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Pip Calculator

The Pip Calculator is a practical tool designed to illustrate the pip's value concerning a chosen currency pair. It takes into account the base currency of the account and the current price of the currency pair on the trading platform.

Instructions for utilizing the Pip Calculator:

1. Select the currency pair (e.g., EUR/USD) for which you wish to perform the calculation.

2. Input the ask price of the selected currency pair as provided by your trading platform.

3. Specify the position size in lots.

4. Choose the base currency of your trading account.

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