XAUUSD Pip Value Calculator - How to Calculate XAUUSD Pip Value
What is XAU/USD Pip Value? - XAUUSD Pip Calculation
The Value of 1 Pip for XAU USD Currency Pair for 1 Lot is - $1
XAU USD Pip Value - XAUUSD Pip Value Calculation and XAUUSD Lot Size
When calculating the pip value for XAUUSD a trader will need to know the position size of XAUUSD trade that they are opening. When opening a trade in XAUUSD there are three lot sizes that traders can use to open XAUUSD Trades.
The 3 lot sizes that traders will use when opening XAU USD trades are:
- XAU/USD Standard Lot - Which is Equal to 100, 000 Units of Currency
- XAU USD Mini Lot - Equal to 10, 000 Units of Currency
- XAUUSD Micro Lot - Which is Equivalent to 1, 000 Units of Currency
In XAU/USD trading currency pair the XAU USD is traded in lots (batches). One standard lot of XAU/USD is equal to 100,000 Units of Currency.
Why trade XAU/USD Pair in Such big Lots?
XAU/USD currency pairs is traded in such large lots so as to increase the value of 1 pip when trading the XAU USD currency pair. When the pip value for XAU/USD is increased the profit value per 1 pip will also be increased. Therefore XAU USD is traded in such big lots so as to increase profit value of a pip.
XAUUSD Pip Count Using Position Size (Lot Size) - XAUUSD Pips Calculator
- When XAU USD pair is traded using 1 standard lot the value of a pip will be equivalent to $1
- When XAUUSD is traded using 1 mini lot the value of a pip will be equivalent to $0.01
- When XAU USD currency pair is traded using 1 micro lot the value of a pip will be equal to $0.001
XAU USD Pip Value Calculator - How To Calculate Pips XAUUSD: XAU/USD Pip Calculator
