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Trading glossary · markets

pip value

How much money one tiny step in a currency price is worth for your trade size.

The fuller meaning

The money value of a one-pip move for a given position size. On EUR/USD it is about 10 dollars per standard lot, 1 dollar per mini lot and 0.10 dollar per micro lot; money at risk divided by stop in pips times pip value gives the number of lots.

pip value.

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