Pip Value Calculator
Easily calculate the value of a pip across over 48 popular currency crosses. Enter your position size in lots, select your currency pair and account currency.
Why pip values matter
The value of a pip measures how much you stand to earn or lose from a 1 pip change in a currency pair's exchange rate.It can help you assess how much of your capital is at risk, and is a foundation of more elaborate risk management strategies.
Pip value example
If you were to trade 1 lot of EUR/USD and your account denominated in EUR.
- One pip, in decimals: 0.0001
- Position size (in lots): 1
- Exchange rate: 1.0899
Each pip would be worth €9.18, calculated as:
(0.0001 * 100,000) / 1.0899 = 9.1755
Forex pip values are calculated as follows:
Pip Value = (Pip in decimal places * Trade Size) / Market Price
Best for Beginners
Best for Pros
Trade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more on ... MoreTrade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more on fixed or floating spreads on MetaTrader 4. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.