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Forex Pip value

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    Forex Pip value

    Hi

    I've got a Forex account through Gain: can you tell me how I find the value of a pip for a currency pair? I can see it in the log after a trade, but I want to find before opening a trade.

    Cheers

    #2
    This is $10 per pip for the EURUSD. I suggest to contact your broker for other values.

    Comment


      #3
      Thanks Jason.

      I've contacted them and they said to check "in the trading platform". The value varies quite considerably over time, while EUR/USD might be approx 10.00 it will be worth different amounts during the trading day.

      Thanks

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