How Much is a PIP Worth in Forex Trading

Want to know how much is a pip worth in forex trading ? check it out guys! ;) well, it depend on many factors! from account type, mini or standard! and also which leverage you choose! 400:1 or 500:1!  for example if you have $1000 in forex account, and choose leverage 200:1, and you trade EUR/USD pair at 1.0985 you short that pair, and make profit at 1.0970! so you get 15 pip! 15 pip forex

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