Difference between pips and point/pipettes?
Pips: A "pip" is the smallest price move that a currency pair can make. It's usually the fourth decimal place in a currency pair. For example, if EURUSD changes from 1.12000 to 1.12010, it moved one pip.
Point/Pipettes: A "point" is even smaller than a pip, and it represents the fifth decimal place in a currency pair. It's a fraction of a pip—specifically, one-tenth. So, if EURUSD changes from 1.12000 to 1.12001, it moved one point.