Mini Account Pip Value - Dollar Value of 100 Pips on Mini Account

How to Calculate 100 Pip Profit or Loss in a Mini Account

Traders utilize a pip, representing the minimal fluctuation in a currency pair, when engaging in foreign exchange trading.

A single pip movement while dealing in Mini lots equates to a value of $1 (calculated as 10,000 currency units multiplied by 0.0001 equals $1).

As an example, if the EUR USD changes from 1.2000 to 1.2001, that's like 1 pip. A pip is the number at the 4th place after the decimal in forex.

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

100 pips* $1 per pip = $100

Therefore, 100 pips move for Mini lot/contract is equivalent to $100 dollars

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