Multivest team provide it’s users with a pip calculator. This trading tool is extremely important to determine if the trade is worth the risk. Moreover, it also helps to manage that risk properly.
PIP (Point in Percentage) is the minimum change in the price of the exchange rate. The value of a pip is calculated by multiplying the transaction amount in lots by one point in decimal form and dividing this amount by the current rate of the quoted currency in the selected pair.
In addition, for your convenience, Multivest has Currency Converter to make your conversion process easy, fast, reliable and accurate.
Both services support a multitude of currency pairs and base currencies. Use them, draw conclusions and trade!
