Risk Warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage.
Approximately 80% of retail client accounts lose money when trading in CFDs and spread bets.
You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

What are pips and lots in forex trading?

Lunaro Trading Team
16/02/2026
Category: General Common Questions

A pip is the standard unit of measurement for price movements in trading. The value of a pip depends on your position size. For example, one standard lot of GBP/USD has a pip value of $10. If the market moves 5 pips, this results in a profit or loss of $50.