---
title: What is a pip/tick?
description: "Pip/tick refers to the minimum price fluctuation of a financial instrument. More information is available in the “Product Outline” under the Legal Document section in your Portal or on our website at [https://en.wmmarkets.com/products/ ](https://en.wmmarkets.com/products/)"
url: "https://en.wmmarkets.com/knowledge-base/trading/what-is-a-pip-tick/"
updated: "2026-07-16"
category: Trading
---

# What is a pip/tick?

Pip/tick refers to the minimum price fluctuation of a financial instrument. More information is available in the “Product Outline” under the Legal Document section in your Portal or on our website at [https://en.wmmarkets.com/products/ ](https://en.wmmarkets.com/products/)