How many pips are there? For standard lots this entails 100,000 units of the base currency and for mini lots, this is 10,000 units. For example, looking at EUR/USD, a one pip movement in a standard contract is equal to $10 (0.0001 x 100 000). How much is 100 pips worth? Therefore, for a position … Continue reading How many pips are there?
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