Margin Calculator

In Forex trading, pip value is a key concept to grasp. A pip is the smallest price change in a currency pair, usually shown at the fourth decimal place. For example, if EUR/USD changes from 1.1001 to 1.1002, that's a one-pip move.
The value of a pip depends on the specific currency pair and the currency in which your trading account is held. For example, when trading EUR/USD with a USD-funded account, one pip typically equals $0.01 per unit traded.
Margin is the initial amount required to open a position. It's not a cost or fee but rather a form of security to ensure your account can handle potential losses.
Leverage allows traders to control larger positions with less capital. For example, with 1:100 leverage, a $100 deposit can control a $10,000 trade. In this case, a one-pip movement in EUR/USD could mean a $100 gain or loss for every 100,000 units traded.
To make accurate pip value calculations, many traders rely on online tools like leverage or pip value calculators.