FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Find out more
in the Regulations section of their FAQs.
Value of pip can be calculated with the following formula.
0.0001 or 0.01 x notional value*
Example: 1 lot of EUR/USD
0.0001 x 100,000 (1 lot= 100,000) = 10 USD.
Alternatively, you can find the value of a pip using our Pip Calculator.
Please note that pip value is always denominated in the quote currency. You can find all information on the Contract Specifications page.