Pip Value Calculator
Calculate the exact monetary value of a pip for any currency pair based on your trade size.
Enter Your Parameters
What is a Pip?
A pip is the smallest price movement in forex. For most pairs, 1 pip = 0.0001. For JPY pairs, 1 pip = 0.01.
How to Use This Calculator
- Select your currency pair – The pair you're planning to trade.
- Choose lot type – Standard (100k), Mini (10k), or Micro (1k) lot.
- Enter number of lots – How many lots you plan to trade.
- Read your pip value – This shows how much each pip movement is worth in your account currency.
What is a Pip Value Calculator?
A pip value calculator is an essential forex trading tool that determines how much each pip movement is worth in your account currency. Understanding pip values is crucial for proper risk management and position sizing.
In forex trading, a pip (percentage in point) represents the smallest price movement a currency pair can make. For most pairs, this is 0.0001, while for JPY pairs it's 0.01. Our calculator instantly converts these movements into real monetary values based on your trade size and account currency.
Key Features
- Real-time pip value calculations
- Support for 60+ currency pairs
- Standard, mini, and micro lot options
- Multi-currency account support
- Live exchange rate integration
- JPY pair special handling
Frequently Asked Questions
A pip (percentage in point) is the smallest price movement in forex. For most currency pairs, 1 pip equals 0.0001. For Japanese Yen pairs (like USD/JPY), 1 pip equals 0.01 due to the different decimal placement.
Pip value = (One Pip / Exchange Rate) × Lot Size. For a standard lot of EUR/USD at 1.0850: (0.0001 / 1.0850) × 100,000 = $9.22 per pip. Our calculator does this automatically with live rates.
Pip value varies because it depends on the quote currency and current exchange rate. When USD is the quote currency, a standard lot pip value is always $10. For other quote currencies, the pip value must be converted using the current exchange rate.
A standard lot = 100,000 units (pip value ≈ $10). A mini lot = 10,000 units (pip value ≈ $1). A micro lot = 1,000 units (pip value ≈ $0.10). Smaller lot sizes allow for better risk management, especially for smaller accounts.
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