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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/contract 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

The minimum movement observable in a forex currency pair, which is the basis for pip measurement in currency trading, is defined as 1 pip.

For trades executed in Nano lots, a single pip movement equates in value to one US cent ($0.01), calculated as (100 Currency Units multiplied by 0.0001 results in $0.01).

For Example, if the EUR/USD currency pair goes from 1.3000 to 1.3001, that's the same as 1 pip. One pip is the 4th number after the decimal in the forex price.

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