Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Best Forex Brokers
  • Learn trading
  • Affiliate
  • Contact
  • About us
Home » Commodities » Silver » How to Calculate Pips on Silver?

How to Calculate Pips on Silver?

by Fxigor

Silver is one of the most trading metals after gold. Silver or XAGUSD can be easily calculated on the trading platform based on volume size.

There are two kinds of brokers and two ways to calculate the silver pip value.

In one version, silver pips can be calculated as gold pips (most brokers), and in another silver, pips value is worth 5 times more (other brokers).

If we trade Silver on the Metatrader platform, then 1 micro lot trading size for 100 pips is $1. If we buy 1 micro lot from 24.51 to 25.51, it is $1 or 100 pips. If we buy 1 mini lot from 24.51 to 25.51, it is $10 or 100 pips. If we buy 1 lot from 24.51 to 25.51, it is $100 or 100 pips. Usually, XAGUSD pip is equal to $1 for 1 mini lot trade size.

free course banner

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

Let we see an example, how to calculate pips on silver when we trade on Metatrader:

Trading silver in Metatrader - XAGUSD pips

In the image above,  we have 34.7 pips gain represented.

free course banner
fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

The entry price for silver (XAGUSD) was 24.269, and the closed price was 24.616. It was 34.7 pips gain.

As we can see, 1 mini lot and 34.7 pips gain were $34.7, and 1 lot trade gain was 347 dollars.

 

However, there another way of calculation silver pips. Some trading brokers have different silver pip calculation such as:

For Silver (XAG/USD):
1 lot  – 5000 oz. of silver = pip value of $5.00
1 mini lot = 500 oz. of silver = pip value of $0.50
1 micro lot = 50 oz. of silver = pip value of $0.05

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

 

We suggest that every trader test on the demo account his positions, create demo trades, easily see several pips, position size, and a final number of dollars gain or loss.

 

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
Latest posts by Fxigor (see all)
  • How to Fix Invalid Account MT4 problem?
  • How to Fix MT4 Common Error in 2022? – Screenshots and Video Instruction
  • Is ICP Worth Investing In? – ICP Price Today

Related posts:

  1. How to Count Pips?
  2. How to Calculate Gold Pips? – XAUUSD in Lots and Ounces
  3. Calculate Crude Oil Lot Size – How to Read Oil Pips

Filed Under: Silver

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Diversify your savings with a gold IRA.

Gold & silver portfolio-building assistance from product professionals.

VISIT GOLD IRA COMPANY

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

Website categories

Main Forex Info

  • Forex Calendar 2022
  • Forex Holidays Calendar 2022 – Holidays Around the World
  • Non-Farm Payroll Dates 2022.
  • Key Economic Indicators For a Country
  • The Best Forex Brokers of 2022 (Ranked & Reviewed)
  • Best Forex Brokers by Monthly Traffic of 2022
  • Free Forex Account Without Deposit in Summer of 2022.
  • What is PAMM in Forex? Are PAMM Accounts Safe?
  • Stock Exchange Trading Hours
  • Which Forex Broker Accept Paypal? – PayPal brokers

Main navigation:

  • Home
  • About us
  • Forex brokers reviews
  • Investment
  • Education
  • Privacy Policy
  • Risk Disclaimer
  • Contact us

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Sign Up. Get newsletter.

Spanish language

Spanish language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007

Privacy Policy