Cost of one pips in US Dollars?
- Thread starter sdp2000
- Start date
This will get the job done easily:
http://www.oanda.com/products/fxmath/profit.shtml
Enter 100,000 under "Units" for 1 lot or 10,000 for 1 mini-lot.
http://www.oanda.com/products/fxmath/profit.shtml
Enter 100,000 under "Units" for 1 lot or 10,000 for 1 mini-lot.
Based on 100,000 units (10,000 units is 10%, and so on) -
EUR/JPY = $8.9182 per pip (value).
GBP/CHF = $7.7797 per pip (value).
On the OANDA trading platform (demo) under Tools > PIP / Profit Calculator. Makes it easy.
be aware that, with that broker, you can calc out pip value (and trade) based on any size unit amount, even down to 1 unit. :eek:
best,
s