// TRADING TERMINOLOGY
What is Pip Value?
The monetary value of a one-pip move in a currency pair, based on the position size.
In-Depth Explanation
Pip value changes depending on the pair you are trading and your account currency. For a standard lot (100k) of EUR/USD on a USD account, the pip value is exactly $10.
Practical Example
"To risk exactly £100 on a trade with a 20-pip stop, your pip value must be £5 per pip."
Related Terms
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