In this Page, you can Calculate or check PIP values of any Currency Pairs.
PIP AMOUNT = LOT SIZE
INSTRUMENT = CURRENCY PAIR
POSITION SIZE = ACCOUNT TYPE
ACCOUNT CURRENCY = ACCOUNT BASE CURRENCY
Here you need to put your lot size amount. For Example, if you want to calculate the pip value of 1 lot, then you need to enter ‘1’ on PIP Amount field.
In instrument section, you need to write or select the pair from the drop-down menu, for which pair you want the details for.
It’s actually asking your Account Type. If you have Standard Account, you need to write 100,000 units there but if you have Micro Account then please enter 1,000 units there.
Here you need to select your Base-Currency. which you chose during your account registration time. If you followed our video method, then your account currency should be USD.