Definition of Pipette
One-tenth of a pip, or the fifth decimal place in most currency pairs (0.00001). Many brokers now quote prices in pipettes for greater pricing precision.
At a glance
Term
Pipette
URL slug
pipette
Category
Size & pip math
Short answer
One-tenth of a pip, or the fifth decimal place in most currency pairs (0.
Deep dives
/guide/what-is-pip/, /tools/pip-value-calculator/, /tools/lot-calculator/
Example
Example: if EUR/USD moves 20 pips and each pip is worth $2 at your size, a 20-pip move is about $40. Always connect “Pipette” to a cash number before you click.
Common mistake
Common mistake: treating “Pipette” as theory without converting it into cash loss at the stop.
Professional tip
Tip: compute “Pipette” with ForexTradeLab’s lot or pip calculator before any live order, and screenshot the first ten calculations.
Related deep dives
Practice tools:
Related terms
FAQ
One-tenth of a pip, or the fifth decimal place in most currency pairs (0.
Position-size math tied to “Pipette” decides how much cash you gain or lose per move. Without it, risk management is guessing.
Common mistake: treating “Pipette” as theory without converting it into cash loss at the stop.