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CLUSD Pip Value Forex Calculator - How to Count CLUSD Pip Value

CLUSD Pips Calculator - How to calculate CLUSD Pip Explained

What's the Pip Value for CLUSD Currency Pair?

The CL/USD currency pairing is quoted with four decimal places, and the value of the final decimal place is termed a pip.

If your broker quotes CL/USD in a five-decimal format, the last decimal represents a fraction of a pip, also called a pipette, while the fourth decimal is the actual pip.

For CL/USD, one pip is worth $10 when you're trading one standard lot. CL/USD trades in lots, and one lot equals 100,000 units of the currency.

CLUSD is transacted in lots so as to increase the value of 1 pip, henceforth increasing the profit value when trading CL/USD.

What is CLUSD Pip Value in U-SD? - How Much is 1 Pip in CLUSD?

The monetary worth assigned to a single Pip (Point) for the CLUSD Currency Pair, based on a 1 Forex Lot, is -$10.

To find the value of one CL USD pip, base it on your trade size. Trade size comes from lot size. For CL/USD trades, three main lot types exist:

  • Standard Lot - Equivalent to 100,000 Units of the Currency
  • Mini Lot - Equivalent to 10,000 Units of the Currency
  • Micro Lot - Which is Equivalent to 1,000 Units of the Currency

  • How To Count Pips on CLUSD - How To Calculate Pips For CLUSD

    When executing trades with 1 standard lot, a Pip movement in CL/USD carries a value equivalent to $10.

    When trading 1 mini lot, 1 Pips CL USD is equal to $1 dollars

    A movement of 1 pip when trading 1 micro lot for CLUSD is equivalent to $0.1.

    CL/USD Pip Value Calculator: Guide to Calculating CL USD Pip Value - Forex Pips Calculator for the CL USD Currency Pair

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