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Yacob Hassan

How To Calculate Pip Value

By Yacob Hassan, in Forex

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apfx    10

apfx
Posted

current price means :

Bid price if you want to sell

Ask price if yo want to buy.

 

suppose your account is in USD and you want to buy 1 lot (100,000) GBPJPY

 

you've got

GBPJPY Ticksize = 0.01

pip value = 100,000* 0.01 = 1000 JPY

converted into your account base currency (USD)

1000 / USDJPY ask

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