A point is the smallest possible price change.

For example 1 point on EURUSD with 5 decimals is 0.00001.

**The calculation for the point value is as follows:**

Example: 1 Lot of EURUSD

0.00001 * 100,000 (Contract Size) = 1 USD

0.00001 * 100,000 (Contract Size) = 1 USD