Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro Help Centre - Glossary
  1. Forex glossary terms and definitions
  2. Pip

Pip

A pip (or percentage in point) consists of a small unit of the value of a currency pair. This is usually the fourth decimal place or 1/10,000th of the quote currency in a pair. In the case of the Japanese yen, it is the second decimal place or 1/100th of the quote currency in a JPY pair. Most currency pairs are calculated to five decimal places with the fifth decimal place often referred to as the ‘pipette’ or 'point'.

Other terms in this category

Period
Petrodollar
Pip Calculator
Pip Value
We are here to help!
LiveChat
Instant help from qualified support
Request a call back
Request a call back
FxPro
Download the Guides
All PDF-instructions in one place
FxPro
Watch and Learn
Your questions answered in videos
?FAQs
Need Help?
Visit our Help Section.