What is the Value of 100 Pips for Micro Account? - What is a 100 Pip value for Micro Account?

How to Calculate 100 Pips Value Profit and Loss in a Micro Account

1 pip is the smallest currency pair movement used when trading currencies.

1 pip movement when trading Micro lots is equal to $0.1 dollars (1,000 units of currency * 0.0001 = $0.1)

For Example if EURUSD moves from 1.2000 to 1.2001 this is equivalent to 1 pip - 1 pip is the fourth decimal place in the fx quote.

Therefore, for 100 Pips Move in a Micro Account the profit or loss will be equal to:

100 pips* $0.1 per pip = $10

Therefore, 100 pips move for micro lot is equal to $10 dollars