Pip Calculator
Calculate the value of a pip in your account currency for any Forex pair
Pip Calculator
Calculate the value of a pip in your account currency
Standard lot = 100,000 units
Calculation Results
Pip Value
10.0000 USD
Per standard lot (1.0 lot)
Tip: Knowing your pip value helps you calculate risk and set appropriate stop-loss levels for your trades.
What is a Pip?
A pip (Percentage in Point) is the smallest price move that a given exchange rate can make based on market convention. For most currency pairs, one pip equals 0.0001. For pairs involving the Japanese Yen, one pip equals 0.01.
Understanding pip values is essential for risk management and position sizing in Forex trading.
How to Use
- Select your currency pair
- Choose your account currency
- Enter your trade size in lots
- Optionally enter the current exchange rate
- The calculator shows your pip value
Trading Tip
Always calculate your pip value before entering a trade. This helps you determine appropriate stop-loss levels and position sizes based on your risk tolerance. Remember: Never risk more than 1-2% of your account on a single trade.