What is a pip? Alpesh Patel Follow https://www.fxcm.com/uk/education/video-library/new-to-forex/what-is-a-pip/ Related articles Can I have some basics on Forex including placing trades Lot Sizes, Margin etc How do I access the Saturday webinars Should I use "Leverage" or not, when opening a live InterTrader, ETX or FXCM account? And if so, how much? I saw you use the indicator on FTSE 100. Does it only work on currencies, or oil, gold, indices, stocks too? Comments 1 comment Sort by Date Votes Andreas Johansson September 25, 2017 18:13 Hi, My brokers MT4 tells me to put in the Trailing SL in the MT4 and in points, I guess that is the same as fractional pips, 100 points = 10 pips? Am I right? Thanks 0 Comment actions Permalink Please sign in to leave a comment.