Forums › ProRealTime English forum › ProOrder support › What is Pipsize? › Reply To: What is Pipsize?
06/14/2020 at 1:15 PM
#135893
Pipvalue/Pointvalue is something different, it’s not the size of the smallest price unit, but the VALUE of that price unit.
In FX, regular Eur/Usd, 1 pip is 0.0001 that is 1/10000th of price.
Each Pipsize has a Pipvalue of $ 10, that is 1/10000th of the full contract (100K=$10*10000 inits). For mini Eur/Usd Pipvalue is 1.