Pip Calculator
Calculate pip values for forex trading positions
Trade Details
Select the currency pair you're trading
Your trading account denomination
Standard Lot
Quick Select:
Current EUR/USD rate
Pip Value
Value Per Pip
$0.00
per pip movement
Profit/Loss Examples
10 pips gain:+$0.00
25 pips gain:+$0.00
50 pips gain:+$0.00
20 pips loss:-$0.00
Trade Summary
Pair:EUR/USD
Lot Size:1.00 lots
1 Pip equals:0.0001
Understanding Pips
Pip (Point in Percentage): The smallest price move in a currency pair.
Standard Pairs: 1 pip = 0.0001 (4th decimal place)
JPY Pairs: 1 pip = 0.01 (2nd decimal place)
Pipette: 1/10th of a pip (5th decimal for standard, 3rd for JPY)
Pip value depends on pair traded, lot size, and account currency.
Forex Lot Sizes
| Lot Type | Units | Lots | Pip Value (EUR/USD) |
|---|---|---|---|
| Standard | 100,000 | 1.0 | $10 |
| Mini | 10,000 | 0.1 | $1 |
| Micro | 1,000 | 0.01 | $0.10 |
| Nano | 100 | 0.001 | $0.01 |
Pip Calculation Formula
Quote = Account Currency:
Pip Value = Lot Size × Pip SizeBase = Account Currency:
Pip Value = (Lot Size × Pip Size) / Exchange RateCross Currency:
Convert using current exchange ratesRisk Management with Pips
- • Know your pip value before entering trades
- • Set stop loss in pips based on account risk
- • Calculate position size from acceptable pip loss
- • Factor in spread (bid-ask difference in pips)
- • Consider pip value changes with rate fluctuations
- • Use micro lots when starting out
Common Pip Values (Standard Lot)
USD Quote Pairs
- • EUR/USD: $10 per pip
- • GBP/USD: $10 per pip
- • AUD/USD: $10 per pip
- • NZD/USD: $10 per pip
Other Major Pairs
- • USD/JPY: ~$9 per pip (varies)
- • USD/CHF: ~$10 per pip (varies)
- • USD/CAD: ~$7.5 per pip (varies)
- • EUR/GBP: ~$12 per pip (varies)