What is the Value of 100 Pips for Nano account? - What is a 100 Pips value for Nano Account?

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

1 pip is the minimum forex pair movement that is used when trading fx currencies.

A one-pip movement when trading Nano lots is equivalent to $0.01 USD (Calculated as 100 currency Units * 0.0001 = $0.01).

For example, if the EUR USD pair moves from 1.2000 to 1.2001, that's like 1 pip: one pip is the 4th number after the decimal in the forex price.

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

100 pips* $0.01 per pip = $1

Hence, 100 pips move for Nano lot is equivalent to $1 dollars

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