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Forex Glossary

What Is Pip?

The smallest standard price move in a currency pair; on most pairs the fourth decimal (0.0001).

For example, if EUR/USD moves from 1.1050 to 1.1051, that is a 1-pip move. On a standard lot, 1 pip is usually worth ~$10.

Risk warning. Leveraged forex trading carries high risk and, in Türkiye, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.

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