How Much is One Pip Worth in a Nano Account Nano Lots?

Nano Account Definition - the meaning of a Nano account is an account type where traders open trades using Nano lots.

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

Nano lot is equivalent to 1 tenth of Micro lot.

For Nano lot the pip size per trade is equal to $0.01

Calculating Pip Value for Nano Account trading Nano Lots

1 pip is the smallest forex pair movement that's used when trading the forex currencies.

1 pip move when trading Nano lots is equivalent to $0.01 dollars (100 Units of currency * 0.0001 = $0.01 )

For Example if EURUSD moves from 1.3000 to 1.3001 this is equal to 1 pip - one pip is the 4th decimal place in the forex quote.

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