PIP Basics Revealed: FundedFirm Forex Prop Guide
Explore what is PIP in Forex Trading on FundedFirm. A PIP, acronym for "Percentage in Point," marks the smallest currency shift—0.0001 for EUR/AUD or 0.01 for GBP/JPY pairs. Vital for funded traders, it informs trade math, equity protection, and payout scaling in our challenges. A 40-PIP rally in USD/CHF on a 0.1 lot? That's $40 gained. Command PIPs to counter slippage, build robust systems, and ace verifications. With FundedFirm's pro tools, monitor PIP flows seamlessly—transform insights into funded success and trade without limits.