Pip ValueBack to Glossary
Pip value is a way for forex traders to calculate the value of each pip to their account, depending on the size of the position they have taken. This is extremely important as it helps them to manage their positions as well as to strategize at which levels they are prepared to close their positions or add to them.
Find our Glossary interesting?
If you feel we’ve missed a term; let the Traders Expert team know and we’ll include it in our Glossary.