Cash in a pocketbook
The most heavily listed currency pairs within the world involve the U.S. greenback (USD). once the USD is listed second during a try the pip worth is fastened and does not modification, forward you have got a USD greenback account.
The fastened pip quantity is:
$10 for a customary ton that is one hundred,000 price of currency.
$1 for a mini ton that is ten,000 price of currency.
$0.10 for a small ton is one,000 price of currency.
These pip values apply to any try wherever the USD is listed second, like the EUR/USD, GBP/USD, AUD/USD, NZD/USD
If the USD is not listed second:
Divide the pip values on top of by the USD/XXX rate.
For example, to urge the pip worth of a customary ton for the USD/CAD, once mercantilism a USD account, divide $10 by the USD/CAD rate. If the USD/CAD rate is one.2500 the quality ton pip worth in USD is $8, or $10 divided by one.25.
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