Common comparison error
A Pip difference does not alone prove manipulation; spread, last trade, midpoint, clock error, latency, or Currency pair may explain it.
GlossaryMarkets & assets
Pip
A standard small unit used to describe a change in a forex exchange rate. Its value depends on the pair and quote precision.
Practical use
How to verify Pip
Read Pip together with Base currency, Currency pair, FX fixing. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
A broker candle and external chart disagree on Pip: one uses midpoint and another last trade. Matching instrument and price type explains Base currency. The evidence must resolve the defining Pip boundary: the standardized small forex increment depends on currency pair and quote precision.
Evidence path
Where to verify Pip
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.