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 is a pip in spread betting trading?

Lunaro Trading Team
16/02/2026
Category: Spread Betting

A pip is the tradable point in a spread bet. For example, one standard lot of FTSE equals £10 per point movement. If the market moves 5 pips, this equals £50 profit or loss.