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 Account

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

1 pip move when trading Cent lots is equal to $0.01 or 1 Cent dollars (100 Units of currency * 0.0001 = $0.01 or 1 Cent )

For Example if EURUSD moves from 1.2000 to 1.2001 this is equivalent to 1 pip - 1 pip is the fourth 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

Therefore, 50 pips move for Cent lot is equivalent to $0.5 dollars