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How Do I Calculate Pips Profit in Forex for 100 Pips for 1 Mini Lot

Examples for calculating pips with the 4 Decimal Points Currency Quote when trading with 1 Mini Lot.

The 4th decimal place in the EUR/USD forex pair is equivalent to 1 pip

Calculate 100 Pips Profit for a Mini Account

If EURUSD forex pair move 100 Pips the profit calculation for this one Mini lot trade position will be calculated as is shown below:

If the EUR/USD currency pair heads from 1.2000 to 1.2100 then this price movement is equal to:

The difference from 1.2100 to 1.2000 is 0.0100 or 100 pips.

Value of = 0.0001 USD (1 pip move for 1 Mini lot)

1 Mini lot = $10,000

Value of one pip for 1 Mini lot = 10,000* 0.0001= $1 dollars

Value of 100 Pips = 100*1= $100

Thus, for the EUR/USD currency pair, trading 100 pips using Mini lots results in a total profit of $100.

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