PiP
PiP (short for Point in Percentage) is a standardized unit of measurement that represents the smallest amount by which a currency quote can change. A pip value helps to determine how a one pip change to the exchange rate would change the position value. That’s why pips are often used to reference gains or losses. One pip usually represents 1/100 of 1% in the quoted currency.
In MyBro, spread is shown in pips.