Pip Value
$1.00
Pip Size
0.0001
Contract Size
100,000
Units
10,000
How it works
Pip value is the monetary worth of a one-pip move for your position size. It's calculated as: pip value per lot × volume (lots). For EURUSD at 0.10 lots, one pip = $1.00.
Margin is the collateral required to open a position. With 1:100 leverage, one standard lot (100,000 units) of EURUSD requires roughly $1,000 in margin.
Profit / Loss is the difference between your entry and exit, expressed in pips, then converted to account currency using the pip value.