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Pip cost calculation

Discussion in 'Beginners Bootcamp' started by Alan Kerr, Nov 19, 2008.

  1. Alan Kerr

    Alan Kerr Private

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    Hi I'm Al from downunder and been trading only a short time. Could someone tell me when you open a position is the quoted PIP cost fixed at the amount quoted when the position is opened or does it change as the quoted amount changes? Also same with Rollover, is it fixed at the price when the position is opened or is it adjusted as Rollover price changes while the position is still open:confused:?
     
  2. fxfrench

    fxfrench FXOpen AU Representative

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    I don't trade a swap enabled account so I can't answer that one, but as for pip value, yes it may change depending on the market price as this kinda makes sense right?. However on pairs like eur/usd and gbp/usd for example, the pip value is usually fixed.
     
  3. Cyclon

    Cyclon Company Representative

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    Rollover will fluctuate over time.

    Cheers,
    Cyclon
     

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