I am confused in the following, I need help on thia

[tradeforex077]

Hi mate, try this thread.

Price per pip calculation

Hi all, newbie with a probably dumb question here. I’m struggling to work out how much the position I’m taking is costing in my account base currency. So for example I want to work out how much a particular amount of units translates to in Euros per pip. I know Oanda kinda does this for you but I’m using xm. What calculation do I need to get to the magic number? Thanks

Hope it helps.