Related Terms
FAQ
How much is 1 pip worth?
The value depends on lot size and currency pair.
