Cryptocurrency Q&A
How much profit is 1 pip on 1 lot?
How much profit is 1 pip on 1 lot?
Martino
Tue Dec 17 2024
|
6 answers
1338
I'm trying to figure out the profit I would make on a single pip movement when trading 1 lot. I want to understand how much money I can potentially gain or lose with such a trade.
6 answers
JejuSunshineSoulMateWarmth
Thu Dec 19 2024
A standard lot in the financial markets represents a significant trading size.
Was this helpful?
253
80
Caterina
Thu Dec 19 2024
Specifically, it is equivalent to 100,000 units of the base currency being traded.
Was this helpful?
138
88
DiamondStorm
Thu Dec 19 2024
This substantial size allows for potentially large profits but also carries significant risks.
Was this helpful?
96
60
SakuraTide
Thu Dec 19 2024
In terms of pip movement, a standard lot equates to $10 per pip.
Was this helpful?
305
91
ShintoSanctuary
Wed Dec 18 2024
For traders looking for a smaller commitment, a mini lot is an alternative option.
Was this helpful?
217
42
Load 5 more related questions
