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Forex Glossary Index: A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y Pips Calculator - Free Forex (FX) Trading Tool
Pip is the smallest price unit of a currency in forex (fx) trading, for example, 0.0001 US dollar or 0.01 Japanese Yen. Also called Points. The value of 1 pip is different for different currencies. Here this Free Forex (FX) Pips Calculator can help to compute the value of a tip for major currencies based on the most updated exchange rates:
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