CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pip stands for "percentage in point". It is a unit of change in exchange rates. The pip is the fourth digit after the decimal point in the exchange rate, equal to 0.0001.
In this example, with GBP / USD currency pair, the Pip for the Sell price is 20, whereas the Pip for the Buy price is 22.
In transactions involving the Japanese yen, the pip is equal to 0.01, as JPY quotes have just two decimal positions rather than the usual four.
In this example, with the USD and JPY, the Pip for the Sell price is 68, whereas the Pip for the Buy price is 71.