EURAUD Pip Value Forex Calculator - How to Calculate EURAUD Pips
What is EUR/AUD Pip Value? - EURAUD Pip Calculation
The Value of 1 Pip for EURAUD Currency Pair for 1 Forex Lot is - $6.82
EURAUD Pip Value Calculation - EURAUD Pip Value and EURAUD Lot Size
When calculating the pip value for EURAUD a trader will need to know the position size of EURAUD trade that they are opening. When opening a trade in EURAUD there are three lot sizes that traders can use to open EURAUD Trades.
The three lot sizes that traders will use when opening EURAUD trades are:
- EUR AUD Standard Lot - Equal to 100, 000 Units of Currency
- EURAUD Mini Lot - Which is Equal to 10, 000 Units of Currency
- EUR/AUD Micro Lot - Equivalent to 1, 000 Units of Currency
In EUR/AUD forex currency pair the EURAUD is traded in lots (batches). One standard lot of EUR AUD is equivalent to 100,000 Units of 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 pip.
EURAUD Pip Count Using Position Size (Lot Size) - EURAUD Pips Calculator
- When EURAUD is traded using 1 standard lot the value of 1 pip will be equivalent to $6.82
- When EUR AUD currency pair is traded using 1 mini lot the value of 1 pip will be equivalent to $0.682
- When EUR/AUD pair is traded using 1 micro lot the value of 1 pip will be equal to $0.0682
EUR AUD Pip Value Forex Calculator - How To Calculate Pips in EUR/AUD: EURAUD Pip Calculator
