How Much is 1 Pip Worth in a Cent Account Trading Forex Cent Lots?

Cent Account Definition - the definition of a forex Cent account is an account type where forex traders open trades using Cent lots.

1 Cent lot is the equivalent of 100 Units of the base currency.

The Cent lot is equal to one tenth of Micro forex lot.

For Cent lot the pip value per trade is equal to $0.01 or 1 Cent

Calculating Pip Value for Cent Forex Account trading Cent Lots

1 pip is the smallest currency pair movement used when trading forex currencies.

1 pip movement when trading Cent lots is equal to $0.01 or 1 Cent dollars (100 Units of currency * 0.0001 = $0.01 or 1 Cent )

For Example if EURUSD moves from 1.3000 to 1.3001 this is equal to 1 pip - 1 pip is the fourth decimal place in the currency quote.