MT4 platform showing pips?

[Jobe2433]

Hello, I know on my old platform it would show the pips i have made or lost but I am not sure on my mt4. I see an option to switch it over to points. Is this the same thing? Do points equal pips?

 

[Pharaoh]

If the broker uses 4 decimal pricing, points = pips. For 5 digits, check carefully to see if they've set points = pips or points = 1/10 pips.