CHFHKD Pip Value Calculator - How to Calculate CHFHKD Pip Value
What is CHF/HKD Pip Value? - CHFHKD Pip Calculation
The Value of 1 Pip for CHF HKD Currency Pair for 1 Lot is - $1.28
CHF HKD Pip Value - CHFHKD Pip Value Calculation and CHFHKD Lot Size
When calculating the pip value for CHFHKD a trader will need to know the position size of CHFHKD trade that they are opening. When opening a trade in CHFHKD there are three lot sizes that traders can use to open CHFHKD Trades.
The 3 lot sizes that traders will use when opening CHF HKD trades are:
- CHF/HKD Standard Lot - Which is Equal to 100, 000 Units of Currency
- CHF HKD Mini Lot - Equal to 10, 000 Units of Currency
- CHFHKD Micro Lot - Which is Equivalent to 1, 000 Units of Currency
In CHF/HKD currency pair the CHF HKD is traded in lots (batches). One standard lot of CHF/HKD is equal to 100,000 Units of Currency.
Why trade CHF/HKD Pair in Such big Lots?
CHF/HKD currency pairs is traded in such large lots so as to increase the value of 1 pip when trading the CHF HKD currency pair. When the pip value for CHF/HKD is increased the profit value per 1 pip will also be increased. Therefore CHF HKD is traded in such big lots so as to increase profit value of a pip.
CHFHKD Pip Count Using Position Size (Lot Size) - CHFHKD Pips Calculator
- When CHF HKD pair is traded using 1 standard lot the value of a pip will be equivalent to $1.28
- When CHFHKD is traded using 1 mini lot the value of a pip will be equivalent to $0.128
- When CHF HKD currency pair is traded using 1 micro lot the value of a pip will be equal to $0.0128
CHF HKD Pip Value Calculator - How To Calculate Pips CHFHKD: CHF/HKD Pip Calculator