Pip

[Jonathan Grant]

The full type of Pip is ''Percentage in Point'. A pip is the last digit in the estimation of a currency pair (in the event that you are trading from a 4 digit price support); 1.3294, 115.13 et cetera. All Forex currency pairs, except for the Japanese Yen, measure the pip from the fourth decimal place. The pip gap between purchase and offer price is called spreads. We traders cherish low spreads. I am trading with AAFX where I get low spreads as low as 0 pip.

[Andy Jones]

PIP is basically the measure of spread and a broker can charge his commission as spread. However from a trader’s stand, every trader should work with a broker that can provide better trading services but in exchange of lower transaction costs and spread. I am enjoying complete customer care support, moderate leverage of 1:400, narrowest spread, technically modern MT4 platform, full capital protection and access to all major pairs available in the platform.

[Richard denim]

By doing Forex trading yes, I am fully satisfied with my broker ForexOne and with their allover facilities that I got. They have all the support to make their successful as I have become one of the best traders in Forex market. From their free educational platform, I acquired good knowledge of trading, by using their high leverage, low spreads, easy withdraw, fast money transferring system, low margin level, low transaction cost and many others they give.

[Albert A]

In Forex, a pip is the smallest whole unit price move that an exchange rate can make, based on forex market convention. Eurotrader offers narrow trading spread and allows tarding all currencies including cryptocurrencies.