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How to calculate pip value for Forex AUDCAD - AUDCAD pip calculator

AUDCAD Contracts Specifications

AUDCAD Pips Calculator - AUDCAD Currency Pair Explained

When trading AUDCAD Pair what is the value of 1 pip?

The AUD/CAD currency pair is quoted to four decimal places, with the last decimal being referred to as the pip.

If your broker quotes AUDCAD with five decimals, the last digit is a fraction of a pip, called a pipette. The fourth decimal is the pip.

For AUDCAD, one pip on a standard lot is $7.53. Trades use lots of 100,000 base currency units.

AUDCAD is traded in amounts to make each pip worth more, which increases how much profit is made when trading AUD/CAD.

How Much is 1 Pip in AUDCAD? – Find out the AUDCAD pip value in USD.

The monetary value represented by one Pip (Point) for the AUDCAD currency pair, when trading one lot, is $7.53.

To calculate the value of 1 AUDCAD Pip Size You will also need to take into account the position size traded. Position size is determined by lots/contracts, the 3 types of contracts/lots when trading AUDCAD are:

  1. Standard Lot - 100,000 Units of the Currency
  2. Mini Lot - 10,000 Units of the Currency
  3. Micro Lot - 1,000 Units of the Currency


How To Calculate Pips For AUDCAD - How To Count Pips on AUDCAD

When trading 1 lot, 1 Pip AUDCAD is equivalent to $7.53

When trading 1 mini lot, 1 Pips AUDCAD is equal to $0.753

When trading 1 micro lot, 1 AUDCAD Pip Count is equivalent to $0.0753

Forex Pip Value Calculator for AUDCAD: Method for Determining AUDCAD Pips - Pip Calculator for AUDCAD Currency Pair

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