Trade Forex Trading

What is the Value of 50 Pips for Cent account? - What is a 50 Pip value for Cent Account?

How to Calculate 50 Pips Value Forex Profit & Loss in a Cent Trading Account

1 pip is the smallest/minimum forex pair movement used when trading forex currencies.

A single pip movement when trading Cent lots/contracts equates to $0.01 or one Cent (Calculation: 100 Units of a currency multiplied by 0.0001 equals $0.01 or 1 Cent).

For Example if EUR USD currency pair heads from 1.2000 to 1.2001 - this is equivalent to 1 pip - 1 pip is the 4th decimal point in the forex quote.

Therefore, for 50 Pips Move in a Cent Account the profit or loss will be equal to:

50 pips* $0.01 or 1 Cent per pip = $0.5

Hence, 50 pips move for Cent contract/lot is equivalent to $0.5 dollars

Get More Lessons and Tutorials and Courses:

Forex Broker