Value of 100 Pips on a Micro Account

Computing the Profit and Loss Value for 100 Pips in a Micro Account Forex Trade

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

A one-pip change when dealing in Micro lots equates to $0.10 (Calculated as 1,000 currency units * 0.0001 = $0.10).

If, for example, the EUR USD currency pair goes from 1.2000 to 1.2001, this is like 1 pip: one pip is the fourth number after the decimal in the fx price.

Hence, 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

More Topics & Guides:

• How Can I Formulate Method?
• Adding the Alligator indicator on charts within the MetaTrader 4 platform.
• How do you add the Keltner Bands indicator to a chart?
• Strategy Instruction for Trading Using the Stochastic Oscillator to Initiate Trade Positions?
• Setting Up EA for FX Kurtosis Indicator