What's a 50 Pip value for Mini Account? - What is the Value of 50 Pips for Mini Account?
How to Calculate 50 Pips Value Profit and Loss in a Mini Account
One Pip Marks the Tiniest Move in Currency Pairs for Traders.
Mini Lot Pip Move Equals $1 (10,000 Units Times 0.0001)
For Example if the EUR/USD currency pair heads from 1.2000 to 1.2001 - this is equivalent to one pip - a pip is the fourth decimal place in the forex quote.
Hence, for 50 Pips Move in a Mini Account the profit or loss will be equal to:
50 pips* $1 per pip = $50
Therefore, 50 pips move for Mini lot is equal to $50 dollars
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