EURAUD Pip Value Forex Calculator - How to Calculate EURAUD Pips
What is EUR/AUD Pip Value? - EURAUD Pip Calculation
The Monetary Value Represented by a Single Pip for the EURAUD Currency Pair when Trading 1 Standard Forex Lot is $6.82.
EURAUD Pip Value Calculation - EURAUD Pip Value and EURAUD Lot Size
To calculate the pip value for EURAUD, a trader needs to know the position size of the trade they are initiating. There are three lot sizes available for opening trades in EURAUD.
The three lot sizes that traders will use when opening EURAUD trades are:
- EUR AUD Standard Lot - Equivalent to 100, 000 Units of the Currency
- EURAUD Mini Lot - Which is Equivalent to 10, 000 Units of the Currency
- EUR/AUD Micro Lot - Equal to 1, 000 Units of the Currency
In the EUR/AUD forex pair, EURAUD is traded in lots. One standard lot of EUR AUD equals 100,000 units of the currency.
Why trade EURAUD Pair in Such big Lots?
EURAUD currency pairs is traded in such large lots so as to increase the value of 1 pip when trading the EUR/AUD currency pair. When the pip value for EUR AUD is increased the profit value per pip will also be increased. Therefore EURAUD is traded in such big lots so as to increase profit value per 1 pip.
EURAUD Pip Total with Position Size (Lot Size) - EURAUD Pips Tool
- When EURAUD is traded using 1 standard lot the value of a pip will be equivalent to $6.82
- When EUR AUD currency pair is traded using 1 mini lot the value of a pip will be equivalent to $0.682
- When EUR/AUD pair is traded using 1 micro lot the value of a pip will be equivalent to $0.0682
EUR AUD Pip Value Forex Calculator - How To Calculate Pips in EUR/AUD: EURAUD Pip Calculator
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