{"id":10771,"date":"2025-01-29T11:58:27","date_gmt":"2025-01-29T11:58:27","guid":{"rendered":"https:\/\/unitedpips.com\/knowledgebase\/resources\/topic-index\/learn-forex\/what-is-a-fractional-pip\/"},"modified":"2025-01-29T11:59:13","modified_gmt":"2025-01-29T11:59:13","slug":"what-is-a-fractional-pip","status":"publish","type":"docs","link":"https:\/\/unitedpips.com\/knowledgebase\/docs\/topic-index\/learn-forex\/what-is-a-fractional-pip\/","title":{"rendered":"What Is a Fractional Pip?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"10771\" class=\"elementor elementor-10771\" data-elementor-post-type=\"docs\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67c7990 e-flex e-con-boxed e-con e-parent\" data-id=\"67c7990\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5aeee5d elementor-widget elementor-widget-text-editor\" data-id=\"5aeee5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A <strong>fractional pip<\/strong> (also called a <strong>pipette<\/strong>) is <strong>one-tenth of a pip<\/strong>, providing more precise pricing in forex trading. It allows traders to see <strong>smaller price movements<\/strong> and make more accurate trading decisions.<\/p><p>For example, instead of quoting <strong>GBP\/USD<\/strong> as <strong>1.3184 \/ 1.3186<\/strong>, a fractional pip quote would be <strong>1.31842 \/ 1.31862<\/strong>, where the last digit represents the fractional pip.<\/p><ul><li><strong>1 pip = 0.0001<\/strong> (for most pairs)<\/li><li><strong>1 fractional pip (pipette) = 0.00001<\/strong><\/li><\/ul><p>For a <strong>100,000-unit GBP\/USD trade<\/strong>, a <strong>pip<\/strong> is worth <strong>$10<\/strong>, and a <strong>fractional pip<\/strong> is worth <strong>$1<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A fractional pip (also called a pipette) is one-tenth of a pip, providing more precise pricing in forex trading. It allows traders to see smaller price movements and make more accurate trading decisions. For example, instead of quoting GBP\/USD as 1.3184 \/ 1.3186, a fractional pip quote would be 1.31842 \/ 1.31862, where the last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":9546,"menu_order":23,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-10771","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/docs\/10771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/comments?post=10771"}],"version-history":[{"count":4,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/docs\/10771\/revisions"}],"predecessor-version":[{"id":10775,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/docs\/10771\/revisions\/10775"}],"up":[{"embeddable":true,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/docs\/9546"}],"wp:attachment":[{"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/media?parent=10771"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/unitedpips.com\/knowledgebase\/wp-json\/wp\/v2\/doc_tag?post=10771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}