Trading Tools
Pip Calculator
Determine the monetary value of a single pip for any forex position to assess potential profit or loss.
Enter values to calculate
How to use
Select your currency pair, enter your position size in lots, and click Calculate to see the pip value in account currency.
Formula (standard pairs): Pip value = 0.0001 × contract size × position size ÷ exchange rate
Formula (USD/JPY): Pip value = 0.01 × contract size × position size ÷ exchange rate
Contract size is standardized at 100,000 units per lot. Results are indicative and based on the entered exchange rate.